Strategy, led by Michael Saylor, announced significant increases in its Bitcoin holdings, surpassing 500,000 BTC, making it the largest corporate cryptocurrency holder.
Record Bitcoin Accumulation
Strategy acquired 6,911 BTC for $584.1 million, increasing its total holdings to 506,137 BTC, which comprises 2.4% of the total Bitcoin supply.
Company's Acquisition Strategy
Michael Saylor stated, 'Strategy has acquired an additional 6,911 BTC for $584.1 million at an average price of $84,529 per bitcoin. As of March 23, 2025, Strategy holds 506,137 BTC acquired for $33.7 billion at an average price of $66,608 per bitcoin.'
Market Influence and Future
The financial market may shift significantly if Strategy alters its Bitcoin acquisition strategy. Investors and analysts are keen to see the implications of such substantial cryptocurrency accumulation.
Strategy's aggressive investment strategy highlights its confidence in Bitcoin as a key asset, attracting attention from investors and regulators globally.