- Technique’s BTC holding crossed 500K and hit 2.4% of the overall provide.
- The agency had $15B left for debt issuance and total $39B capital to be raised per its 21/21 plan.
Technique (previously MicroStrategy) turned the primary public firm to cross 500K Bitcoin [BTC] holdings after the newest buy.
On the twenty fourth of March, Michael Saylor, founding father of Technique, acknowledged that the agency acquired an additional 6,911 BTC price $584 million.
The agency’s complete holdings jumped to 506,137 BTC price $43.9B, translating to 2.4% of the overall BTC provide (21M cash).
To place this in perspective, 492,750 BTC could be mined between now and March 25, 2028, simply earlier than the subsequent halving. Merely put, Technique held extra BTC than would ever be mined within the subsequent three years.
MSTR as a Bitcoin beta
Since Technique’s aggressive BTC strategy in 2020, its share, MSTR, has been the biggest beneficiary.
Over the previous 5 years, MSTR gained 2,115% whereas BTC rallied 638%. It outperformed the world’s largest cryptocurrency by 3.3X.
Supply: CryptoQuant
On a month-to-date foundation, MSTR was up almost 25%, whereas BTC bounced about 1%. The outperformance was very clear, even on a YTD (year-to-date) timeframe.
MSTR was up 12% in 2025, whereas BTC was down 8%, reinforcing the inventory as the final word BTC proxy play.
That stated, the newest buy was financed by a current inventory sale (each MSTR and STRK), SEC submitting confirmed.
“The bitcoin purchases (6,911 BTC) were made using proceeds from the Common ATM and the STRK ATM.”
Briefly, the current most popular inventory sale (STRF) was but to be deployed. BTC analyst James Van Straten famous that the agency may purchase an additional 7K BTC within the subsequent few days.
For the unfamiliar, this was a part of the agency’s 21/21 plan to boost $42B of capital by inventory issuance and debt financing for BTC buys.
Based on analyst Ragnar, the agency had $15B price of debt issuance remaining below the plan, with an total $39B capital left to be raised.
On the worth chart, MSTR oscillated between 200DMA (Every day Shifting Common) and 100DMA.
The 41% rally seen prior to now two weeks tapped the higher vary of 100DMA (orange). Whether or not a breakout would occur remained to be seen.
Supply: MSTR, TradingView
