Michael Saylor’s corporate Bitcoin giant, Strategy, has reinforced its aggressive Bitcoin accumulation strategy by purchasing an additional 130 BTC for approximately $10.7 million. The Virginia-based public company, formerly known as MicroStrategy, continues its push toward the 500,000 BTC milestone.
Strategy’s Growing Bitcoin Reserves
In an X (formerly Twitter) announcement on March 17, 2025, Strategy founder Michael Saylor revealed that the firm acquired 130 BTC at an average price of ~$82,981 per Bitcoin, achieving a 6.9% BTC yield year-to-date.
With this latest acquisition, Strategy now holds 499,226 BTC, purchased for over $33 billion at an average cost of $66,360 per BTC. Despite this milestone, Strategy’s STRK shares dipped by 1% in pre-market trading, according to Nasdaq data.
Aggressive Expansion Amid Market Uncertainty
The purchase comes just a week after Strategy announced plans to raise additional capital for further Bitcoin acquisitions, even as the crypto market faces macroeconomic headwinds. The company plans to raise $21 billion through its class A strike preferred stock to enhance its investment portfolio.
According to a recent U.S. Securities and Exchange Commission (SEC) filing, Strategy intends to use the proceeds from this sale for general corporate purposes, including additional Bitcoin purchases.
The “21/21” Roadmap and Future Outlook
Strategy’s ATM equity program aligns with its “21/21” roadmap, an ambitious plan to raise and invest $42 billion in Bitcoin, spearheaded by executive chairman Michael Saylor. Additionally, the company has the option to exercise a buyback for any unbought allocation if STRK’s value drops by 25% below its initial issuance price.
Despite a recent downturn in its stock price, Strategy remains steadfast in its Bitcoin strategy, solidifying its position as one of the largest corporate Bitcoin holders. Whether this aggressive approach pays off will depend on market conditions and Bitcoin’s long-term performance.
