Strategy is the world\u2019s largest corporate holder of Bitcoin
\nFresh purchases with the new capital will push the company\u2019s total BTC holdings beyond 500,000 BTC
\nMichael Saylor recently attended the White House Crypto Summit<\/p>\n
Strategy, formerly MicroStrategy, has announced plans to raise additional capital for general corporate operations, including the purchase of more Bitcoin (BTC).<\/p>\n
In the announcement<\/a> on March 10, Strategy said it plans to issue and sell shares of up to $21 billion in its at-the-market (ATM) program.<\/p>\n The offer will be for its 8.00% Series A Perpetual Preferred Stock (STRK), with proceeds expected to fund the company\u2019s general corporate purposes. Most of this will go into more Bitcoin purchases as Strategy continues to accumulate BTC. Strategy will also utilize raised funds for working capital.<\/p>\n Michael Saylor\u2019s artificial intelligence and business intelligence company \u2013 now the world\u2019s largest corporate BTC company \u2013 first added BTC as a treasury asset in 2020<\/a>. Since then, its been a prolific buyer of the benchmark digital asset.<\/p>\n With its last purchase in February 2025<\/a>, Strategy pushed its haul to 499,096 BTC.<\/p>\n This is where it currently stands, with total holdings just below the landmark 500,000 Bitcoin. So far, the company has spent $33.1 billion to buy Bitcoin. Per details, the company\u2019s average purchase price was $66,357 per Bitcoin.<\/p>\n News that Saylor was looking to buy more BTC slightly buoyed bulls during early trading on March 10. Per market data, the top cryptocurrency\u2019s price hovered around $83,252 at the time of writing.<\/p>\n While Bitcoin\u2019s price was down 1.4% in the past 24 hours, the slight gains had seen BTC rebound from lows of $80,120. BTC nonetheless continues to struggle<\/a> despite last week\u2019s executive order on a Strategic Bitcoin Reserve and the first-ever White House crypto summit<\/a>.<\/p>\n The post Michael Saylor\u2019s Strategy to raise up to $21b to buy more Bitcoin<\/a> appeared first on CoinJournal<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Strategy is the world\u2019s largest corporate holder of Bitcoin Fresh purchases with the new capital will push the company\u2019s total BTC holdings beyond 500,000 BTC Michael Saylor recently attended the White House Crypto Summit Strategy, formerly MicroStrategy, has announced plans to raise additional capital for general corporate operations, including the purchase of more Bitcoin (BTC). […]<\/p>\n","protected":false},"author":0,"featured_media":2658,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-2657","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2657","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=2657"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/2657\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/2658"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=2657"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=2657"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=2657"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Strategy\u2019s holdings just under 500k BTC<\/h2>\n