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Strategy surpasses 500,000 BTC holdings with a $584M purchase, further cementing its reputation as a corporate leader in Bitcoin accumulation.
What’s the Scoop?
- Major Milestone: Strategy has acquired an additional 6,911 BTC for $584.1 million, pushing its total holdings past 500,000 BTC.
- Funding Strategy: The purchase was financed through sales of its class A common stock (MSTR) and perpetual strike preferred stock (STRK).
- Long-term Bet: The company now holds 2.4% of Bitcoin's fixed supply, with a total cost of $33.7 billion and an average purchase price of $66,608 per BTC.
Strategy just acquired 6,911 BTC. @Strategy now holds a total of 506,137 BTC
— Philip Swift (@PositiveCrypto) March 24, 2025
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