• Strategy is the world’s largest corporate holder of Bitcoin
• Fresh purchases with the new capital will push the company’s total BTC holdings beyond 500,000 BTC.
• Michael Saylor recently attended the White House Crypto Summit.

In an interesting development, Strategy, previously known as MicroStrategy and already recognized as the world’s largest corporate Bitcoin holder, has revealed its intentions to raise more funds. These funds are earmarked for general corporate activities, and you guessed it, to significantly increase their Bitcoin (BTC) holdings.

The details emerged in an announcement made on March 10th. Strategy unveiled plans to issue and sell up to a staggering $21 billion worth of shares through its “at-the-market” (ATM) program.

This offering involves their 8.00% Series A Perpetual Preferred Stock, listed as STRK. The company anticipates using the proceeds for standard corporate purposes, but let’s be honest, the main story here is Bitcoin. Strategy is expected to channel a large portion of these funds directly into purchasing even more BTC, continuing their aggressive accumulation strategy. They will also allocate some of the raised capital to bolster their working capital.

Strategy’s Holdings Nearing a Massive 500k BTC Milestone

Strategy, the AI and business intelligence company helmed by Michael Saylor – who, by the way, recently participated in the White House Crypto Summit – made headlines when they first adopted BTC as a treasury asset back in 2020. Since then, they’ve become quite the notable name in the Bitcoin buying sphere.

With their latest acquisition in February 2025, Strategy bumped their already impressive Bitcoin collection to 499,096 BTC.

That’s where their holdings currently stand – just a hair’s breadth away from the monumental 500,000 Bitcoin mark! To date, the company has invested a substantial $33.1 billion in acquiring Bitcoin, with an average purchase price of $66,357 per coin, according to reports.

The news of Saylor’s intent to further expand their BTC portfolio seemed to inject a bit of optimism into the market during early trading on March 10th. Market data indicated that the leading cryptocurrency was trading around $83,252 at the time of this report.

While the price had dipped slightly by 1.4% over the previous 24 hours, these minor gains represented a rebound from lower points around $80,120. Bitcoin is still navigating choppy waters, even in light of last week’s executive order concerning a Strategic Bitcoin Reserve and the landmark White House crypto summit.