Michael Saylor's Strategy Boosts Holdings by Acquiring 6,911 Bitcoin, Bringing Total to Over 506,000 BTC -

Strategy has bolstered its Bitcoin reserves with a $584 million purchase, bringing its total treasury to over 506,000 BTC.

The publicly traded business analytics firm Strategy (formerly MicroStrategy) has acquired 6,911 Bitcoin (BTC), increasing its total BTC holdings to over 500,000 BTC. In a post on X dated March 24, founder Michael Saylor revealed that the company bought 6,911 BTC for $584.1 million in the previous week.

$MSTR has purchased 6,911 BTC for approximately $584.1 million at about $84,529 per bitcoin, resulting in a BTC Yield of 7.7% YTD 2025. As of March 23, 2025, @Strategy holds 506,137 BTC acquired for around $33.7 billion at an average price of about $66,608 per bitcoin. $STRK https://t.co/3vSGnTUVcE

— Michael Saylor⚡️ (@saylor) March 24, 2025

A filing with the U.S. Securities and Exchange Commission reveals that Strategy made this acquisition at an average price of roughly $84,529 per BTC. At the time of this report, Bitcoin is valued at $87,500.

This latest acquisition has given Strategy a BTC Yield of 7.7% YTD, with 506,137 BTC purchased for more than $33.7 billion as of March 23. As per Bitcoin Treasuries data, Strategy now holds over 2.3% of the total circulating BTC supply.

This purchase follows Strategy’s announcement to raise additional capital to fund Bitcoin acquisitions, despite a market downturn and ongoing macroeconomic uncertainties.

As disclosed earlier by crypto.news, the firm plans to raise $21 billion through its class A strike preferred stock to enhance its investment portfolio. A filing with the SEC states that the funds raised will support general corporate operations, potentially including further Bitcoin purchases.