Strategy Added 6.9K Bitcoin for $584M, Bringing Stack to 506K Tokens

BTC $ 87,540.14 + 3.28 % ETH $ 2,089.08 + 3.98 % USDT $ 1.0002 + 0.02 % XRP $ 2.4560 + 2.09 % BNB $ 629.94 + 1.07 % SOL $ 143.52 + 7.69 % USDC $ 1.0000 + 0.00 % ADA $ 0.7328 + 3.26 % DOGE $ 0.1770 + 3.53 % TRX $ 0.2281 - 2.77 % WBTC $ 87,464.03 + 3.18 % LINK $ 15.27 + 6.33 % TON $ 3.6880 + 0.02 % LEO $ 9.7522 + 0.07 % AVAX $ 21.70 + 10.88 % XLM $ 0.2895 + 3.53 % HBAR $ 0.1930 + 5.05 % SHIB $ 0.0₄1330 + 2.48 % SUI $ 2.4070 + 6.06 % LTC $ 93.76 + 1.89 % Ad Sign Up News Back to menu News Prices Back to menu Prices Data Back to menu Data Trade Data Derivatives Order Book Data On-Chain Data API Research & Insights Data Catalogue AI & Machine Learning Indices Back to menu Indices Multi-Asset Indices Reference Rates Strategies and Services API Insights & Announcements Documentation & Governance Research Back to menu Research Consensus Back to menu Consensus Sponsored Back to menu Sponsored Videos Back to menu Videos CoinDesk Daily Shorts Editor's Picks Podcasts Back to menu Podcasts CoinDesk Podcast Network Markets Daily Gen C Unchained with Laura Shin The Mining Pod Newsletters Back to menu Newsletters The Node Crypto Daybook Americas State of Crypto Crypto Long & Short Crypto for Advisors Research Back to menu Research Webinars & Events Back to menu Webinars & Events Consensus 2025 Policy & Regulation Conference Sponsored Back to menu Sponsored Thought Leadership Press Releases CoinW MEXC Phemex Advertise News Sections Back to menu News Sections Markets Finance Tech Policy Focus English Select Language English en Español es Filipino fil Français fr Italiano it Português pt-br Русский ru Українська uk News Prices Data Indices Research Consensus Sponsored Sign In Sign Up Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy Added 6.9K Bitcoin for $584M, Bringing Stack to 506K Tokens The company used proceeds from the sale of common stock for this latest purchase. By James Van Straten | Edited by Sheldon Reback , Stephen Alpher Mar 24, 2025, 12:18 p.m. UTC Strategy CEO Michael Saylor at the Digital Asset Summit in New York City on March 20, 2025. (Nikhilesh De) What to know : Strategy acquired another 6,911 bitcoin over the past week at an average cost of $84,529 each. Funds for the additional purchases came from the sale of common stock. The company now holds 506,137 bitcoin purchased at an average price of $66,608 each. Michael Saylor-led Stategy (MSTR) brought its bitcoin stake above 500,000 tokens with additional purchases made last week. The company purchased 6,911 bitcoin for $584.1 million, or an average cost of $84,529 per token, according to a filing Monday morning. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto for Advisors Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms of use and privacy policy . That brought the company's holdings to 506,137 BTC acquired for $33.7 billion, or an average cost of $66,608 each. Strategy funded this latest acquisition via the sale of 1.975 million shares of common stock, which raised $592.6 million. The company's latest preferred stock offering, $711 million of STRK, only priced late last week. To date, Strategy has sold 13,100 shares, raising $1.1 million, according to the filing. MSTR is higher by 4.8% in premarket trading alongside a rally in bitcoin over the weekend to above $87,000. MicroStrategy Bitcoin James Van Straten James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin's role within the broader financial system. In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin, MicroStrategy (MSTR), and Semler Scientific (SMLR). X icon About About Us Masthead Careers CoinDesk News Crypto API Documentation Contact Contact Us Accessibility Advertise Sitemap System Status DISCLOSURE & POLICES CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies . CoinDesk has adopted a set of principles aimed at ensuring the integrity, editorial independence and freedom from bias of its publications. CoinDesk is part of the Bullish group, which owns and invests in digital asset businesses and digital assets. CoinDesk employees, including journalists, may receive Bullish group equity-based compensation. Bullish was incubated by technology investor Block.one. Ethics Privacy Terms of Use Cookie Consent Do Not Sell My Info © 2025 CoinDesk, Inc. X icon