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Strategy Boosts Bitcoin Holdings with $10.7M Purchase, Nears Half-Million BTC Portfolio Milestone

Strategy Boosts Bitcoin Holdings with $10.7M Purchase, Nears Half-Million BTC Portfolio Milestone

DeFi PlanetDeFi Planet2025/03/17 21:00
By:DeFi Planet

Strategy, formerly MicroStrategy, has once again reinforced its position as the largest corporate Bitcoin holder as it added 130 BTC to its holdings.

Strategy, formerly MicroStrategy, has once again reinforced its position as the largest corporate Bitcoin holder as it added 130 BTC to its holdings.

This purchase, announced in a press release today, March 17, 2025, brings the company’s total Bitcoin holdings to 499,226 BTC. According to the company, it cost $10.7 million, with an average BTC price of $82,981. The firm’s total holdings were purchased for approximately $33.1 billion at an average price of $66,360 per coin.

The acquisition was funded through the sale of 123,000 shares of Strategy’s preferred stock, STRK, in line with its ongoing Bitcoin accumulation strategy.

The company resumed aggressive Bitcoin buying in February 2025 after a brief pause, aligning with its “21/21 plan”—a strategy leveraging structured financial instruments and corporate cash flow to expand its holdings. Earlier in February, Strategy announced a $21 billion share offering to support further Bitcoin purchases. That same month, it completed a $1.99 billion bitcoin acquisition.

Chairman Michael Saylor reaffirmed the company’s commitment to Bitcoin as a treasury asset, a strategy first implemented in 2020. As of March 16, 2025, Strategy’s holdings represent nearly 2.4% of Bitcoin’s total supply.

The firm also reported a 6.9% year-to-date BTC yield for 2025.

Meanwhile, Cantor Fitzgerald’s Brett Knoblauch has predicted that Strategy’s stock (MSTR) could rise to $613, citing the company’s “capital markets flywheel” strategy, which facilitates Bitcoin accumulation per share.

Meanwhile, BlackRock has increased its stake in Strategy to 5%, according to a February 6 SEC filing . The asset manager now holds 11.2 million shares, up from 4.09% in September 2024, making it one of the company’s largest shareholders. BlackRock’s stake now exceeds $3.6 billion, with Strategy’s stock trading near $290.

 

If you want to read more news articles like this, visit DeFi Planet and follow us on Twitter , LinkedIn , Facebook , Instagram , and CoinMarketCap Community .

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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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