Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Strategy Buys 22,048 Bitcoin for $1.9B, Now Holds 528,185 BTC

Strategy Buys 22,048 Bitcoin for $1.9B, Now Holds 528,185 BTC

CryptotimesCryptotimes2025/03/31 19:33
By:Gopal Solanky

Strategy, the business intelligence firm – now turned into a Bitcoin company – has acquired additional 22,048 Bitcoin for $1.9 billion, bringing its total portfolio holding to 528,185 BTC which is now worth $43.84 billion as per latest Bitcoin price of $83,000 at the time of writing. 

The founder and CEO of Strategy, Michael Saylor shared the latest purchase on X citing that the company has bought 22,048 BTC at an average price of $86,969 and has achieved a yield of 11% this year (YTD) in 2025. 

$MSTR has acquired 22,048 BTC for ~$1.92 billion at ~$86,969 per bitcoin and has achieved BTC Yield of 11.0% YTD 2025. As of 3/30/2025, @Strategy holds 528,185 $BTC acquired for ~$35.63 billion at ~$67,458 per bitcoin. $STRK $STRF https://t.co/1sfyBIglnt

— Michael Saylor⚡️ (@saylor) March 31, 2025

This latest acquisition was processed using the funds it accumulated by selling its class A common stock MSTR and perpetual strike preferred stock STRK. The company sold 3,645,528 MSTR shares for approximately $1.2 billion and 213,807 STRK shares for approximately $18.52 million last week. 

Strategy’s mega plan involves STRK and STRF perpetual preferred stocks that are in addition to the initial “21/21 plan.” The firm targets to raise a capital of $42 billion by equity offerings and fixed-income securities for more purchases throughout this year. 

Michael Saylor and Strategy has put Bitcoin in a trend within traditional finance players who are now joining the race with revealing plans to invest directly in BTC. GameStop is latest in the trend with it announcing $1.3 billion of private offering of convertible senior notes that it will use to purchase Bitcoin.  

Follow The Crypto Times on Google News to Stay Updated!
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

PayPal Adds SOL and LINK for U.S. Customers

PayPal now supports Solana (SOL) and Chainlink (LINK) for U.S. users, marking a big step forward for crypto adoption.More Crypto Choices on PayPalWhy This Matters for the MarketA Bullish Signal for Crypto

Coinomedia2025/04/03 05:55
PayPal Adds SOL and LINK for U.S. Customers

Fidelity Unveils No-Fee Crypto IRA for U.S. Investors

Fidelity introduces a no-fee crypto IRA, enabling U.S. adults to invest in BTC, ETH, and LTC with secure cold storage custody.Secure Storage and Trusted CustodyEasy Access and Tax Benefits

Coinomedia2025/04/03 05:55
Fidelity Unveils No-Fee Crypto IRA for U.S. Investors

Can BlockDAG Hit $1? Viral Keynote 3 & 10 CEX Listings Make a Strong Case

BlockDAG’s hybrid DAG + PoW model, 800K+ mobile miners, & $5M raised in 48 hours put it on track for $1. With DeFi features ready & 10 CEXs lined up, BDAG is the Layer 1 to keep an eye on.Hybrid DAG + PoW Architecture Offers Performance With SecurityWith $0.0248 Entry Point, a $1 Target Is Within RangeMaking Mining Accessible to EveryoneThis is a Key Accumulation Phase

Coinomedia2025/04/03 05:55
Can BlockDAG Hit $1? Viral Keynote 3 & 10 CEX Listings Make a Strong Case