MicroStrategy (Nasdaq: MSTR), the business intelligence firm turned Bitcoin treasury pioneer, has added 6,911 BTC to its coffers, spending $584.1 million at an average price of $84,529 per Bitcoin. The acquisition, announced by executive chairman Michael Saylor on X, brings the company’s total Bitcoin holdings to 506,137 BTC, acquired for $33.7 billion at an average cost of $66,608 per coin. With a year-to-date BTC Yield of 7.7% in 2025, MicroStrategy continues to lead the charge in corporate cryptocurrency adoption, betting big on Bitcoin as a hedge against inflation and economic uncertainty.
$MSTR has acquired 6,911 BTC for ~$584.1 million at ~$84,529 per bitcoin and has achieved BTC Yield of 7.7% YTD 2025. As of 3/23/2025, @Strategy holds 506,137 BTC acquired for ~$33.7 billion at ~$66,608 per bitcoin. $STRK https://t.co/3vSGnTUVcE
— Michael Saylor⚡️ (@saylor) March 24, 2025
“This move reinforces our conviction that Bitcoin is the ultimate store of value for corporations,” Saylor said in a Form 8-K filing with the SEC. “Our strategy is delivering results—our 7.7% BTC Yield this year speaks to the power of Bitcoin as a treasury asset.” The purchase aligns with MicroStrategy’s playbook since 2020, when it began allocating significant capital to Bitcoin, a trend that has since positioned the company as the largest corporate holder of the cryptocurrency globally.
The numbers tell a story of both ambition and volatility. MicroStrategy’s latest buy comes at a premium compared to its average acquisition cost, reflecting Bitcoin’s price surge in 2025. However, the crypto market’s history of sharp declines—sometimes exceeding 50%, according to industry data—has drawn skepticism. “MicroStrategy’s all-in approach on Bitcoin is a high-stakes gamble,” said Jane Kim, a corporate treasury consultant. “While the returns are impressive now, the tax implications and market volatility could pose challenges for long-term sustainability.”
The announcement sparked a mix of reactions online. On X, user @DecadeInvestor quipped, “You’ve inspired me to sell my kidney,” highlighting the fervor Saylor’s strategy has ignited among Bitcoin enthusiasts. Others, like @CryptoDevil9, expressed caution, posting a GIF with the caption, “$BTC PA, please don’t dump now.” Meanwhile, MicroStrategy’s stock ticker, $MSTR, and a related token, $STRK, saw increased chatter, with some users like @ArtificialCZ noting the financial math: “$584M buys 6,911 BTC at $84k? Numbers don’t lie.”
MicroStrategy’s Bitcoin strategy has broader implications for corporate finance. The company’s success has inspired others to explore cryptocurrency as a treasury asset, a trend set to be explored at the “Bitcoin For Corporations” conference in Orlando, FL, on May 6-7, 2025. Yet, as Bitcoin’s correlation with equities grows—mirroring Nasdaq trends, per recent analyses—experts warn of systemic risks. “If a market downturn hits, Bitcoin may not be the safe haven MicroStrategy hopes for,” said Mark Palmer, a financial analyst at CFRA Research.
For now, MicroStrategy remains undeterred, with Saylor and his team positioning the firm as a trailblazer in the evolving intersection of corporate finance and cryptocurrency. As the company prepares to share its insights with other business leaders in May, the question looms: will Bitcoin become a staple in corporate treasuries, or will its volatility keep it on the fringes? Investors and executives alike are watching closely.