Strategy Crosses 500K Bitcoin Milestone After $584M BTC Buy
Michael Saylor’s Strategy just added more Bitcoin to its already massive holdings. Between March 17 and 23, the company scooped up 6,911 BTC for $584 million. That puts its average purchase price for this round at $84,529 per coin. Strategy now owns 506,137 BTC, worth over $42 billion at current prices. That’s more than 2% of the total Bitcoin supply.
This latest move came right after the company raised fresh capital through its common stock (MSTR) and new preferred shares (STRK). It brought in over $593 million from selling 1.97 million MSTR shares and 13,100 STRK shares. That money went straight into buying Bitcoin. No surprise there—this is part of Strategy’s CORE playbook.
Michael Saylor Is All In on Bitcoin
Michael Saylor isn’t slowing down. The executive chairman and co-founder of Strategy has made Bitcoin the centerpiece of the company’s identity. He’s called BTC the “primary treasury reserve asset,” and he’s proving it with every move.
The numbers back it up. Strategy has spent about $33.7 billion to buy Bitcoin so far. The average cost per coin sits at $66,608. With Bitcoin trading above $85,000, that gives them a strong return—and a 7.7% year-to-date gain in 2025.
Saylor has also hinted at more Bitcoin buys, and it’s clear he’s got the funding tools ready. Strategy still has billions left in both MSTR and STRK share sales to fuel future purchases. The message is clear: they’re not done accumulating.
Strategy Keeps Buying Despite Tariff Fears
This major Bitcoin buy came during a period of market uncertainty. Investors have been worried about global trade tensions and upcoming tariffs, especially those linked to former President Donald Trump’s policies. Tariffs are expected to hit in early April and could shake up traditional and crypto markets alike.
Despite a multitude of positive crypto-specific developments, global tariff fears will continue to pressure the markets until at least April 2, according to Nicolai Sondergaard, a research analyst at Nansen.
“I’m looking forward to seeing what happens with the tariffs from April 2nd onward. Maybe we’ll see some of them dropped, but it depends if all countries can agree. That’s the biggest driver at this moment,”But Saylor and Strategy aren’t backing off. While others play it safe, they’re buying the dip. That kind of bold move stands out—and shows the company is betting that Bitcoin will remain strong even in a shaky macro environment.
Analysts say these trade tensions could ease by mid-year, which may open the door for a broader market rally. If that happens, Strategy will have positioned itself perfectly—stacking BTC while others hesitated.
MSTR Stock Moves With Bitcoin
MSTR, Strategy’s stock ticker, is riding the wave. It jumped more than 4% in pre-market trading after news of the BTC purchase broke. MSTR closed last week above $300 and is now up nearly 5% on the year.
The stock has become a proxy for Bitcoin itself. When BTC climbs, MSTR usually follows. This has made it one of the most talked-about assets among Bitcoin bulls and retail traders alike. And thanks to the company’s aggressive BTC strategy, it remains one of the best-performing major assets since 2020.
As long as Strategy keeps buying Bitcoin, MSTR will likely keep mirroring BTC’s price action. That’s exactly what Saylor wants.
Strategy Sets the Pace for Institutional BTC Buying
Strategy continues to lead the corporate Bitcoin pack. Its holdings dwarf those of other public companies, including Tesla. And with ETFs and institutional interest growing again, the timing of this purchase makes sense.
More than 10,000 BTC were moved off exchanges recently, signaling stronger investor conviction. Whales are stacking. Strategy is stacking. The market is watching.
In a world full of short-term traders, Strategy plays the long game. With Michael Saylor at the helm and a playbook built around BTC, the company isn’t just betting on the future of money—it’s helping shape it.
