Strategy Buys $2 Billion in Bitcoin, Mirroring Size of February Purchase
March 31, 2025
Strategy said on Monday that it had recently acquired $1.92 billion worth of Bitcoin, representing the third straight week that the software firm has disclosed purchasing the asset.
After scooping up around 22,000 Bitcoin at an average price of $87,000 per coin, the firm said it now holds 528,185 Bitcoin veiled at $35.6 billion, according to a press release.
The Tysons, Virginia-based firm said that it had meanwhile raised $1.2 billion by selling common stock through an at-the-money program unveiled in October, and $1.85 million through the sale of “STRK” perpetual preferred stock, a product introduced in January.
Strategy is authorized to sell $21 billion worth of the Nasdaq-listed product, which features an 8% cumulative dividend that’s payable in either cash or Class A shares. As of Sunday, the company can still issue $20.97 billion worth of its preferred stock. On-chain prediction market Myriad, a unit of Decrypt’s parent company DASTAN, forecast a more than 92% probability that Strategy would purchase more Bitcoin during the week starting March 24.
Strategy’s stock price fell more than 3% when markets opened on Monday, dropping below $274, according to Nasdaq, but the stock regained lost ground and was in positive territory more recently.
The price of STRK also fell to $86.26 on Monday morning Eastern Time. Just over a week ago, the product, which began trading in late February, hit an all-time low of $82.
Risk assets, including Bitcoin, have wavered amid U.S. President Donald Trump’s trade war. As tensions continued running high ahead of a key tariff deadline, the asset’s price slid as low as $81,350, according to the crypto data provider CoinGecko.
The average Bitcoin price that Strategy paid for its recent acquisition is higher than a week prior, when the company said it had bought $584 million worth of Bitcoin around $84,500 per coin.
Strategy’s Bitcoin-buying activity has been heating up for the past three weeks, but it stopped stockpiling the assets for several weeks starting in February, according to Saylor Tracker.
The company purchased around 20,350 Bitcoin over a month ago, paying an average price of $97,500 per Bitcoin. The company’s most recent acquisition nearly eclipsed that buy in terms of the dollar amount spent, falling shy by $70 million.
Edited by James Rubin
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