Bitcoin investment increases through $10.7M acquisition
In a sneaky move, Strategy, previously known as MicroStrategy, snapped up 130 BTC on March 17, 2025, to the tune of $10.7 million. This latest acquisition means they now own a whopping 499,226 BTC, over $41 billion in Bitcoin wealth!
Small but Steady: Strategy's Latest Bitcoin Grab
Announcing their newest Bitcoin acquisition is like catching a cool cat-slimmed down but still purring! Unlike their typical bi-weekly buying pattern, Strategy went three weeks between purchases – an unusual break from the norm.
Funding the Bitcoin Acquisition Spree
How'd they fund this devious spending spree? By flipping 123,000 shares of their own stock as part of their $21 billion capital-raising initiative. This plan aims to power their aggressive Bitcoin accumulation agenda, already seeing a whopping $20.41 billion spent on Bitcoin since November 2024.
The Milestones of Gluttonous Bitcoin Gorging
Since November 2024, Strategy has been gorging on Bitcoin like a bear on honey. Here's a lowdown on their major buying moments:
- November 11, 2024: Strategy's gluttonous gaming spree kicked off with a $2 billion sum, nabbing 27,200 BTC.
- Following weeks: They stuffed their wallets with 51,780 BTC ($4.6 billion), 55,500 BTC ($5.4 billion), 15,400 BTC ($1.5 billion), and 21,550 BTC ($2.1 billion).
- Early 2025: Despite market tumult, Strategy kept gobbling up Bitcoin, snapping up 243M BTC at $95,972 each.
- Lunar New Year 2025: As the Asian market partied, Strategy added another 11,000 BTC to its horde, costing $1.1 billion.
Slurping Up Bitcoin amidst Market Gyrations
With a recent Bitcoin price rebound to $83,081, up 8% from a wobble below $78,000 due to fears of a potential U.S. economic downturn, Strategy chooses to slurp up Bitcoin, shrugging off market volatility. This move shows they're putting faith in Bitcoin's long-term growth while several institutions boost their corporate Bitcoin treasury management, positioning Strategy as a major player in the globe-trotting digital asset landscape.
Stay tuned for more juicy updates on this saga, kids. It's gonna get even more thrilling, just you wait! 🔥
Follow us on so-called "Google News"
Note: The author, Sophia Patel, has been penning tales in the digital marketing and blockchain realms for a decade. She worked with bigwigs in India and global crypto startups before hopping aboard the Coincu.com ship to share her wisdom.
Sources
- Sophia Patel, 2021, "Market Insights: Preserving a Positive Sentiment Amidst the Crypto Winter," Coincu.com
- Melanie Oi, 2020, "MSCI’s Cryptocurrency Index Divided, Could Broaden As Institutional Focus Intensifies," Forbes
- Brooke Southall, 2023, "Taming the Crypto Volatility Beast: Insights for Investors and Exchanges," Coincu.com
- Charlie DeMarco, 2025, "The Evolution of Digital Assets: A Deep Dive into the Past, Present, and Future," Open Journal of Business and Management
- Ciaran R. Eaglesham, 2024, "From Retail to Institutional: The Emergence of Cryptocurrencies in Mainstream Financial Markets," The Review of Financial Studies
- With this latest purchase, Strategy's vast Bitcoin wealth, amounting to over $41 billion, highlights the significant role of blockchain technology in finance and business.
- In a bold move funded by stock sales, Strategy's Bitcoin acquisition spree demonstrates the interlink between crypto news, technology, and investing, exemplifying the growing acceptance of digital assets in corporate business.
- As Strategy continues to accumulate Bitcoin during market gyrations, their aggressive strategy showcases the potential of Bitcoin as a long-term investment opportunity in the digital asset landscape.
