Strategy Has Acquired 6,911 BTC for $584.1 Million

Strategy has acquired 6,911 BTC for $584.1 million at $84,529 each, driving its 2025 YTD BTC yield to 7.7%.

Strategy has acquired 6,911 BTC for $584.1 million at $84,529 each, driving its 2025 YTD BTC yield to 7.7%. As of March 23, the firm holds 506,137 BTC, purchased for $33.7 billion at $66,608 apiece.

The move showcases Strategy's (NASDAQ:Strategy) continuing efforts to expand its digital asset portfolio amid ongoing global market volatility.

Strategy has purchased Bitcoin for $584.1 million today, according to Michael Saylor, CEO of the company.

This marks another major acquisition since the company's rebrand, signaling a return to its usual strategy.

The latest Bitcoin purchase is slightly smaller than the one on February 24, when the company bought 20,356 BTC for nearly $2 billion.

After completing its rebranding earlier this year, Strategy remains focused on its long-term goal of becoming one of the world’s largest Bitcoin holders. However, just before the rebrand, the firm briefly paused its 12-week streak of major Bitcoin acquisitions.

This pause led to speculation and uncertainty, with rumors suggesting that Strategy could temporarily stop buying Bitcoin. Some also believed the company could face billions in taxes due to unrealized gains.

Strategy is gearing up to raise a staggering $21 billion through 8% Series A Perpetual Preferred Stock. This move could provide the company with more capital to further expand its Bitcoin holdings.

However, the company confirmed that the funds will be used for general business needs, which may include additional Bitcoin purchases.

The broader cryptocurrency market has seen significant gains, with Bitcoin leading the surge. The global cryptocurrency market cap has increased by 3%, reaching $2.85 trillion.

Bitcoin is currently trading at $87,379, showing a 3.6% rise in the last 24 hours. Meanwhile, Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL) have also posted impressive gains, with 4% and 7% increases, respectively.