Strategy, led by Michael Saylor, has once again surprised the digital asset market with a new Bitcoin acquisition. This article discusses the company's strategy, Saylor's vision, and market reaction.
Strategy and Relentless Bitcoin Accumulation
According to Form 8-K filed with the SEC, Strategy acquired 6,911 bitcoins between March 17 and 23, 2025. The purchase cost the company $584.1 million, with an average acquisition price of $84,529 per BTC. Strategy’s total Bitcoin holdings now exceed half a million, valued at more than $44 billion.
Saylor's Vision: From First Mover to Market Giant
Strategy holds approximately 2.4% of Bitcoin's 21 million total supply. The company made this significant accumulation in less than five years. Its first purchase of 21,454 BTC was on July 28, 2020, following which Saylor stated that the investment reflects their belief in Bitcoin as a dependable store of value and an attractive investment asset.
Market Reaction and Bitcoin’s Ongoing Surge
Analysts note that Strategy's Bitcoin bet has paid off. Since the first purchase, BTC's price has surged. Currently, Bitcoin trades at $88,550.95, a 4.30% increase in the last 24 hours. Trading volume rose 135.81% to $24.48 billion, likely triggered by Strategy’s recent acquisition.
Strategy's acquisition underscores the company's belief in Bitcoin as a strategic asset and strengthens its position in the digital asset market.