Strategy Acquires Additional 22,048 BTC for $1.92B
0
0

Strategy (formerly MicroStrategy), the business intelligence firm, announced Monday that it has increased its bitcoin (BTC) holdings in a new purchase. The latest buy has further cemented its strong position as the largest BTC holder globally.
According to a Form 8-K filing with the Securities and Exchange Commission (SEC), the company purchased 22,048 BTC, valued at approximately $1.92 billion, between March 25 and 30, 2025. With Strategy’s latest purchase, the firm currently holds 528.185 BTC, acquired at an aggregate price of $35.63 billion and an average of $67,458 per coin.
Strategy Raising Funds
Following the filing, Strategy disclosed that the latest acquisition was funded with proceeds from its shares STRK in the money (ATM) program after deducting the underwriting discounts, commissions, and company expenses. Earlier last week, the business intelligence giant revealed it was raising $711.2 million by selling its 10% Series A Perpetual Strife Preferred Stock, STRK.
“On March 25, 2025, the Company completed its previously announced public offering of 8,500,000 shares of its 10.00% Series A Perpetual Strife Preferred Stock (the “STRF Offering”) at a public offering price of $85.00 per share. The Company expects the net proceeds from the STRF Offering to be approximately $711.2 million, after deducting the underwriting discounts and commissions and the company’s estimated offering expenses,” the firm said.
The latest multibillion-dollar BTC purchase comes after the firm acquired 6,911 BTC worth approximately 584.1 million. According to the company, it purchased the digital assets at an average of $66,608 per bitcoin.
Despite the crypto market’s volatile nature, the largest BTC holder has shown no plans to slow down its purchases. The company’s relentless and aggressive acquisitions have also set a roadmap for other institutions to imitate.
Big Firm Stacking BTC
Earlier today, Japanese venture capital firm Metaplanet revealed plans to raise ¥2 billion (equivalent to $13.33 million). The company will raise the funds through the issuance of zero-interest bonds. The company further noted that the proceeds from the sale will be directed to increase the entity’s BTC portfolio.
On March 18, 2025, the Tokyo-listed investment firm revealed it had purchased an additional BTC worth $12.54 million. The dubbed “Asian Strategy” views the digital asset as a hedge against inflation and financial instability.
Meanwhile, prominent firms like Semler Scientific have shown a strong commitment to the crypto asset by investing substantial amounts. As of the time of writing, BTC was changing hands at over $82,900.
The post Strategy Acquires Additional 22,048 BTC for $1.92B appeared first on Cointab.
0
0
Securely connect the portfolio you’re using to start.