- Strategy acquired roughly 22,000 BTC for US$1.92B at about US$87K each, marking its largest Bitcoin purchase of 2025.
- The acquisition lifts its total Bitcoin holdings to 528,185 BTC, valued at US$35.6B, with unrealised gains over US$7.7B.
- Despite criticism from Peter Schiff and market concerns over US trade policy shifts, Strategy’s aggressive buying spree continues.
Michael Saylor’s Strategy, formerly known as MicroStrategy, capitalised on a recent price dip to acquire 22,048 Bitcoin for US$1.92B (AU$3.08B), at an average of US$86,969 (AU$139,904) per coin.
In a March 31 post on X by co-founder Michael Saylor, Strategy detailed the acquisition and reiterated its commitment to building the largest corporate Bitcoin reserve.
Of course, Bitcoin’s number one hater, Peter Schiff, had to be there in Saylor’s comments, doing his thing:
Imagine how much lower Bitcoin would be today without your buying, or the expectation that you will keep buying more. You are already down over $100 million on that purchase. How much more good money will investors let you throw after bad?
Peter Schiff, Bitcoin scepticAnyway, the company now holds over 528,000 bitcoins, having spent a total of US$35.63B (AU$57B) at an average cost of US$67,458 (AU$108,042) per coin.
Saylortracker data reveals that Strategy’s Bitcoin investments have gained over 21% in value, resulting in unrealised profits in excess of US$7.7B (AU$12.3B). The firm keeps on buying, even as market concerns persist due to potential shifts in US trade policy.
Related: Ghibli Memecoins Soar as AI Floods the Internet with Anime Aesthetics
Is Strategy Back?
The firm’s aggressive buying spree began following the recent US elections, when anticipated regulatory changes and a potential shift in the economic landscape spurred a renewed interest in digital assets.
Despite a period of slower BTC acquisitions, and even getting outstripped by its Japanese version, Metaplanet, Strategy’s near US$2B dip buy has propelled its overall portfolio value, even as Bitcoin’s price slid to around US$82,500 (AU$132,000).
Related: Gunzilla’s GUNZ Network Goes Live March 31, GUN Token to Trade on Binance with Volatility Warning
Credit: Source link
