TLDR
- Once known as MicroStrategy, this rebranded entity picked up 22,048 Bitcoin, shelling out $1.92 billion at the going rate of about $86,969 for every Bitcoin.
- At this point, the company boasts a monumental cache of 528,185 BTC, which makes up around 2.55% of all the Bitcoin in circulation, with a market worth pegged at $35.63 billion.
- This hefty buy was done through savvy financial strategies, including leveraging stock offerings and tapping into preferred stock programs.
- The value of Bitcoin took a nosedive to approximately $82,000 shortly after the transaction, which means, for the time being, Strategy's latest haul is not pulling in profits.
- There's a growing unease in the market with President Trump's looming tariff declarations set for April 2, causing jitters among investors.
Now flying under the new banner of Strategy, formerly recognized as MicroStrategy, the firm has made significant strides in enhancing its Bitcoin reserves. In a significant financial maneuver, the company secured an additional 22,048 Bitcoin, shelling out about $1.92 billion during the transaction window from March 24 to March 30. Regulatory filings with the SEC on March 31 confirmed the completion of a major Bitcoin purchase, executed at an average exchange rate of $86,969 per coin, including related costs. according to a filing Strategy's total haul of 528,185 Bitcoin constitutes close to 2.55% of the entire Bitcoin market circulation.
In sync with its buying spree, Bitcoin prices initially surged but then reversed course, dipping to the vicinity of $82,000, tipping Strategy’s recent investiture into a loss exceeding $100 million.
To fund this weighty Bitcoin acquisition, Strategy orchestrated multiple financial moves, tapping revenue streams from its at-the-market common stock initiative, the STRK ATM program, and a novel $711.2 million public offering of high-yield 10% Series A Perpetual Strife Preferred Stock.
Notably, the common stock ATM raised a cool $1.20 billion during the pertinent reporting timeframe, supplemented by an additional $18.52 million courtesy of the STRK ATM.
March 25 marked the closure of the STRF stock offering, closing at $85.00 per share, underscoring a robust investor appetite attuned to Strategy’s Bitcoin-heavy treasury strategy.
With Strategy now sunk $35.63 billion into Bitcoin acquisitions, the company reports an average purchase cost of $67,458 per Bitcoin across its entire investment journey.
This latest chunk meshes seamlessly into Strategy's aggressive buying habits extending into 2025, highlighted by a spend of $243 million early in January and another splurge of $1.99 billion in February.
CEO Michael Saylor of Strategy has articulated a strikingly bold forecast for the firm's Bitcoin holdings, envisioning asset values oscillating between $3 million and $49 million per single Bitcoin under varied conditions.
Bitcoin Holdings Strategy
Firm backing from shareholders has paved the way for further Bitcoin acquisitions, green-lighting an extension to the company’s Class A common stock issuance from 330 million to 10.3 billion shares.
The launch of Strategy's 21/21 Plan seeks to drum up capital, splitting $21 billion each from both equity outlets and fixed-income securities progressively over time.
$MSTR has acquired 22,048 BTC for $1.92 billion at $86,969 per bitcoin and has achieved BTC Yield of 11.0% YTD 2025. As of 3/30/2025, @Strategy holds 528,185 $BTC acquired for $35.63 billion at $67,458 per bitcoin. $STRK $STRF https://t.co/1sfyBIglnt
— Michael Saylor⚡️ (@saylor) March 31, 2025
An unrealized windfall north of $7.7 billion is sitting pretty on Strategy's books, distilling to a market appreciation of over 21% against existing trading values.
However, these gains could invite tax consequences. Owing to the Inflation Reduction Act of 2022, the company could find itself liable for a 15% 'corporate alternative minimum tax' based on recalculated earnings.
Anticipation and unease permeate the Bitcoin market as President Trump primes a tariff announcement slated for April 2, expected to unveil reciprocal trade levies opposing the US's principal trade partners.
Despite market fluctuations, many investors are bullish. Andrei Grachev from DWF Labs refers to the recent dip as merely a 'healthy reset', noting that market reactions to macro events tend to be exaggerated but have little lasting impact on long-term fundamentals.
Bitcoin is currently striving to regain footing above the $80,000 threshold after briefly dipping to about $76,000, marking its lowest since November 2024, with CryptoQuant analysis pointing to potential recovery fueled by trading volumes.
The BTC Spot Volume Delta indicator on Binance has turned bullish again, implying that Binance's trading heft is eclipsing rivals, a signal that's historically ushered a positive market outlook.
Maisie has an impressive resume in the world of Crypto & Financial journalism, contributing her expertise to titles such as Moneycheck.com, level-up-casino-app.com, Computing.net, while also directing editorial operations as Editor in Chief at Blockfresh.com.
