Catenaa, Saturday, April 05, 2025- Bitcoin-focused firm Strategy has purchased 22,048 BTC for approximately $1.92 billion, according to an SEC filing.
The acquisitions took place between March 24 and March 30 at an average price of $86,969 per bitcoin.
This latest purchase brings Strategy’s total holdings to 528,185 BTC, valued at over $43 billion. The company has spent roughly $35.63 billion on bitcoin acquisitions, averaging $67,458 per BTC.
The firm used proceeds from its stock offerings to fund the purchases. Last week, Strategy sold 3.64 million MSTR shares, raising $1.2 billion, and issued 213,807 STRK preferred stock shares, raising $18.52 million. The company still has $2.37 billion in MSTR shares and $20.97 billion in STRK shares available for future sales.
Strategy continues to follow its aggressive bitcoin acquisition strategy. Previously, it bought 6,911 BTC for $584.1 million between March 17 and March 23.
Analysts at Bernstein predict the firm could surpass 1 million BTC holdings by 2033, expecting bitcoin to hit $1 million.
Meanwhile, Japanese firm Metaplanet issued $13.3 million in zero-interest bonds to fund bitcoin purchases, increasing its reserves to 3,200 BTC.
Despite this move, Metaplanet’s stock fell over 9%, mirroring a 4% drop in Japan’s Nikkei 225 index. Market experts suggest US tariff concerns and global economic uncertainty are influencing investor sentiment.
