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MicroStrategy Acquires 130 More Bitcoin Using STRK Stock Proceeds

MicroStrategy Acquires 130 More Bitcoin Using STRK Stock Proceeds

BTCPEERS2025/03/17 09:10
By:Albert Morgan
MicroStrategy Acquires 130 More Bitcoin Using STRK Stock Proceeds image 0

MicroStrategy has added to its substantial Bitcoin holdings with a new purchase of 130 Bitcoin for approximately $10.7 million. According to a Monday filing, the company paid an average price of $82,981 per Bitcoin in this latest acquisition, according to a monday morning filing.

The Michael Saylor-led company now holds a total of 499,226 Bitcoin. This massive crypto treasury was acquired for a total of $33.1 billion, representing an average cost of $66,360 per Bitcoin. The company reports its "BTC yield" at 6.9% year-to-date.

To fund this latest Bitcoin purchase, MicroStrategy sold 123,000 shares of its preferred stock (STRK). The sale generated about $10.7 million in net proceeds that went directly toward the Bitcoin acquisition.

This modest purchase follows MicroStrategy's recent announcement of a much larger financial move. Last week, the company revealed plans for a $21 billion at-the-market offering of its preferred stock.

The company's aggressive acquisition strategy aligns with its previously announced "21/21 plan" to raise up to $21 billion in equity and $21 billion in fixed-income securities. MicroStrategy, now known as Strategy, has made six Bitcoin purchases in 2025 alone, acquiring 52,696 BTC since January 13.

MicroStrategy continues to build its position as the largest corporate holder of Bitcoin. The company's strategy has been straightforward:

  • Raise capital through stock sales
  • Use the proceeds to purchase Bitcoin
  • Hold the Bitcoin as a treasury reserve asset

The latest purchase brings MicroStrategy closer to the milestone of 500,000 Bitcoin. The company's continued accumulation occurs despite Bitcoin's high price levels, showing ongoing conviction in its Bitcoin-focused treasury strategy.

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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.

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