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Strategy₿ Bought Over $584M in Bitcoin

Strategy₿ Bought Over $584M in Bitcoin

CryptoRoCryptoRo2025/03/24 17:44
By:Rada Mateescu

Key Points

  • Following its latest Bitcoin acquisition, the company surpassed 500,000 in BTC holdings.
  • BTC is trading above $87,000 today.

According to the latest reports, Strategy₿ has just surpassed 500,000 Bitcoins in its company treasury, meaning that it holds almost 2.5% of the total BTC supply.

Today, Bitcoin is trading above $87,000, pushed upwards by multiple factors.

Strategy₿ Bought 6,911 BTC

Michael Saylor announced via an X post that Strategy₿ bought 6,911 BTC for around $584,1 million at an average price of $84,529 per coin.

The company reportedly achieved a BTC yield of 7.7% in 2025.

As of March 23, Strategy₿ holds 506,137 BTC acquired for $33,7 billion, at approximately $66,608 per coin.

At today’s prices, this means that the company’s BTC holdings are worth more than $44,3 billion.

$MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of 7.7% YTD 2025. As of 3/23/2025, @Strategy holds 506,137 BTC acquired for ~$33.7 billion at ~$66,608 per bitcoin. $STRK https://t.co/3vSGnTUVcE

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

The company now owns more than 2.4% of the total 21 million BTC supply.

Saylor hinted at an upcoming bullish announcement for Bitcoin on March 23 when he posted the company’s portfolio tracker, saying that it needs more orange.

Strategy₿ Bought Over $584M in Bitcoin image 0 Michael Saylor via X

The announcement comes after last week, Strategy₿ announced that it upsized its upcoming $500 million deal from the STRF offering to over $722 million.

Today, another Bitcoin-centric company, Metaplanet, announced that it also bought an additional 150 BTC, raising its total amount to 3,350 BTC, currently worth more than $293 million.

*Metaplanet Acquires Additional 150 $BTC , Now Holds 3,350 BTC* pic.twitter.com/sakdkwHSQZ

— Metaplanet Inc. (@Metaplanet_JP) March 24, 2025

Currently, BTC is trading above $87,000.

Bitcoin, Up by Over 3% Today

At the moment of writing this article, BTC is trading above $87,000, up by more than 3% in the past 24 hours.

BTC price in USD today

Bitcoin debuted a price rally yesterday, following more bullish announcements and events during the past week.

Maintaining Optimism Despite Volatilty Fears

Also, earlier today, the Bitcoin futures OI increased by over $600 million, according to official notes from Coinglass , suggesting upcoming upward movements.

This is an important macro week in the US with events that could influence Bitcoin’s trajectory, and also, a notable significant amount of Bitcoin and Ethereum options are set to expire on March 28 – over $13,26 billion in crypto options.

📢 2025 Q1 Options Expiry Alert 📢

In just 10 days, a massive ~$13.2B in options is set to expire on Deribit. $BTC : $11.3B notional | Max Pain: $85K $ETH : $1.96B notional | Max Pain: $2.5K

With low put/call ratios and heavy OI at key strikes, will volatility ramp up into… pic.twitter.com/wVmnh4RahE

— Deribit (@DeribitOfficial) March 18, 2025

The upcoming event could also trigger market volatility, but there are plenty of reasons to remain optimistic.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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