MicroStrategy’s latest Bitcoin buy is tiny as BTC fights to regain footing #CriptoNews

Business intelligence firm Strategy, formerly known as MicroStrategy, has added 130 Bitcoin to its holdings, purchasing them for $10.7 million at an average price of $82,981 per BTC between March 10 and March 16.

According to the company’s latest SEC filing, the acquisition was funded through the sale of 123,000 shares of its 8.00% Series A perpetual strike preferred stock (STRK), generating approximately $10.7 million in net proceeds. Strategy confirmed that no Class A common stock was sold during the period.

Class A common stock refers to a type of equity ownership in a company that typically grants shareholders voting rights and a claim on company earnings. It is one of the most common forms of stock issued by publicly traded companies and represents partial ownership in the business.

In Strategy’s case, the company did not sell Class A common stock to raise funds for its latest Bitcoin purchase. Instead, it sold preferred stock (STRK shares), which function more like bonds, paying an 8% yield to investors. This distinction is crucial because issuing more Class A shares would dilute the voting power of existing shareholders, including co-founder Michael Saylor, who holds a significant stake.

As of March 16, the company holds 499,226 BTC, worth around $41.6 billion at current prices. Strategy’s co-founder and executive chairman Michael Saylor said the firm acquired its total Bitcoin stash for approximately $33.1 billion at an average price of $66,360 per BTC, including fees and expenses. This means Strategy now controls more than 2% of Bitcoin’s fixed 21 million supply.

“Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025,” Saylor posted on X.

Shares of Strategy is trading slightly lower in pre-market action.