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Strategy Becomes First Company to Hold Over 500,000 Bitcoin After $584M Purchase

Michael Saylor's company, Strategy, has acquired an additional 6,911 Bitcoin between March 17 and March 23, 2025, for approximately $584
By: DeepNewz
Strategy Becomes First Company to Hold Over 500,000 Bitcoin After $584M Purchase

Michael Saylor's company, Strategy, has acquired an additional 6,911 Bitcoin between March 17 and March 23, 2025, for approximately $584.1 million at an average price of $84,529 per Bitcoin.

This purchase brings Strategy's total Bitcoin holdings to 506,137 BTC, acquired at an aggregate cost of approximately $33.7 billion, with an average price of $66,608 per Bitcoin.

With this acquisition, Strategy has become the first publicly traded company to hold over 500,000 Bitcoin, representing approximately 2.4% of the total Bitcoin supply.

The company's Bitcoin holdings are now valued at over $44 billion, reflecting a year-to-date Bitcoin yield of 7.7% in 2025.

The purchase was funded after raising more than $700 million last week through the sale of perpetual strife preferred stock.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

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