Strategy buys almost $2b more Bitcoin, now holds over 528k BTC

Michael Saylor’s Strategy boosts its Bitcoin holdings to 528,185 BTC, acquired for $1.92 billion at an average of $86,969 per coin.

The most active public Bitcoin (BTC) buyer Strategy (formerly MicroStrategy) has acquired another 22,048 BTC, bringing its total BTC holdings at 528,185 BTC. In a March 31 post on X, Strategy’s founder Michael Saylor disclosed that the company acquired the latest tranche for $1.92 billion over six days, from March 24 to March 30.

According to a disclosure filing with the U.S. Securities and Exchange Commission, Strategy purchased the tranche at an average price of at nearly $86,969 per BTC. Despite the purchase, Bitcoin is trading down 1.32% at $82,060.

With the latest purchase, Strategy has achieved BTC Yield of 11% YTD and as of March 31 held 528,185 BTC acquired for $35.63 billion at approximately $67,458 per BTC.

The latest buy follows Strategy’s plans to raise additional capital for Bitcoin acquisitions despite market volatility and broader macroeconomic uncertainty.

As crypto.news reported earlier, the company intends to raise $21 billion through its class A strike preferred stock to strengthen its investment portfolio. According to an SEC filing, the funds will be used for general corporate purposes, which may include further Bitcoin purchases.