MicroStrategy now holds over 500,000 Bitcoin after $584M purchase

MicroStrategy, now rebranded as "Strategy," has solidified its position as the largest corporate holder of Bitcoin by surpassing 500,000 BTC in total holdings.

Recently, the company acquired an additional 6,911 BTC for a staggering $584 million between March 17 and March 23, 2025.

This latest purchase elevates their total Bitcoin holdings to 506,137 BTC, which is currently valued at approximately $42.8 billion.

The average purchase price for this batch was $84,529 per Bitcoin.

Strategy strategically financed this acquisition through funds raised from stock sale programs, underscoring its commitment to viewing Bitcoin as a primary treasury reserve asset.

This significant investment reflects the company's enduring confidence in the cryptocurrency market and its long-term potential for growth.