Strategy's Massive Bitcoin Acquisition Nears 500,000 BTC Milestone

By: Eliza Bennet

Strategy, formerly known as MicroStrategy, has made a significant move in the Bitcoin market, drawing closer to the landmark of owning half a million Bitcoins. In its latest acquisition, the firm has added 20,356 BTC to its portfolio, marking one of its most substantial purchases of 2025. This addition, valued at nearly $1.99 billion, was disclosed in a recent filing with the U.S. Securities and Exchange Commission (SEC). The investment underscores Strategy's commitment to its ambitious Bitcoin accumulation strategy.

With this latest transaction, Strategy's total Bitcoin holdings now stand at 499,096 BTC, a collection currently valued at over $47 billion. Since its initial foray into the Bitcoin market, the company has invested approximately $33.1 billion, inclusive of fees. The cost per Bitcoin across all its acquisitions averages at $66,357. This massive accumulation is a testament to Strategy’s aggressive and bullish stance on Bitcoin.

The acquisition was strategically financed through a $2 billion zero-coupon convertible note offering, highlighting how Strategy harnesses innovative financial instruments to bolster its cryptocurrency asset base. Investors in this round were also offered an option to purchase an additional $300 million in notes, further illustrating the robust demand and confidence in Strategy's forward-looking Bitcoin strategy.

Under the leadership of Michael Saylor, the company has seen a notable gain early in the year. From January to late February, Strategy reported a 6.9% yield on their Bitcoin holdings, translating to a valuation increase exceeding $2.9 billion. Such figures illustrate the potential returns of a long-term investment in cryptocurrency, particularly in a market environment that remains ever-evolving and competitive.