Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Strategy₿ Resumes Bitcoin Acquisitions, Buys Over $10M in BTC

Strategy₿ Resumes Bitcoin Acquisitions, Buys Over $10M in BTC

CryptoRoCryptoRo2025/03/18 15:00
By:Rada Mateescu

Key Points

  • Following a short break, Strategy₿ bought 130 BTC for $10.7 million last week.
  • The announcement comes after Fox News aired BTC educational content featuring Michael Saylor.

Earlier today, Michael Saylor announced that Strategy₿ resumed its Bitcoin acquisitions following a short break.

The news comes after Saylor revealed that Fox News recently aired BTC and crypto educational content featuring himself and other important names in the industry.

Strategy₿ Raises Bitcoin Holdings

In a post via X, Saylor revealed that Strategy₿ bought 130 BTC for $10.7 million at $82,981 per Bitcoin. The company achieved a BTC Yield of 6.9% YTD 2025.

Also, he revealed that as of yesterday, March 16, the company held 499,226 BTC acquired for $33,1 billion at around $66,360 per coin.

Strategy has acquired 130 BTC for ~$10.7M at ~$82,981 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 3/16/2025, we hodl 499,226 $BTC acquired for ~$33.1 billion at ~$66,360 per bitcoin. $MSTR $STRK https://t.co/8xRmR8vlIt

— Michael Saylor⚡️ (@saylor) March 17, 2025

The company’s holdings are worth over $41,6 billion at current prices.

The acquisition comes following a short break in BTC buying announced by Saylor on March 7. Also, on March 10, the company announced a $21 billion STRK ATM Program to buy more Bitcoin.

The company, formerly known as MicroStrategy, has been buying BTC since August 2020.

Saylor also shared a post yesterday, revealing that Fox News continues to make moves to educate people on Bitcoin and crypto.

Fox News Aired Bitcoin and Crypto Content

In his March 16 post, Saylor said that Fox News’ hit show, My View, with Lara Trump was devoted to Bitcoin and crypto, using the words of Donald Trump, David Sacks (the AI and crypto czar), Scott Bessent (Secretary of Treasury) and Saylor himself, to educate the mainstream audience on the power and promise of this new technology.

Last night, Fox News’ hit show My View with @LaraLeaTrump was devoted to Bitcoin and digital assets, using the words of @realDonaldTrump , @davidsacks47 , @SecScottBessent , and yours truly to educate its mainstream audience on the power and promise of this new technology. pic.twitter.com/ibdius5lEi

— Michael Saylor⚡️ (@saylor) March 16, 2025

The latest move of Fox News comes amidst increased global Bitcoin and crypto adoption.

Increased Global Bitcoin and Crypto Adoption

The US is getting ready to codify into law Trump’s Executive Order on a SBR and Crypto Stockpile, Russia has been using BTC and crypto to bypass Western sanctions while the Central Bank in the country allows certain crypto operations and more.

Adoption is intensifying at a global scale, with increasing institutional investment in the industry.

At the moment of writing this article, BTC is trading above $83,000 following a rebound after a dip at $82,000 earlier.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Watcher Guru Confirms X Account Hack; Team Launches Investigation

Watcher Guru, a leading crypto news platform, has confirmed that its X account was hacked early on March 21, 2025. The breach resulted in unauthorized posts spreading across its X, Telegram, Facebook, and Discord accounts.

DeFi Planet2025/03/21 22:33
Watcher Guru Confirms X Account Hack; Team Launches Investigation

DTCC Joins ERC3643 Association to Advance Tokenization Standards

The Depository Trust & Clearing Corporation (DTCC) has officially joined the ERC3643 Association, reinforcing its commitment to tokenized finance.

DeFi Planet2025/03/21 22:33
DTCC Joins ERC3643 Association to Advance Tokenization Standards

Pump.fun Launches PumpSwap Amid Decline in Revenue

Bitcoininfonews2025/03/21 20:55
Pump.fun Launches PumpSwap Amid Decline in Revenue

Shiba Inu Prepares for Potential Price Rally

Bitcoininfonews2025/03/21 20:55
Shiba Inu Prepares for Potential Price Rally