Michael Saylor’s Strategy, the largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase to date, despite Bitcoin prices dropping to multi-month lows below $80,000 last week.
On March 17, Strategy revealed it acquired 130 BTC for about $10.7 million in cash, averaging $82,981 per BTC. This purchase was funded through the “STRK ATM,” a new program aimed at raising up to $21 billion to buy more Bitcoin.
Smallest Purchase Since 2020
The 130 BTC purchase marks the smallest buy since Strategy’s first acquisition of 21,454 BTC for $250 million in August 2020. The previous record for the smallest buy was 169 BTC in August 2024.
Closing In on 500,000 BTC
With this latest acquisition, Strategy and its subsidiaries now hold 499,226 BTC, purchased at a total cost of around $33.1 billion, or an average of $66,360 per BTC, including fees. Strategy now needs just 774 BTC to reach the milestone of 500,000 BTC.
Lagging Behind 2025 Yield Targets
Strategy’s Bitcoin yield is currently 6.9%, well below its 15% target for 2025. Despite spending $4.4 billion on seven purchases this year, the company’s “BTC $ Gain” — which tracks the dollar value of BTC gains — stands at $2.6 billion year-to-date, leaving it 74% short of its $10 billion goal for 2025.
At the end of 2024, Strategy’s BTC $ Gain stood at $13.8 billion, with a yield of 74%.
Record Low Purchase Reflects Market Uncertainty
Strategy’s decision to make its smallest buy on record signals a cautious approach amid market volatility. So far in 2025, the company has acquired 51,656 BTC across seven reported purchases.
