Summary
- Strategy, formerly MicroStrategy, acquired 6,911 BTC for over $584 million last week.
- Now, the company holds 506,137 BTC.
Strategy, formerly known as MicroStrategy, has become the first publicly traded company to hold over half a million Bitcoins. Now, the company holds over 2.4% of the total BTC supply, following last week’s purchase.
The company debuted its Bitcoin strategy in August 2020, and it has been purchasing BTC since, despite market volatility.
Strategy Bought 6,911 BTC
Michael Saylor announced via X today, that Strategy bought 6,911 BTC for over $584 million, at $84,529 per coin, achieving a BTC yield of 7.7% YTD.
As of yesterday, the company holds 506,137 BTC that has been bought for $33,7 billion at over $66,000 per BTC.y
$MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of 7.7% YTD 2025. As of 3/23/2025, @Strategy holds 506,137 BTC acquired for ~$33.7 billion at ~$66,608 per bitcoin. $STRK https://t.co/3vSGnTUVcE
— Michael Saylor
(@saylor) March 24, 2025
The company’s total BTC holdings are now worth over $44 billion at current prices, and it now owns more than 2.4% of the total 21 million BTC supply.
Strategy – the 1st Publicly Traded Company to Hold Over Half a Million BTC
With this latest move, Strategy became the first publicly traded company to hold over 500,000 BTC.
HODL15Capital shared a post via X, featuring the top 70 companies that hold BTC, and noting that they all hold a total of 670,153 BTC after five of them increased their treasuries last week with 7,349 BTC.
The HODL Top 70 List
3/24/2025
5 companies increased their HODL last week (+7,349 BTC
)
— HODL15Capital
(@HODL15Capital) March 24, 2025
Optimistic Bitcoin Predictions
Bitcoin debuted this week with a significant price rally above $87,000, and the digital asset is up by more than 3% in the past 24 hours.
Despite the natural occasional volatility, Bitcoin remains surrounded by optimism due to multiple factors including Trump’s support, new reports from the White House stating that the US is considering selling gold to buy BTC, IMF’s acknowledgment of BTC as a store of value, and investment tool, the latest FOMC meeting from the past week, and a rising supply of stablecoins and global M2 which will trigger upcoming capital flowing in the BTC and crypto markets.
All these and growing institutional adoption create a bullish scenery for Bitcoin.
