Michael Saylor’s Strategy makes smallest Bitcoin purchase on record

Michael Saylor’s Strategy, the world’s largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.

Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC.

The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy’s program looking to raise up to $21 billion in fresh capital to acquire more BTC.

Strategy’s new 130 BTC buy is the smallest one ever recorded since the company announced its first purchase of 21,454 BTC for $250 million in August 2020.

Strategy is 774 BTC away from holding 500,000 BTC

With the new purchase, Strategy and its subsidiaries now hold 499,226 BTC, acquired at an aggregate purchase price of approximately $33.1 billion and an average purchase price of around $66,360 per BTC, inclusive of fees and expenses.

After buying 130 BTC, Strategy is yet to buy 774 BTC to reach holdings of 500,000 BTC.

According to the Strategy website, the company’s Bitcoin yield now stands at 6.9%, significantly lower than its 15% target for 2025.

Smallest buy on record

Despite the Bitcoin price falling to multimonth lows below $80,000 last week, Strategy’s latest buy is significantly smaller than its most recent buys and is the smallest ever announced BTC purchase by the firm.

Prior to the latest purchase, the smallest BTC purchase by Strategy was a 169 Bitcoin purchase in August 2024, according to official records by Strategy.