Strategy Acquires 22,048 More Bitcoin For $1.92 Billion, Bringing Total Holdings To 528,185 BTC

Strategy Incorporated MSTR on Monday announced it has significantly expanded its cryptocurrency portfolio by acquiring 22,048 Bitcoin BTC/USD for $1.92 billion between March 24 and March 30 at an average price of $86,969 per BTC.

What Happened: As of March 30, the company now holds a total of 528,185 BTC, purchased at an average cost of $67,458 per coin, amounting to a total investment of approximately $35.63 billion.

This acquisition reinforces Strategy's position as the largest corporate holder of Bitcoin, a title it has maintained through consistent investments in the digital asset.

The purchase was funded through Strategy's at-the-market (ATM) offering programs, as detailed in a Form 8-K filing with the U.S. Securities and Exchange Commission on March 31.

During the same period, the company sold 3,645,528 shares of its Class A common stock (MSTR), generating net proceeds of $1.20 billion.

Additionally, Strategy sold 213,807 shares of its 8.00% Series A Perpetual Strike Preferred Stock (STRK), raising $18.52 million.

Also Read: Bitcoin Crashes Below $84,000, But Here’s Why Experts Expect ‘Stronger Sentiment’ Soon

Why It Matters: These sales are part of two ATM programs established to support the company's Bitcoin acquisition strategy: the Common ATM program, launched on Oct. 30, 2024, with a total size of $21 billion, and the STRK ATM program, initiated on March 10, also valued at $21 billion.

Strategy's aggressive Bitcoin investment strategy aligns with its broader "21/21 Plan," which aims to raise $42 billion between 2025 and 2027—split evenly between equity and fixed-income securities—to fund further Bitcoin purchases.

The company has already made significant progress, having raised $20 billion of this target by early 2025.

"Our focus remains to increase value generated to our shareholders by leveraging the digital transformation of capital," said Phong Le, President and CEO of Strategy, in a previous financial release.

Meanwhile, other corporations are also intensifying their Bitcoin investments.

The Trump family, through American Data Centers, recently partnered with Hut 8 to form American Bitcoin, aiming to become the world's largest Bitcoin miner with a 20% stake in the venture.

Similarly, Metaplanet Inc., a Japanese firm, announced on March 31, 2025, via its X account.

Strategy's latest Bitcoin purchase comes amid a volatile market, with its stock MSTR facing bearish pressure.

The stock was trading at around $282 in pre-market trading on Monday, down about 2.5%, influenced by Bitcoin's price fluctuations and broader market challenges, including sell-offs linked to U.S. tariffs.

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