• Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021
No Result
View All Result
CryptoABC.net
No Result
View All Result

Saylor’s Strategy Buys More Bitcoin, Now Holds 500,000 BTC

March 25, 2025
in Australian Crypto News
Reading Time: 3min read
0 0
A A
0
Saylor’s Strategy Buys More Bitcoin, Now Holds 500,000 BTC
0
SHARES
12
VIEWS
ShareShareShareShareShare
  • Michael Saylor’s Strategy acquired 6,911 additional BTC for ~US$584M, boosting its total to 506,137 BTC worth roughly US$33.7B.
  • The purchase was funded via share sales from its “Common ATM” and “STRK ATM” programs under the “21/21 plan”.
  • Strategy now holds over 2% of the global Bitcoin supply, outpacing other major holders like Tesla and Coinbase.

Nature seems to be healing now that Michael Saylor’s Strategy has announced the acquisition of 6,911 additional Bitcoin (BTC) for approximately US$584.1M (AU$929M) at an average price of around US$84,529 (AU$134,547) per coin. 

This brings the company’s total holdings to over 500,000 BTC, with a current position of 506,137 BTC acquired for roughly US$33.7B (AU$53B) at an average price of about US$66,608 (AU$106,505) per BTC. 

$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

This is a significantly higher purchase than the one made last week when Strategy was outstripped by its Japanese version, MetaPlanet.

Related: Tether Looks to Teams Up with Big Four for Historic Audit Amid Stability Concerns

Buying Bitcoin With New Programs

Just about two weeks ago, Michael Saylor announced a US$21B (AU$33B) stock sale to finance additional Bitcoin purchases during the market downturn. This capital raise is part of the company’s “21/21 plan” and involves issuing 8% Series A Perpetual Strike Preferred Stock —a funding mechanism that allows Strategy to raise significant capital without a fixed repayment timeline.

According to the SEC filing, Strategy financed this BTC acquisition using proceeds from its “Common ATM” and “STRK ATM” programs. Between March 17 and March 23, the company sold 1,975,000 shares of its Class A common stock, generating net proceeds of about US$592M (AU$942M), along with 13,100 shares of its 8.00% Series A Perpetual Strike Preferred Stock, which netted over US1M (AU$1.57M).

Data from BitcoinTreasuries.net indicates that Strategy now owns more than 2% of the global circulating Bitcoin supply, a significant share compared to other major holders like MARA Holdings, Riot Platforms, Tesla and Coinbase, each of which controls less than 1%.

Strategy BTC Holding History. Source: BitcoinTreasuries.net

Related: Softer Crypto Regulations a Mistake, Leaves Investors Unprotected, Says Former SEC Director


Credit: Source link

ShareTweetSendPinShare
Previous Post

Is Bitcoin’s Next Leg Up Loading?

Next Post

Trump Media Teams Up with Crypto.com for ‘Made in America’ ETFs

Next Post
Trump Media Teams Up with Crypto.com for ‘Made in America’ ETFs

Trump Media Teams Up with Crypto.com for ‘Made in America’ ETFs

You might also like

Bitcoin Price Breakdown Risk Grows As Bears Aim For $85K

Bitcoin Price Sinks Below $68K, Downside Targets Come Into Focus

March 9, 2026
Why Bitcoin Can’t Be Explained By A Single Economic Cycle

Analyst Says Bitcoin Price Bottom Hasn’t Happened Yet, Gives Timeline To Expect Reversal

March 5, 2026
Crypto Exchange Predicts When Shiba Inu Price Will Reach $0.01

Analyst Shares The Best Time To Buy Shiba Inu, And The Best Time To Sell

March 6, 2026
Bitcoin At Historic RSI Lows — Is The Final Flush Already Behind Us?

Bitcoin Consolidates Near Key Support Band — $77,000 Holds The Key To The Next Move

March 5, 2026
Bitcoin Price Holds Above $115,000 — Here’s Why This Level Is Significant

Here’s Why Bitcoin Price Must Not Fall To $54K: Analyst

March 7, 2026
Bhutan Sells Bitcoin as National Holdings Drop Nearly 60%

Bhutan Sells Bitcoin as National Holdings Drop Nearly 60%

March 11, 2026
CryptoABC.net

This is an Australian online news/education portal that aims to provide the latest crypto news, real-time updates, education and reviews within Australia and around the world. Feel free to get in touch with us!

What's New Here!

Is Dogecoin About To Repeat NVIDIA’s Run? Here’s What The Chart Says

Dogecoin (DOGE) Pullback Sparks Tension — Will Support Hold?

March 12, 2026
Ethereum Price Sinks To $2,800, Raising Fresh Downside Fears

Ethereum Price Struggles Near Highs — Reversal Risk Rising

March 12, 2026

Subscribe Now

  • Contact Us
  • Privacy Policy
  • Terms of Use
  • DMCA

© 2021 cryptoabc.net - All rights reserved!

No Result
View All Result
  • Live Crypto Prices
  • Crypto News
    • Worldwide
      • Bitcoin
      • Ethereum
      • Altcoin
      • Blockchain
      • Regulation
    • Australian Crypto News
  • Education
    • Cryptocurrency For Beginners
    • Where to Buy Cryptocurrency
    • Where to Store Cryptos
    • Cryptocurrency Tax in Australia 2021

© 2021 cryptoabc.net - All rights reserved!

Welcome Back!

Login to your account below

Forgotten Password?

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Please enter CoinGecko Free Api Key to get this plugin works.