Michael Saylor Updates Strategy's Bitcoin Holdings—Nearly 500K BTC Locked in

Michael Saylor remains steadfast in his bitcoin strategy, with Strategy holding nearly 500,000 BTC worth $33.1 billion, while he pushes for crypto policy advancements in Washington.

Michael Saylor Pushes Crypto Policy in DC While Strategy Holds Nearly 500K BTC

Software intelligence firm Microstrategy (Nasdaq: MSTR) announced on March 3 that it continues to hold a significant position in bitcoin, with its total holdings standing at approximately 499,096 BTC. The company, which has recently rebranded as Strategy, disclosed in its filing with the U.S. Securities and Exchange Commission (SEC) on March 3 that these holdings were acquired at an aggregate purchase price of roughly $33.1 billion, with an average cost of $66,357 per bitcoin, inclusive of fees and expenses.

During the period between Feb. 24 and March 2, Strategy did not sell any shares under its at-the-market equity offering program and did not purchase additional bitcoin. Executive Chairman Michael Saylor shared on social media platform X on March 3:

Last week, Strategy did not sell any shares of class A common stock under its at-the-market equity offering program, and did not purchase any bitcoin. As of 3/2/2025, we hodl 499,096 BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin.

In addition to its BTC holdings, Strategy announced that its board of directors has declared a quarterly cash dividend of approximately $1.24 per share for its 8.00% Series A perpetual strike preferred stock (STRK). The dividend will be paid on March 31 to stockholders of record as of March 15. The per-share amount reflects a prorated calculation from Feb. 5, when the preferred stock was issued.

Saylor, a vocal advocate for bitcoin, continues to stand by his long-term bullish outlook. He predicts that BTC could reach $13 million by 2045, with a bull case scenario of $49 million per bitcoin and a bear case of $3 million. In February, he met with the SEC’s newly formed Crypto Task Force to discuss regulatory approaches for digital assets. During this meeting, he presented a comprehensive digital asset framework. He also recently met with the U.S. House Financial Services Committee to discuss digital assets and the country’s potential to lead the global crypto industry.