MicroStrategy Buys 130 Bitcoin for $10.7 Million, Smallest Purchase on Record
1min read MicroStrategy, the world's largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record. On March 17, the company acquired 130 Bitcoin (BTC) for approximately $10.7 million in cash, at an average price of roughly $82,981 per BTC. This purchase was made using proceeds from the “STRK ATM,” a new program aimed at raising up to $21 billion in fresh capital to acquire more BTC.
The latest acquisition is the smallest since the company's first purchase of 21,454 BTC for $250 million in August 2020. With this new purchase, microstrategy and its subsidiaries now hold 499,226 BTC, acquired at an aggregate purchase price of approximately $33.1 billion and an average purchase price of around $66,360 per BTC, inclusive of fees and expenses. The company is now 774 BTC away from holding 500,000 BTC.
Despite the Bitcoin price falling to multimonth lows below $80,000 last week, MicroStrategy's latest buy is significantly smaller than its most recent purchases. Prior to this, the smallest BTC purchase by MicroStrategy was a 169 Bitcoin acquisition in August 2024. So far in 2025, MicroStrategy has acquired 51,656 BTC in seven announced acquisitions.
MicroStrategy's Bitcoin yield currently stands at 6.9%, significantly lower than its 15% target for 2025. This purchase underscores the company's unwavering belief in Bitcoin as a long-term investment, despite market fluctuations. The company's holdings are managed by MicroStrategy, reflecting the corporate strategy rather than individual decisions. Michael Saylor, the executive chairman, plays a key role in shaping the company's investment decisions, which have often been aligned with his personal views on Bitcoin.
Saylor's optimistic outlook on Bitcoin is not without its critics. Some experts predict explosive growth for Bitcoin, with projections suggesting that the value of Bitcoin could reach significant heights in the future. Saylor himself has countered these projections, stating that they might be too conservative. His vision for Bitcoin's future is one of continued growth and widespread adoption, a sentiment that resonates with many in the crypto community.
This recent purchase by MicroStrategy is a strategic move that aligns with Saylor's long-term vision for Bitcoin. Despite the current market conditions, MicroStrategy's strategy remains focused on accumulating more Bitcoin, believing that the cryptocurrency will continue to grow in value over time. This approach has been consistent with MicroStrategy's investment strategy, which has seen the company become one of the largest corporate holders of Bitcoin.
