• bitcoinBitcoin (BTC) $ 79,427.00 6.04%
  • ethereumEthereum (ETH) $ 1,575.80 8.68%
  • tetherTether (USDT) $ 0.999634 0.07%
  • xrpXRP (XRP) $ 1.86 10.14%
  • bnbBNB (BNB) $ 558.01 5.79%
  • usd-coinUSDC (USDC) $ 0.999904 0%
  • solanaSolana (SOL) $ 108.74 11.22%
  • dogecoinDogecoin (DOGE) $ 0.149134 12.2%
  • tronTRON (TRX) $ 0.232754 5.01%
  • cardanoCardano (ADA) $ 0.582871 11.81%
  • bitcoinBitcoin (BTC) $ 79,427.00 6.04%
    ethereumEthereum (ETH) $ 1,575.80 8.68%
    tetherTether (USDT) $ 0.999634 0.07%
    xrpXRP (XRP) $ 1.86 10.14%
    bnbBNB (BNB) $ 558.01 5.79%
    usd-coinUSDC (USDC) $ 0.999904 0%
    solanaSolana (SOL) $ 108.74 11.22%
    dogecoinDogecoin (DOGE) $ 0.149134 12.2%
    tronTRON (TRX) $ 0.232754 5.01%
    cardanoCardano (ADA) $ 0.582871 11.81%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 0.53 Gwei

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Strategy's Bitcoin acquisition

Strategy’s Bitcoin acquisition reaches $43B milestone with latest 22,048 BTC purchase

Rami Al-Saadi Rami Al-Saadi

Strategy’s BitcoinClick here for more Details acquisition continues to dominate headlines as the firm expands its holdings past the $43 billion mark.

Between March 24 and March 30, the company acquired 22,048 BTC for approximately $1.92 billion in cash. The average price per bitcoin was $86,969. This latest move brings Strategy’s total holdings to a staggering 528,185 BTC.

The purchase was funded through the sale of class A common stock (MSTR) and perpetual strike preferred stock (STRK). These instruments continue to play a central role in Strategy’s long-term capital plan. In total, the company has spent about $35.63 billion on Bitcoin, with an average acquisition cost of $67,458 per coin.

The company, formerly known as MicroStrategy, now holds over 2.5% of Bitcoin’s entire supply. This aggressive Bitcoin treasury approach is unmatched among publicly traded firms.

Strategy’s BTC bet now tops half a million coins

The latest buy isn’t an isolated move. Just days before this purchase, Strategy acquired 6,911 BTC for $584.1 million. That deal, executed between March 17 and March 23, pushed the company past the historic 500,000 BTC milestone.

Michael Saylor, the firm’s executive chairman and co-founder, has described this plan as part of Strategy’s broader “21/21 plan.” This long-term initiative aims to raise $42 billion in capital for further Bitcoin acquisitions via equity and fixed-income offerings.

The company recently sold 3.6 million MSTR shares for $1.2 billion and 213,807 STRK shares for $18.52 million. It still has $2.37 billion in MSTR and $20.97 billion in STRK available for future sales.

Strategy’s Bitcoin acquisition model influences other firms

Strategy’s Bitcoin acquisition model is now inspiring others to follow suit. GameStop, famous for the 2021 meme stock frenzy, has announced a similar crypto strategy. The retailer plans a $1.3 billion private offering of convertible notes to fund its Bitcoin purchases.

This signals a possible trend: public companies using capital markets to acquire crypto as a treasury reserve. While few have matched Strategy’s scale, the influence of their approach is undeniable.

Strategy remains the undisputed corporate leader in Bitcoin accumulation. As long as BTC remains central to their strategy, the company is likely to stay in the spotlight.

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How much Bitcoin does Strategy currently own?

Strategy, formerly known as MicroStrategy, currently owns 528,185 BTC. These holdings are valued at over $43 billion based on current market prices. The company began accumulating Bitcoin in 2020 and has maintained a consistent strategy of purchasing BTC using proceeds from stock sales and other capital raises. The average purchase price is around $67,458 per bitcoin. This puts Strategy in possession of over 2.5% of Bitcoin’s total capped supply, making it the largest corporate holder of BTC in the world.

How did Strategy fund its recent Bitcoin acquisition?

The company financed its latest 22,048 BTC purchase—worth approximately $1.92 billion—through proceeds from the sale of its class A common stock (MSTR) and its perpetual strike preferred stock (STRK). In just one week, they sold over 3.6 million MSTR shares and more than 213,000 STRK shares. Strategy still has billions of dollars in MSTR and STRK equity available for future Bitcoin acquisitions under its “21/21 plan,” which targets $42 billion in capital for BTC investments.

What is the “21/21 plan” that Strategy is following?

The “21/21 plan” is Strategy’s long-term capital strategy to raise $42 billion through equity and fixed-income offerings specifically to purchase Bitcoin. The number 21 symbolizes Bitcoin’s maximum supply of 21 million coins. This plan reflects Strategy’s deep conviction in Bitcoin as the ultimate long-term store of value. The company has issued both traditional stock and newer preferred instruments like STRK and STRF as tools to continuously build its BTC reserves.

Are other companies adopting a similar Bitcoin strategy?

Yes, Strategy’s high-profile approach has started to influence other firms. Recently, GameStop announced a new initiative to acquire Bitcoin using funds from a $1.3 billion convertible note offering. While Strategy remains unmatched in scale, its actions have paved the way for a new type of corporate treasury management where Bitcoin plays a central role. As more companies explore crypto as a financial hedge or investment, Strategy’s model could become more common in the coming years.

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