Yigit Taha OZTURK 
In another major move in the cryptocurrency space, MicroStrategy, now officially rebranded as Strategy, has announced the acquisition of 6,911 Bitcoin between March 17 and 23. The purchase, valued at $584 million, brings the company’s total Bitcoin holdings to a staggering 506,137 BTC.
A Milestone Beyond 500,000 BTC
According to the press release, Strategy acquired the 6,911 BTC at an average price of $84,529 per coin. With this latest purchase, the company’s total Bitcoin investment has reached $33.7 billion, averaging $66,608 per BTC.
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Strategy continues to hold the record as the public company with the largest Bitcoin holdings. Its current stash of 506,137 BTC represents more than 2% of Bitcoin’s total circulating supply. The company has also reported a 7.7% year-to-date return on its Bitcoin investments.
Recent Funding to Fuel More BTC Purchases
Just days prior to this acquisition, Strategy announced that it had raised $722 million, with a significant portion earmarked for further Bitcoin purchases. The firm also revealed its plans to raise up to $21 billion to accelerate its Bitcoin treasury strategy, cementing its position as a dominant force in institutional Bitcoin adoption.
Investors and analysts alike are closely watching Strategy’s aggressive moves in the market, speculating on how its vast Bitcoin holdings could shape future trends.
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