Strategy Makes Its Smallest Bitcoin Purchase on Record, Buying 130 BTC

Strategy, the world's largest public corporate Bitcoin holder led by Michael Saylor, has made its smallest Bitcoin purchase on record.

"Strategy, the world’s largest public corporate Bitcoin holder, disclosed its smallest Bitcoin purchase yet.

The company bought 130 Bitcoin (BTC) for approximately $10.7 million in cash.

The purchase was made between March 10 and March 16 at an average price of $82,981 per BTC. This acquisition is part of Strategy’s ongoing plan to accumulate Bitcoin as a long-term investment strategy.

With this latest addition, Strategy now holds 499,226 BTC. This puts the company just 774 Bitcoin away from reaching the milestone of 500,000 BTC in holdings.

The total value of Strategy’s Bitcoin holdings is approximately $41.6 billion at current market prices. This represents over 2% of Bitcoin’s total supply, making Strategy a major player in the cryptocurrency market.

The company’s average purchase price across all acquisitions stands at $66,360 per BTC. This includes all fees and expenses associated with the purchases.

Latest Bitcoin Purchase Funded Through STRK Program

The latest Bitcoin purchase was funded through Strategy’s “STRK ATM” program. This program aims to raise up to $21 billion in fresh capital specifically for acquiring more Bitcoin.

As part of this funding strategy, Strategy sold 123,000 shares of its 8.00% Series A perpetual strike preferred stock. These STRK Shares generated the $10.7 million needed for the recent Bitcoin purchase.

The company confirmed that no Class A common stock was sold during this period. This factor allows Strategy to expand its Bitcoin portfolio without impacting its primary stock structure.

This 130 BTC purchase stands out as the smallest Bitcoin acquisition ever recorded by Strategy. Since the company began its Bitcoin investment strategy in August 2020, it has never announced a smaller purchase.

For comparison, Strategy’s first Bitcoin purchase in August 2020 was 21,454 BTC for $250 million. The previous smallest purchase was 169 Bitcoin in August 2024.

The relatively small size of this latest purchase comes despite Bitcoin’s price falling to multi-month lows below $80,000 last week. This price drop might have been seen as an opportunity for a larger purchase, but Strategy opted for a more conservative approach this time.

According to data from Strategy’s website, the company’s Bitcoin yield currently stands at 6.9%. This is substantially lower than Strategy’s target of 15% for 2025.

So far in 2025, Strategy has acquired a total of 51,656 BTC through seven announced acquisitions. This aspect highlights the company’s sustained commitment to its Bitcoin-focused treasury strategy.

Michael Saylor, co-founder and executive chairman of Strategy, is one of the best-known proponents of Bitcoin as a long-term investment.

Under Saylor’s leadership, Strategy has pivoted from a business intelligence company to a Bitcoin acquisition vehicle. However, not everyone shares Saylor’s bullish outlook on the world’s largest cryptocurrency.

Some critics, such as Charles Munger, vice chairman of Berkshire Hathaway, argue that most "enthusiasm for crypto is a mania" and that most new-age technologies like the internet and gene-sphere will ultimately contribute more to society than crypto.

Those critical of Bitcoin often cite its environmental footprint due to the energy used in mining it. They also point out that traditional assets like gold may fare better than Bitcoin in the extremely long term as a wealth preservation tool.

However, Strategy remains undeterred in its unique investment strategy. The company continues to broaden its STRK program to accommodate more efficient capital-raising methods for future Bitcoin acquisitions.