31-3-2025 – Strategy has significantly expanded its Bitcoin portfolio, acquiring an additional 22,048 BTC in a transaction valued north of $1.92B, marking one of its most substantial purchases since late 2024.
The cryptocurrency landscape witnessed a remarkable development as Michael Saylor, Strategy’s executive chairman, orchestrated this latest acquisition amidst market volatility. The firm secured the digital assets at an average cost of $86,969 per Bitcoin, bringing its total holdings to an impressive 528,185 BTC, accumulated at an average purchase price of $67,458.
To facilitate this substantial investment, Strategy demonstrated its financial agility by successfully raising capital through multiple channels. The company completed a public offering of 8.5 million STRF shares, yielding 10% at £85 per share, whilst simultaneously divesting $1.2B worth of MSTR common stock and $18.52M in STRK convertible stocks between 24-30 March.
The cryptocurrency market’s response remained measured, with Bitcoin trading at $82,068.54 following the announcement. Market analysts note that despite Strategy’s significant purchase, the broader market continues to exhibit range-bound volatility, with daily active wallets declining to 554,000 and transaction fees remaining notably low.
The acquisition adds to the existing 3.11 million BTC held collectively in corporate treasuries and state-owned wallets, following recent smaller purchases by MARA Holdings and Metaplanet. However, the landscape of major Bitcoin holders remains relatively exclusive, with merely 22 known entities maintaining wallets containing over 1,000 BTC, and just 94 entities holding upwards of 10,000 BTC.
Strategy’s aggressive accumulation strategy has positioned it as an increasingly influential force in removing Bitcoin from circulation.
