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Michael Saylor’s Strategy surpasses 500,000 Bitcoin with latest purchase

Michael Saylor’s Strategy surpasses 500,000 Bitcoin with latest purchase

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Source: Coin Telegraph

Strategy acquired 6,911 BTC for $584 million during the latest dip, pushing its total Bitcoin holdings beyond 500,000, according to a new SEC filing.

Update: March 24, 2025, 1:11 pm UTC: This article has been updated to include the settlement date of Strategy’s $711 million offering.

Michael Saylor’s Strategy has acquired over $500 million worth of Bitcoin as institutional interest and exchange-traded fund (ETF) inflows make a comeback.

Strategy acquired 6,911 Bitcoin (BTC) for over $584 million between March 17 and March 23 at an average price of $84,529 per coin, according to a March 24 filing with the US Securities and Exchange Commission (SEC). 

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Author: Zoltan Vardai