MicroStrategy added another $580 million to its holdings, "bought nearly 7,000 BTC", and its holdings exceeded 500,000 Bitcoins, and Strategy surged 10%

03-25

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US listed company and Bitcoin holdings leader MicroStrategy (Strategy), late yesterday (24th), issued an announcement stating that the company purchased an additional 6,911 Bitcoins between March 17-23, 2025, at an average price of $84,529, spending a total of $584.1 million, which raised its Bitcoin holdings to 506,137 BTC.

MicroStrategy Stock Surges 10.43%

With Bitcoin breaking through $88,000 last night, MicroStrategy's stock (MSTR) continued to fluctuate and rise after US market opening, closing at $335.72, a 10.43% increase, with market capitalization returning to $84.7 billion.

Multiple Companies Increase Bitcoin Holdings

According to statistics posted late yesterday (24th) on X platform by Twitter user HODL15Capital, besides MicroStrategy, four other companies also increased their Bitcoin holdings last week: Metaplanet (Japanese version of MicroStrategy), Bitdeer (mining company), Core Scientific (mining company), and Bitcoin Depot (Bitcoin ATM operator). Together with MicroStrategy's purchase, these five companies collectively bought 7,349 Bitcoins.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.

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