Strategy Acquires 130 More BTC, Bringing Total Holdings to 499K
Strategy (MSTR), formerly MicroStrategy, has once again expanded its Bitcoin portfolio, purchasing 130 BTC for $10.7 million, right after its announcement regarding the sale of STRK preferred shares.
A recent SEC filing shows that Strategy purchased 130 BTC between March 10 and March 16, paying an average of $82,981 per Bitcoin.
To support its Bitcoin accumulation strategy, the company has announced a $21 billion STRK stock sale, with proceeds earmarked for further BTC purchases.
Currently, Strategy owns 499,226 BTC, bought at an average price of $66,360 per coin, totaling $33.1 billion in investment. Given today’s market price, its holdings are now worth approximately $41.6 billion.
This calculated move enables Strategy to withstand market swings and position Bitcoin as a strategic hedge against inflation risks.
Сheck this out: Michael Saylor Urges Trump to Buy 25% of All Bitcoin
Unlike traditional stock offerings, Strategy’s use of preferred shares shields MSTR from dilution, preserving its value and shareholder structure.
STRK grants dividends, specific rights, and potential conversion options, giving investors benefits while ensuring Strategy can expand without eroding shareholder equity.
Has the Market Stopped Caring About Strategy’s Bitcoin Moves?
The crypto market has grown numb to Strategy’s frequent Bitcoin acquisitions, as these moves are now business as usual. However, the company’s stock price still fluctuates alongside Bitcoin, often declining during corrections.
Since 2020, Strategy’s stock has soared over 2,700%, demonstrating long-term investor confidence. But recent market turbulence has raised concerns, and the stock has slipped nearly 40% from its highs.
Strategy’s bold Bitcoin accumulation strategy may soon serve as a model for companies navigating economic instability. Its unique blend of aggressive BTC purchases and innovative financing has proven effective—but only as a long-term investment approach, with inevitable drawdowns along the way.
At the same time, Michael Saylor’s influence is growing, reinforcing Bitcoin’s importance among institutional and political players. His participation in high-profile events like the White House crypto summit is further cementing Bitcoin’s place in both Wall Street boardrooms and government discussions.
Read on: Michael Saylor: Bitcoin’s Future Price Tag? $10 Million
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