Software intelligence firm Strategy adds to Bitcoin holdings
Software intelligence firm Strategy, formerly MicroStrategy, has once again added more Bitcoin to its BTC holdings. Data shared by crypto analyst Onchain Lens shows that MicroStrategy has purchased 6,911 BTC worth $584.1 million at an average price of $84,529 per Bitcoin.
Just in: Strategy (prev. #MicroStrategy) has bought 6,911 $BTC for $584.1M at an average price of $84,529 per #Bitcoin.
They now hold 506,137 $BTC, bought for a total of approximately $33.7B at an average price of $66,608 per #Bitcoin. pic.twitter.com/m5xuRf6IiL — Onchain Lens (@OnchainLens) March 24, 2025
MicroStrategy adds 6,911 BTC
According to the announcement made today, March 24, MicroStrategy purchased 6,911 BTC for $584.1 million between March 17 and 23, 2025. The company financed its latest purchase through the sale of 1.975 million shares of ordinary equity, which raised a total of $592.6 million.
Data shows that MicroStrategy now holds 506,137 BTC, purchased for a total of approximately $33.7 billion at an average price of $66,608 per Bitcoin. The purchase reinforces the firm as the company that holds the largest amounts of Bitcoin worldwide.
Bitcoin and the digital asset revolution
Since Michael Saylor converted his software firm MicroStrategy into a Bitcoin-driven company, global investors have been keenly following the company’s activity. The firm’s bold Bitcoin accumulation strategy has been demonstrated to be a viable approach to sustain growth.
MicroStrategy’s stock has become increasingly interconnected with BTC price movements in terms of short-term volatility. Based on year-to-date outlook, the company stocks see incredible growth – registered over 500% YoY in value, substantially outperforming both crypto trading platforms and traditional tech stocks.
Meanwhile, Saylor, MicroStrategy chairman, continues pushing for wider BTC adoption among big firms. He recently suggested that Microsoft could add an additional $4 trillion on top of its market valuation through BTC adoption.
MicroStrategy’s BTC holdings have expanded alongside Saylor’s influence in the corporate industry. Many corporate leaders view the firm as a blueprint for cryptocurrency inclusion into company investment strategies. Thanks to MicroStrategy’s approach to BTC investment, many traditional investors gained interest in understanding the role of crypto in corporate financial management. This tactical positioning has shifted MicroStrategy from a traditional software intelligence company into a Bitcoin investment instrument, besides the firm operating its organizational functions.