Strategy has expanded its bitcoin holdings to 499,226 BTC after a $10.7 million purchase, while preparing a massive $21 billion stock offering for future BTC acquisitions.
Strategy Now Hodls 499,226 BTC—With $21B in Fresh Capital Still Incoming for More Bitcoin
This article was published more than a year ago. Some information may no longer be current.
WRITTEN BY
SHARE
Strategy Holds 499,226 BTC—While Raising Nearly $21B for Even Bigger Buys
Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on March 17 that it had acquired approximately 130 BTC for $10.7 million in cash at an average price of $82,981 per bitcoin. The purchase was funded through proceeds from the company’s at-the-market (ATM) offering of its 8.00% Series A perpetual strike preferred stock (STRK). Executive Chairman Michael Saylor shared the update on social media platform X, stating:
Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 3/16/2025, we hodl 499,226 BTC acquired for ~$33.1 billion at ~$66,360 per bitcoin.
This announcement follows Strategy’s launch of a $21 billion at-the-market stock offering program, with proceeds intended for additional bitcoin purchases. However, this 130 BTC acquisition is small compared to Microstrategy’s usual purchase size. The last bitcoin purchase before this one was made on Feb. 24, when the company acquired 20,356 BTC for approximately $1.99 billion at an average price of $97,514 per bitcoin.
As part of its ongoing financial strategy, the company also reported selling 123,000 shares of STRK under its ATM program, generating $10.7 million in net proceeds. As of March 16, approximately $20.99 billion worth of STRK shares remained available for issuance and sale.
Saylor, a vocal advocate for bitcoin, has previously outlined his long-term price expectations. He predicts that bitcoin could reach $13 million by 2045, with a bull case of $49 million and a bear case of $3 million. He recently met with regulators, including the U.S. Securities and Exchange Commission (SEC)’s Crypto Task Force and the U.S. House Financial Services Committee. He also attended the White House Crypto Summit hosted by President Donald Trump, where he presented his crypto asset framework. Saylor predicts bitcoin’s market cap will reach $200 trillion, and then grow 20% annually. He also claims the Strategic Bitcoin Reserve could generate $16 trillion to $81 trillion for the U.S. Treasury by 2045, potentially helping offset the national debt.
