Michael Saylor Stays Bullish As Strategy Buys $584,000,000 in Bitcoin, Pushing Holdings to 2% of Supply

Strategy, formerly MicroStrategy, is announcing the acquisition of nearly 7,000 more Bitcoin (BTC) worth approximately $584 million.

In a new post to the social media platform X, Strategy says it now owns over 500,000 BTC.

“Strategy has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of 7.7% YTD 2025. As of 3/23/2025, we hodl 506,137 BTC acquired for ~$33.7 billion at ~$66,608 per bitcoin.”

According to data from BitcoinTreasuries.net, Strategy now owns over 2% of the global circulating BTC supply.

Other top holders include US firms MARA Holdings, Riot Platforms, Tesla, and Coinbase – all adding up to less than 1% of the Bitcoin supply.

Two weeks ago, Strategy’s executive chairman, Michael Saylor, doubled down on BTC during the market crash, announcing a $21 billion stock sale to buy more of the flagship crypto asset.

According to the announcement, the funds will be allocated for general corporate purposes, including acquiring additional Bitcoin.

Strategy says the stock sale, part of Strategy’s “21/21 plan,” aims to raise capital through the issuance of 8% Series A Perpetual Strike Preferred Stock.

The issuance of perpetual preferred stock aims to allow Strategy to raise significant capital without committing to a repayment timeline, as these shares don’t have a maturity date.

While speaking at the Conservative Political Action Conference (CPAC) during the same week, Saylor said that BTC was “digital property” and an important tool for the US to “own cyberspace” in the future.

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