Michael Saylor’s Strategy Tops BTC Stash With Additional $10M Purchase

Strategy (formerly MicroStrategy), the business intelligence giant, announced Monday that it had increased its bitcoin (BTC) stash with a new purchase.

According to a Form 8-K filing with the United States Securities and Exchange Commission (SEC), Strategy acquired 130 BTC worth approximately $10.7 million between March 10 and 16, 2025. The latest purchase has brought the company’s bitcoin holdings to a total of 499,226 BTC bought at an aggregate price of $33.1 billion and an average of $66,360 per coin.

Strategy Buys $10.7M BTC

Strategy revealed in the filing that the purchase was funded with proceeds from its STRK at the money (ATM) program. Last week, the company announced it was raising $21 billion through the sales of its 8.00% Series A perpetual strike preferred stock, STRK. The firm entered a sales agreement to sell the shares for $0.001 each, considering its trading price and volume for subsequent transactions.

The business intelligence firm also revealed in the SEC filing that it had sold 123,000 STRK shares between March 10 and 16 under the ATM program for roughly $10.7 million. As expected, Strategy channeled all the proceeds to ramp up its BTC holdings.

“On March 17, 2025, the company announced that, during the period between March 10, 2025, and March 16, 2025, the company acquired approximately 130 bitcoins for approximately $10.7 million in cash, at an average price of approximately $82,981 per bitcoin, inclusive of fees and expenses. The bitcoin purchases were made using proceeds from the STRK ATM,” the company stated.

Smallest Purchase in Six Months

It is worth mentioning that Strategy’s latest purchase is the smallest in a while. On previous occasions, the firm has acquired thousands of bitcoins worth billions of dollars at a time. 

In late February, the leading corporate BTC holder announced a $1.99 billion purchase that added 20,356 BTC to its balance sheet. The purchase before that in early February involved 7,633 BTC worth more than $742 million. Even in late January, Strategy acquired 10,107 BTC valued at $1.1 billion, per the cryptocurrency’s value at the time.

Strategy has not purchased anything less than 1,000 BTC in the last seven months. The last time the company made a similar purchase was in August 2024; the coins were 169 BTC worth $11.4 million.