MicroStrategy Launches New Bitcoin Strategy, Raising Nearly $2 Billion in a Week to Acquire BTC Again

Strategy (formerly MicroStrategy) Raises Over $1.9 Billion Through MSTR, STRK, and STRF

Strategy has successfully raised over $1.9 billion within a week, all of which will be reinvested in purchasing Bitcoin. The company announced the acquisition of 22,048 Bitcoins, bringing its total holdings to 528,185 Bitcoins as of March 30, 2025. Despite a lackluster first quarter, the stock of MicroStrategy (MSTR) still yielded a positive return of 1%, in contrast to the S&P 500 (SPY) which saw a decline of 6%, the tech index (QQQ) down 9%, and other major players. Meanwhile, as gold reached a new historical high, gold bull Peter Schiff did not miss the opportunity to criticize MicroStrategy, stating that while Strategy has accumulated a significant amount of Bitcoin, the unrealized profit on Bitcoin is only 22%. He argued that had he invested in gold, his returns would have been significantly higher! The gold ETF (GLD) saw a remarkable increase of 18% over the past three months, making it the best-performing asset this quarter.

Strategy Raises Over $1.9 Billion Through New Stock Offerings

According to an 8-K report submitted to the U.S. Securities and Exchange Commission (SEC) on March 31, Strategy raised funds from March 24 to March 30 through the following:

• Class A Common Stock: Issued 3,645,528 shares of MSTR, raising $1.2 billion.
• Preferred Stock Plan STRK: Issued 213,807 shares of STRK, raising $18.52 million.

In total, the company raised $1.22 billion in just one week.

Additionally, the previously announced STRF perpetual preferred stock issued 8,500,000 shares, significantly higher than the earlier estimate of 5 million shares, but still issued at a discount of $85. The transaction was completed on March 25, raising a net amount of $711.2 million after expenses.

MSTR, STRK, and STRF Fully Launch New Bitcoin Blueprint

With the $1.9 billion raised through MSTR, STRK, and STRF, Strategy has reinvested the entire amount in Bitcoin, acquiring 22,048 Bitcoins at an average cost of $86,969 per BTC. As of March 30, 2025, Strategy holds a total of 528,185 Bitcoins, having spent $35.63 billion, with an average cost of $67,458 per BTC.

Through three different codes of Strategy products in the secondary market, the company has initiated a new Bitcoin blueprint, enabling faster fundraising.

Founder Michael Saylor proudly stated on X: “Continue down the orange path!”

MicroStrategy’s stock (MSTR) reported a 1% positive return over three months, a notable performance compared to the S&P 500 (SPY) at -6%, the tech index (QQQ) at -9%, and other major players, thus achieving a commendable result in a sluggish first quarter.

Peter Schiff: How Great Would It Be to Buy Gold!

However, as gold reached a new historical high, gold bull Peter Schiff took the opportunity to criticize MicroStrategy. He stated that while Strategy has purchased a substantial amount of Bitcoin, the unrealized profit is merely 22%, and had he invested in gold, his returns would have been much better!

Saylor did not compare his investments with the gold ETF (GLD), which has surged 18% over the last three months, making it the top-performing asset of this quarter.

MSTR now holds 528,185 BTC that it purchased at an average price of $67,468. With Bitcoin at $82.5K, MSTR has an unrealized gain of just 22%. Each time @Saylor bought Bitcoin, had he just bought gold instead, the total unrealized gain would be far greater. How about them apples!

— Peter Schiff (@PeterSchiff) March 31, 2025

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