Strategy Buys 3,459 BTC, Tops Public Holdings Chart
Key Takeaways
- Michael Saylor and his company Strategy (formerly MicroStrategy) have purchased 3,459 Bitcoin (BTC) for approximately USD 285.8 million.
- The purchase was financed through the sale of MSTR shares.
- Strategy now holds a total of 531,644 BTC – more than any other publicly traded company.
- The company has an unused capital-raising capacity of USD 37.6 billion for additional BTC purchases.
- The current BTC price is around USD 85,000 – below the 200-day moving average.
Long-Term Strategy Focused on Bitcoin
Michael Saylor has followed a clear strategy for years: positioning Bitcoin as the primary reserve asset. With the latest purchase of 3,459 BTC, Strategy continues to expand its holdings. The acquisition was financed through the sale of company shares (MSTR). The transaction was confirmed in an official filing with the U.S. Securities and Exchange Commission (SEC).
The total number of Bitcoins held now stands at 531,644 BTC. This keeps Strategy as the largest institutional holder of BTC worldwide.
Capital Reserves for Further Purchases
According to its internal financing plan, Strategy intends to allocate a total of USD 42 billion for Bitcoin investments – split equally between USD 21 billion in debt and USD 21 billion in equity sales. So far, approximately USD 4.4 billion has been used. This leaves a theoretical investment capacity of USD 37.6 billion.
This amount could exert renewed pressure on the BTC market in the future – depending on how actively Strategy deploys these funds.
Impact on Bitcoin Price
Analysts believe the recent BTC purchase had an impact on price movements. Over the past week, Bitcoin’s price rose by 7%, temporarily reaching USD 86,000. Currently, the price is around USD 85,000 – below the important 200-day moving average (200DMA), which is often considered a support level in bull markets.
Despite the recent price increase, volatility remains high. Since the end of 2024, BTC has dropped from USD 109,000 to a low of USD 74,000, before stabilizing above the USD 70,000 mark.
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Unrealized Gains Under Pressure
Due to the price declines, Strategy’s unrealized gains have significantly decreased. While the company reported approximately USD 19 billion in unrealized profit at the end of 2024, that figure has now dropped to around USD 9 billion – a decline of roughly USD 10 billion.
The MSTR stock has also felt the impact. Since November 2024, the share price has been in a downward trend. However, over the past two months, a local bottom formed around USD 230, followed by a recovery to as much as USD 330. A sustained breakout above the current resistance level could bring renewed momentum.
Our Assessment
Michael Saylor remains committed to his strategy: for him, Bitcoin is a long-term store of value. The ongoing purchases highlight continued confidence in the cryptocurrency – despite short-term price fluctuations.
For you as an investor or observer, it’s important to note: such large-scale investments can influence short-term price movements, but more importantly, they signal growing institutional interest. Strategy’s significant remaining investment capacity could drive further market activity in the coming months.
Over the long term, Bitcoin remains a speculative but increasingly accepted asset. Anyone investing should be aware of the risks – but also recognize the potential.
Sources
- CryptoQuant
- TradingView
| Symbol | BTC |
| Coin type | Alt Coin |
| Transaction Speed | Slow |
| Pros |
|
| Cons |
|
| Further practical applications | |
| Price | $95,163.00 |
| 24h % | 2.00 % |
| 7d % | 12.49 % |
| 30d % | 10.38 % |
| 60d % | 1.09 % |
| 1y % | 47.08 % |
| Market Cap | $1,890,859,446,051.00 |
| Max. Supply | 21,000,000.00 |
| Official Links | Website | Whitepaper | Source Code |
| Socials | Reddit | X | Message Board |
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