Michael Saylor's firm Strategy has purchased 130 BTC for approximately $10.7 million, marking its smallest acquisition since 2020. The decision reflects a cautious approach due to current market conditions.
Strategy's Smallest Bitcoin Buy Since 2020
On March 17, 2025, Michael Saylor announced via Twitter that Strategy acquired 130 BTC at an average price of about $82,981 per Bitcoin. This purchase represents their smallest acquisition since August 2020. Strategy plans to issue five million shares of Series A Perpetual Strife Preferred Stock to fund further Bitcoin purchases, with a 10% annual dividend paid quarterly.
Market Share Increase by $8 Billion
Immediate impacts include Strategy's market share rising by over $8 billion since its initial Bitcoin investment, indicating a cautious stance in light of potentially stagnant market conditions. Financial implications include Strategy's stock, MSTR, experiencing a 5% decrease in early trading. The proposal for U.S. government involvement in Bitcoin signifies potential political impacts.
Expert Views on Strategy's Latest BTC Purchase
This acquisition is notably smaller compared to Strategy's previous purchase of 169 BTC in August 2024. Historically, such moves by Strategy have aligned with significant market shifts. Experts like Ki Young Ju suggest a bear market phase, influencing Strategy's cautious acquisition. Analysts believe government involvement, as proposed by Saylor, could steer Bitcoin's future trajectory significantly.
Historically, Strategy has made significant Bitcoin acquisitions at key moments of market change. The proposed U.S. government involvement by Saylor could have a significant impact on Bitcoin in the future.
