Strategy, formerly known as MicroStrategy, has continued its aggressive Bitcoin accumulation, acquiring an additional 130 BTC for approximately $10.7 million.
This latest purchase underscores the company’s ongoing commitment to its Bitcoin strategy.
As of March 16, 2025, Strategy and its subsidiaries hold a total of approximately 499,226 BTC.
The firm’s total Bitcoin investment stands at around $33.1 billion, with an average purchase price of roughly $66,360 per BTC, including fees and expenses.
Despite market fluctuations, Strategy remains one of the largest institutional holders of Bitcoin, consistently increasing its holdings over time.
U.S. Bitcoin exchange-traded funds (ETFs) have experienced their most extended period of withdrawals since launching in January 2024, with over $5.5 billion in outflows over the past five weeks.
South Korea’s central bank has ruled out adding Bitcoin to its national reserves, citing its extreme volatility as a key concern, according to a report by Korea Economic TV.
Bitcoin is struggling to break past $84,000, and with the U.S. stock market facing a sharp correction, bearish predictions are mounting.
A major Bitcoin investor has placed a high-stakes bet on a short-term price drop, committing hundreds of millions of dollars just as a crucial week of economic reports looms.