Strategy Bitcoin Bag Tops 500,000 BTC After Latest Purchase

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Strategy, the Bitcoin treasury company led by Michael Saylor, has shocked the digital asset market with another purchase. The company recently acquired 6,911 Bitcoin (BTC), adding more to its holdings.

Strategy and Relentless Bitcoin Accumulation

As per its Form 8-K filing with the Securities and Exchange Commission, Strategy acquired Bitcoin between March 17 and 23, 2025. The cash purchase was estimated to cost $584.1 million.

Each Bitcoin purchased costs an average of $84,529 per BTC, including fees and expenses. The recent purchase resulted in an average unrealized profit of about $3,000 per BTC, given that the price of the coin has risen since the huge buy.

This development brings Strategy’s total Bitcoin holdings to over half a million Bitcoin. Strategy currently has 506,137 BTC, which is worth more than $44 billion.

On average, each of Strategy’s Bitcoins was bought for $66,608. This gives a net cost of about $33.7 billion, including fees and other expenses. Hence, Strategy has unrealized profits above $10 billion.

Analysts emphasize that this staggering profit is why Saylor has remained a Bitcoin advocate.

Saylor’s Vision: From First Mover to Market Giant

With this move, Strategy has approximately 2.4% of Bitcoin’s total supply of 21 million. The Bitcoin treasury company is inching closer to having half of Satoshi Nakamoto’s estimated 1.1 million BTC holdings.

Interestingly, Strategy has made this staggering accumulation in less than five years. Strategy, then known as MicroStrategy, became the first listed company to buy Bitcoin as part of its capital allocation move.

Its first purchase was 21,454 BTC on July 28, 2020. According to Saylor, “This investment reflects our belief that Bitcoin is a dependable store of value and an attractive investment asset.”

This belief might have prompted Saylor to urge the U.S. government to acquire between 5% and 25% of the Bitcoin supply.

Market Reaction and Bitcoin’s Ongoing Surge

Market observers maintain that the bet on Bitcoin has paid off for Strategy, given the growth of the asset from 2020 till date.

When Strategy made its first purchase, BTC traded below $10,000. As of this writing, Bitcoin is trading at $88,550.95, a 4.30% increase in the last 24 hours, according to CoinMarketCap data.

Meanwhile, investors are actively transacting, with trading volume currently up by 135.81% to $24.48 billion, a development likely triggered by the Strategy’s recent purchase. 



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