Strategy Purchases 130 BTC, Nears 500K Bitcoin Milestone #CriptoNews

Strategy, the world’s largest corporate Bitcoin holder, has made another significant addition to its vast Bitcoin portfolio. On Monday, March 17, the company declared it had purchased 130 BTC for $10.7 million, making this the latest in a series of Bitcoin acquisitions that have helped the firm amass an extraordinary amount of the digital asset.

The 130 BTC were acquired between March 10 and March 16, with an average price of $82,981 per Bitcoin, including all associated fees and expenses. With this purchase, Strategy’s total Bitcoin holdings now stand at 499,226 BTC, valued at approximately $33.1 billion, and an average purchase price of $66,360 per Bitcoin. While the firm is just shy of reaching the much-anticipated milestone of 500,000 BTC, it is already holding a significant portion—nearly 2.4%—of the total supply of 21 million Bitcoin in circulation.

Funding Strategy’s Bitcoin Purchases

To fund this latest Bitcoin purchase, Strategy leveraged its preferred stock offering, STRK. The firm sold 123,000 shares of STRK, raising part of the funds necessary to make the purchase. This move is part of Strategy’s broader plan to raise $21 billion by selling 8% of its STRK shares, as outlined in a March 10 declaration. Following the sale, the company still has approximately $20.99 billion in STRK shares available for future sales.

Strategy’s Bitcoin purchasing spree isn’t just a one-time event—it is part of a long-term strategy. The company plans to acquire up to $42 billion worth of Bitcoin by 2027, continuing to build its already massive Bitcoin reserves. This approach is consistent with the vision of Strategy’s Chairman, Michael Saylor, who has repeatedly emphasized his belief in Bitcoin as a cornerstone asset for the future.

Saylor’s Vision: A Call for U.S. Government Action

Saylor, who has been an outspoken advocate for Bitcoin, has even proposed that the U.S. government adopt a similar strategy to Strategy’s. He believes that the U.S. could use Bitcoin to reduce national debt and generate capital, much as his company has done. This concept of Bitcoin as a reserve asset for governments has been gaining attention, as more institutional investors and corporations take an interest in holding Bitcoin as part of their long-term investment strategies.

Strategy’s Confidence in Bitcoin Despite Market Volatility

While Bitcoin has faced significant price volatility in recent months, Strategy has shown no signs of backing down. Despite Bitcoin’s 24% decline from its January 2025 all-time high of $109,600, the company continues to see long-term value in the cryptocurrency. As of the latest reports, Bitcoin is trading at approximately $83,300, still far below its peak price.

This commitment to Bitcoin despite market downturns speaks to Strategy’s confidence in the cryptocurrency’s future potential. While short-term fluctuations can be disconcerting, the company remains focused on its goal of acquiring Bitcoin at a pace that will help secure its position as the largest corporate holder of the asset.

The Future of Strategy’s Bitcoin Holdings

With over 499,000 BTC in its portfolio, Strategy is poised to become one of the dominant players in the Bitcoin ecosystem. Its holdings could play a significant role in the broader market as institutional investors continue to take notice of corporate Bitcoin strategies. As Bitcoin’s role in the global financial system evolves, Strategy’s early and continued investment in the digital asset could prove to be a crucial part of the firm’s future success.

In conclusion, Strategy’s recent purchase of 130 BTC brings the firm one step closer to its goal of reaching 500,000 BTC. With its long-term plan to acquire $42 billion worth of Bitcoin by 2027, the company remains committed to its Bitcoin strategy despite market fluctuations. As more companies and institutional investors follow suit, the global Bitcoin landscape could shift dramatically in the coming years.

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