In a modest transaction that contrasts with its usual high-volume acquisitions, MicroStrategy has added 130 Bitcoin to its corporate treasury. The company spent $10.7 million on the purchase, paying an average price of $82,981 per BTC on March 17, 2025. This represents MicroStrategy's smallest acquisition on record, yet strategically positions the firm 774 Bitcoin away from the significant 500,000 BTC milestone.
The purchase increases MicroStrategy's holdings to 499,226 Bitcoin with an aggregate value of $33.1 billion. The company's average acquisition cost now stands at $66,360 per BTC, which remains well below recent market prices despite volatility. Throughout 2025, the company has already acquired 51,656 BTC across seven separate transactions. This latest transaction was funded through proceeds from the company's STRK ATM program, which involved selling 123,000 STRK shares of 8% series A perpetual strike preferred stock.
MicroStrategy's continued accumulation strategy comes amid interesting market dynamics. Bitcoin recently dipped below $80,000 after previously exceeding the $90,000 threshold. The purchase timing aligns with the cryptocurrency market's response to former President Trump's announcement regarding a strategic crypto reserve. The company's stock has seen a 12.7% rise in premarket trading following this strategic acquisition.
MicroStrategy's latest Bitcoin purchase coincides with market volatility following Trump's crypto reserve announcement, as BTC fluctuates between $80,000 and $90,000.
The company, which has been rebranding from "MicroStrategy" to simply "Strategy," has shifted its focus from software to cryptocurrency investments. This transformation reflects the vision of Michael Saylor, who has positioned the company as a de facto Bitcoin investment vehicle. The firm's stock performance has closely tracked Bitcoin's movements, resulting in a 371% increase in share price over the past 12 months.
Wall Street has responded favorably to MicroStrategy's Bitcoin-centric approach, with analysts maintaining a Strong Buy consensus and an average price target of $548.91, suggesting a 65.33% upside potential. The company continues to execute against its ambitious "21/21" roadmap, which outlines plans to invest up to $42 billion in Bitcoin.
With $20.99 billion still available for issuance through its offering program, MicroStrategy appears poised to continue its Bitcoin acquisition strategy, focusing on long-term value storage rather than short-term market fluctuations.
