Michael Saylor’s company, Strategy, has officially become the first publicly traded firm to hold more than 500,000 Bitcoin. Between March 17 and March 23, 2025, the company purchased an additional 6,911 BTC for approximately $584.1 million, with an average price of $84,529 per coin.
A Landmark Bitcoin Milestone
This latest acquisition pushes Strategy’s total Bitcoin holdings to 506,137 BTC. The company has spent around $33.7 billion in total to build this position, at an average cost of $66,608 per Bitcoin.
With Bitcoin’s current price, those holdings are now valued at over $44 billion. giving the company a significant unrealized profit and marking a 7.7% return so far in 2025.
Strategy’s Bitcoin stash represents roughly 2.4% of the total supply of Bitcoin, highlighting the company’s strong belief in the long-term value of the cryptocurrency.
To support this massive buy, Strategy raised over $700 million through the sale of perpetual strife preferred stock just a week before the acquisition. This funding method allowed the company to secure new capital without immediately diluting its common shares or taking on traditional debt.