Michael Saylor’s Strategy, formerly known as MicroStrategy, acquired 22,048 Bitcoin worth $1.92 billion in a single purchase on March 31, 2025, reinforcing its position as the largest corporate holder of the cryptocurrency. The transaction, executed at an average price of $86,969 per Bitcoin, was partly funded by a $1.2 billion equity raise through the sale of 3.6 million shares. This latest acquisition brings Strategy’s total Bitcoin reserves to 528,185 BTC, valued at over $43 billion based on current market prices.
The company’s aggressive accumulation strategy has now amassed an unrealized profit of $7.7 billion, reflecting a 21% gain. Strategy’s average purchase price stands at $67,458 per Bitcoin, showcasing its long-term commitment to leveraging cryptocurrency as a treasury asset. Following the announcement, Bitcoin’s price surged from $86,000 to $88,500 within hours, while trading volumes on major exchanges like Binance and Coinbase spiked 300% to 15,000 BTC. Ethereum also saw a 5% price increase to $3,500, buoyed by broader market optimism.
Michael Saylor hinted at further acquisitions earlier in March with a cryptic “Needs more orange” social media post, signaling plans to push holdings beyond 500,000 BTC. Analysts speculate that Strategy’s access to low-cost capital through equity and debt offerings positions it to continue buying during price dips, despite rising market uncertainties. The firm’s approach, however, carries risks tied to Bitcoin’s volatility and potential liquidity challenges if prices decline sharply.
The purchase came amid heightened anticipation of U.S. President Donald Trump’s April 2 tariff policy announcement, which some fear could pressure risk assets like Bitcoin. Despite this, Strategy’s move underscores institutional confidence in Bitcoin’s long-term value as a hedge against fiat currency inflation. Andrei Grachev of DWF Labs noted that short-term market reactions to macro events often overlook Bitcoin’s robust fundamentals, describing the recent dip as a “healthy reset” rather than a trend reversal.
Sources:
https://blockchain.news/flashnews/michael-saylor-s-strategy-acquires-22-048-bitcoin-worth-1-92-billion
https://www.fxstreet.com/cryptocurrencies/news/michael-saylor-buys-another-2b-btc-after-presenting-81-trillion-bitcoin-strategic-reserve-plan-to-sec-202502242305
https://www.binance.com/en/square/post/21997405840778
https://cointelegraph.com/news/strategy-buys-2-billion-bitcoin-ahead-trump-tariffs
https://coinmarketcap.com/academy/article/330a42be-aef9-415e-a714-5c6602e994ae
Michael Saylor’s ‘Strategy’ Buys 22,048 Bitcoin Worth $1.92 Billion
