Michael Saylor’s Strategy, known for its large Bitcoin
$83,679.30
holdings, has made its smallest purchase to date.
The purchase comes at a time when Bitcoin’s price recently dropped below $80,000, its lowest in months.
In a March 17 post on X, Saylor announced the purchase, stating that the company acquired 130 BTC for about $10.7 million, paying an average price of $82,981 per coin.
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The acquisition was funded through the company’s “STRK ATM” program, which aims to raise up to $21 billion for further Bitcoin investments. Despite the ongoing accumulation, this purchase stands out for its small size. The previous smallest recorded buy was 169 BTC in August 2024.
Since first entering the Bitcoin market with a 21,454 BTC purchase in 2020, Strategy has steadily increased its holdings. With this latest buy, its total Bitcoin balance, including subsidiaries, now stands at 499,226 BTC.
The company’s total investment in Bitcoin is around $33.1 billion, with an average purchase price of $66,360 per coin.
To reach the milestone of 500,000 BTC, Strategy would need to acquire another 774 BTC. Its reported Bitcoin yield is currently 6.9%, below its 15% target for 2025.
Meanwhile, Jamie Coutts, a Real Vision crypto analyst, warned that two financial indicators could pose risks to Bitcoin’s momentum. What are they? Read the full story.
Having completed a Master’s degree in Economics, Politics, and Cultures of the East Asia region, Aaron has written scientific papers analyzing the differences between Western and Collective forms of capitalism in the post-World War II era.With close to a decade of experience in the FinTech industry, Aaron understands all of the biggest issues and struggles that crypto enthusiasts face. He’s a passionate analyst who is concerned with data-driven and fact-based content, as well as that which speaks to both Web3 natives and industry newcomers.Aaron is the go-to person for everything and anything related to digital currencies. With a huge passion for blockchain & Web3 education, Aaron strives to transform the space as we know it, and make it more approachable to complete beginners.Aaron has been quoted by multiple established outlets, and is a published author himself. Even during his free time, he enjoys researching the market trends, and looking for the next supernova.
