Strategy Splashes $2B to Acquire Another 22,048 Bitcoin
Leading business intelligence firm Strategy has grown its Bitcoin holdings by splashing nearly $2 billion to purchase an additional 22,048 BTC. Michael Saylor, Strategys executive chairman, announced the companys latest Bitcoin acquisition in a tweet today. https://twitter.com/saylor/status/1906678678714556632Latest PurchaseAccording to the announcement, Strategy spent $1.92 billion to purchase 22,048 BTC. The company acquired each BTC for an aggregate cost of $86,969, including the transaction fees and other expenses relating to the acquisition. Notably, it made the purchase last week, from March 24 to March 30, 2025. Strategy funded the Bitcoin purchase using the proceeds from its offerings of Class A Common Stock (MSTR), Perpetual Strike Preferred Stock (STRK), and Strife Preferred Stock (STRF). Strategys Bitcoin Holding Following the latest acquisition, Strategy holds a total of 528,185 BTC at press time, further positioning itself as the worlds largest corporate Bitcoin holder. It acquired the Bitcoins at a cumulative cost of $35.63 billion, each costing about $67,458. However, the value of Strategys Bitcoin portfolio has grown significantly. With Bitcoin currently trading at $82,655, Strategys Bitcoin holding is worth approximately $43.66 billion. This suggests that the company is currently sitting on a profit of about $8.03 billion. Furthermore, Strategys BTC yield is up 11% since the beginning of the year. This indicates that the value of Strategys Bitcoin stash has surged by 11% this year alone despite the market witnessing massive turbulence within this timeframe. Bitcoin Buying Spree The latest purchase comes a week after Strategy acquired 6,911 BTC for $584.1 million, taking its total Bitcoin holdings above the 500,000 mark. Despite holding a substantial amount of about 528,185 BTC, Strategy does not plan to slow down on its acquisition spree. The company remains open to issuing more stock to fund additional Bitcoin purchases in the future. On March 25, 2025, it commenced the sale of 8.5 million units of STRF stocks. At the time, Strategy disclosed that it intends to raise $722.5 million, with parts of the proceeds used to purchase more BTC. Strategys continued purchase of Bitcoin reflects its confidence in the premier asset, which Saylor believes will eventually reach a market cap of $500 trillion.
Text source: The Crypto Basic
