Michael Saylor’s Strategy Makes Smallest Bitcoin Purchase Yet, Holding 499,226 BTC

Michael Saylor’s Strategy (formerly MicroStrategy), the largest public corporate holder of Bitcoin, has announced its smallest Bitcoin purchase to date. On March 17, the company revealed that it acquired 130 BTC for approximately $10.7 million, at an average price of $82,981 per Bitcoin. This marks a significant shift from their previous acquisitions, which have been much larger in scale.

This latest purchase is the smallest recorded since Strategy made its initial Bitcoin purchase of 21,454 BTC for $250 million back in August 2020. Although the firm’s Bitcoin holdings continue to grow, this acquisition contrasts with their usual buying spree. Despite Bitcoin prices falling to multi-month lows below $80,000 last week, Strategy opted for a much smaller purchase this time around.

The Strategy Behind the Latest Buy: STRK ATM Program

The purchase was funded through Strategy’s “STRK ATM,” a newly launched program designed to raise up to $21 billion in fresh capital. The goal of the STRK ATM program is to acquire more Bitcoin, which aligns with Strategy’s ongoing commitment to adding to its holdings.

The company’s Bitcoin holdings now stand at 499,226 BTC, acquired at an aggregate price of around $33.1 billion, with an average purchase price of approximately $66,360 per BTC, including fees and expenses.

Despite this smaller purchase, the company’s overall Bitcoin yield stands at 6.9%, a significant drop from the 15% yield target for 2025. This indicates that while the firm continues to hold vast quantities of Bitcoin, its overall returns have decreased from initial projections.

In 2025 alone, Strategy has acquired 51,656 BTC through seven purchases. This indicates that the company is still actively adding to its Bitcoin stash, but the smaller size of this most recent purchase suggests a cautious approach in the current market conditions.

BTC $ Gain Indicator: Falling Short of 2025 Targets

Despite spending approximately $4.4 billion on Bitcoin acquisitions in 2025, Strategy’s “BTC $ Gain” indicator shows a current gain of $2.6 billion YTD. However, this figure is still 74% away from the company’s target of achieving $10 billion in Bitcoin gains by the end of the year. The indicator tracks the dollar value of BTC gains based on market price fluctuations, and Strategy will need a significant uptick in Bitcoin’s value to meet its ambitious targets.

Although Michael Saylor’s Strategy has made its smallest Bitcoin purchase on record, the company’s commitment to its Bitcoin strategy remains strong. With nearly 500,000 BTC in its holdings and ongoing initiatives like the STRK ATM program, Strategy is positioning itself to continue its dominance in the corporate Bitcoin space. However, with current market conditions and their yield falling short of expectations, it will be interesting to see how Strategy adapts its approach in the coming months to meet its ambitious financial goals.