The strategy is the world's largest corporate holder for fresh purchases of Bitcoin with new capital, boosting the total BTC holdings of companies over 500,000 BTC. Michael Saylor recently attended the White House Crypto Summit.
The previous micro-tactics have announced plans to raise additional capital for general business operations, including purchasing more Bitcoin (BTC).
In an announcement on March 10th, the strategy said it plans to issue and sell up to $21 billion in shares in the market.
This offer is for the 8.00% Series A Perpetual Preferred Stock (STRK) and revenue is expected to fund the company's general corporate purposes. Most of this will result in more Bitcoin purchases as the strategy continues to accumulate BTC. The strategy also utilizes funds raised for working capital.
Holding strategies below 500k BTC
Michael Saylor's artificial intelligence and business intelligence company (now the world's largest company BTC company) first added BTC as a financial asset in 2020. He has since been a prolific buyer of benchmark digital assets.
With its final purchase in February 2025, the strategy pushed its haul to 499,096 BTC.
This is where we are, and our total holdings are just below the landmark 500,000 Bitcoins. So far, the company has spent $33.1 billion to buy Bitcoin. For each detail, the company's purchase price was $66,357 per Bitcoin.
News that Saylor was about to buy more bulls that slightly supported BTC during the early trading on March 10th, which at the time of writing, believed the best cryptocurrency price was around $83,252.
Prices have fallen 1.4% over the last 24 hours, but a small profit has led to BTC rebounding from a low of $80,120. Nevertheless, BTC continues to struggle despite last week's executive order on a strategic Bitcoin Reserve and the first White House crypto summit.