As Bitcoin wobbles around $80,000, Michael Saylor’s corporate giant makes waves with a cryptic crypto plan. The firm’s latest action hints at shifting tactics, leaving analysts speculating about its next play.
Strategy Adds Modest 130 BTC to Holdings
Strategy, led by Bitcoin preacher Michael Saylor, quietly acquired 130 BTC for $10.7 million last week. The purchase, averaging $82,981 per Bitcoin, marks its smallest since 2020.
According to a March 17 SEC filing, the firm executed trades between March 10 and 16. Meanwhile, Bitcoin’s price struggles near multi-month lows, contrasting Strategy’s typically aggressive buying habits.
Acquisition Funded by Preferred Stock Sale
The company financed the purchase by selling 123,000 preferred shares (STRK), netting $10.7 million. This move aligns with its broader $21 billion capital-raising initiative announced earlier in March. Furthermore, Strategy plans to leverage stock sales and securities to fund Bitcoin acquisitions through 2027, targeting a staggering $42 billion raise. Historically, the firm has relied heavily on equity to fuel its crypto strategy.
Bitcoin Holdings Near 500,000 Milestone
With 499,226 BTC now in its treasury, Strategy inches closer to the symbolic 500,000 milestone. The company needs just 774 more Bitcoin to hit the mark. To date, its total investment spans $33.1 billion, averaging $66,360 per BTC including fees. At current prices, its holdings value nears $41.6 billion. Despite market turbulence, the firm’s conviction remains unshaken, yet its recent cautious buy raises eyebrows.
Saylor: “A Historic Entry Point”
Speaking at a Miami conference, Saylor doubled down on Bitcoin’s long-term potential. “This is a historic entry point,” he declared, citing Wall Street and government adoption as tailwinds. However, he acknowledged short-term macroeconomic fears, stating, “We’re in a risk-off zone… Bitcoin will rip forward with a vengeance.” Despite his optimism, Strategy’s stock dipped 3.7% to $286.52, reflecting investor skepticism. Year to date, shares show minimal movement.
Smallest Buy on Record
Last week’s 130-BTC purchase shattered Strategy’s previous low of 169 BTC in August 2024. So far in 2025, the firm has snapped up 51,656 BTC across seven transactions. Yet its Bitcoin yield sits at 6.9%, far below its 15% year-end target.
The muted buying coincides with Bitcoin’s slide below $80,000, a rarity for a company known for “buying the dip.”
Strategy’s “BTC $Gain” Indicator 74% Away from Targets
Strategy’s Bitcoin investments have generated a $2.6 billion gain in 2025, trailing its $10 billion goal by 74%. The metric, tracking dollar-denominated BTC profits, faces pressure as prices lag.
Last year, the firm notched a $13.8 billion gain with a 74% yield, showcasing Bitcoin’s volatility. To hit 2025 targets, Bitcoin’s price must surge or Strategy must accelerate purchases.
A Calculated Pivot or Temporary Pause?
Strategy’s latest move defies its reputation for relentless accumulation. While Saylor champions Bitcoin’s future, the firm’s tempered approach signals caution amid macroeconomic uncertainty.
Whether this marks a strategic shift or a fleeting hesitation remains unclear. One thing is certain: all eyes will stay glued to Saylor’s next move as Bitcoin’s rollercoaster ride continues.
Written By Fazal Ul Vahab C H
