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Cryptocurrency News Articles
Bitcoin Development Company Strategy — Formerly MicroStrategy — Pushes Forward With Its Bitcoin Buying Spree in 2025
Apr 01, 2025 at 05:20 pm
Bitcoin development company Strategy — formerly MicroStrategy— is pushing forward with its Bitcoin buying spree in 2025, snapping up nearly $2 billion worth of the orange coin
MicroStrategy has continued its massive Bitcoin buying spree, snapping up nearly $2 billion in the past week, a new SEC filing shows.
The Bitcoin development company — formerly known as Strategy — acquired 22,048 BTC for a total price of $1.92 billion at an average price of $86,969 per coin between March 24 and March 30, according to the filing on Monday.
$MSTR has acquired 22,048 BTC for ~$1.92 billion at ~$86,969 per bitcoin and has achieved BTC Yield of 11.0% YTD 2025. As of 3/30/2025, @Strategy holds 528,185 $BTC acquired for ~$35.63 billion at ~$67,458 per bitcoin. $STRK $STRFhttps://t.co/1sfyBIglnt
— MicroStrategy (@micrstrategy) April 1, 2025
The company now holds 528,185 BTC in total. At today’s Bitcoin price, that’s a stash worth more than $43 billion, making it the biggest corporate holder of the flagship crypto since it first began buying the asset in August 2020. For perspective, this equates to over 2.5% of Bitcoin’s 21 million supply. All told, the company bought its coins at an average price of $67,458, the announcement stated.
According to the Monday disclosure, MicroStrategy financed its latest BTC acquisition using proceeds from the sale of its Class A common stock, MSTR, and perpetual strike preferred stock, STRK.
Last week, MicroStrategy sold 3,645,528 MSTR shares of its Class A Common stock for roughly $1.2 billion. As of March 30, the firm still has $2.3 billion worth of MSTR shares available for issuance and sale under that program.
Additionally, the Tysons, Virginia-based company sold 213,807 shares of its Perpetual Strike (STRK) Preferred Stock last week, raking in $18.52 million— with $20.97 billion of STRK shares still available.
The Bitcoin behemoth’s long-term plan involves raising $42 billion via equity offerings and fixed-income securities for BTC acquisitions over the next three years as part of its “strategy” to purchase Bitcoin despite market volatility.
Following the announcement, Bitcoin's price rose to $83,568 at press time, up 1.1% on the day, CoinGecko data shows.
Earlier this week, video game retailer GameStop became the latest publicly traded company to adopt a MicroStrategy-esque corporate Bitcoin acquisition strategy, joining a plethora of other firms adding BTC to their balance sheets. As reported by ZyCrypto, GameStop subsequently tipped plans to use proceeds from a proposed $1.3 billion convertible debt offering to kickstart its Bitcoin buying spree.
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