Close Menu
MMJ News NetworkMMJ News Network
  • Home
  • Cannabis
  • Psychedelics
  • Crypto & Web3
  • AI
  • CBD
  • Wellness & Counterculture
  • MMJNEWS

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

What's Hot

Perplexity reportedly raised $200M at $20B valuation

September 11, 2025

Is The US Planning To Use XRP To Clear Trillion-Dollar Debt? New Developments Shock Community

September 11, 2025

Belarus Banks Ordered to Adopt Crypto, Tokenization as Sanctions Squeeze Economy

September 11, 2025
Facebook X (Twitter) Instagram
MMJ News NetworkMMJ News Network
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
  • Home
  • Cannabis
  • Psychedelics
  • Crypto & Web3
  • AI
  • CBD
  • Wellness & Counterculture
  • MMJNEWS
MMJ News NetworkMMJ News Network
Home » $450 Million Purchase Sends Total Holdings To New Highs
BTC

$450 Million Purchase Sends Total Holdings To New Highs

EditorBy EditorSeptember 3, 2025No Comments3 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Copy Link


Strategy, the largest Bitcoin (BTC) treasury company formerly known as MicroStrategy, has reinforced its vision to accumulate Bitcoin by acquiring nearly $450 million worth of the market’s leading cryptocurrency. 

This move comes as the firm’s co-founder, Michael Saylor, remains optimistic about the digital asset’s long-term potential, even in the face of recent price corrections that have seen Bitcoin dip over 10% below its all-time highs.

Strategy Continues Bitcoin Buying Spree

In a recent update shared on X (formerly Twitter), Saylor revealed that Strategy acquired 6,048 Bitcoin for a total price of $449.3 million between August 26 and September 1, 2025. 

This latest purchase adds to the firm’s substantial holdings, which now total 636,505 BTC, acquired at an average cost of approximately $73,765 per Bitcoin, amounting to an investment of around $46.95 billion.

Related Reading

Saylor also highlighted that Strategy has achieved a Bitcoin yield of 25.7% year-to-date (YTD). Additionally, the firm provided updates on its at-the-market offering programs, which included the sale of various preferred shares and common stock, generating significant net proceeds. 

This includes 199,509 shares of 8.00% Series A Perpetual Strike preferred stock for $19 million, 237,931 shares of 10.00% Series A Perpetual Strife preferred stock for $26.5 million, and 1,237,000 shares of MSTR for $425.3 million.

The aggressive investment strategy employed by Saylor’s firm has inspired other public companies to explore similar avenues. Strategy has been a trailblazer in this space, being one of the first publicly traded companies to adopt Bitcoin as a primary treasury asset. 

This growing trend is bolstered by favorable regulations and initiatives stemming from President Donald Trump’s administration, which have facilitated broader adoption of these assets, including altcoins like Ethereum (ETH), Binance Coin (BNB) and XRP. 

Metaplanet Becomes Seventh-Largest BTC Holder

A notable example of this investment shift by public companies is Metaplanet, often referred to as “Japan’s MicroStrategy.” The company has approved a plan to sell up to 550 million new shares overseas, aiming to raise approximately 130.3 billion yen ($884.41 million) to finance additional Bitcoin purchases. 

Once a hotel operator, Metaplanet has pivoted to focus on cryptocurrencies, inspired by Saylor’s approach. Founder and CEO Simon Gerovich liquidated most of the company’s hotel assets, which had been struggling due to the COVID-19 pandemic, redirecting those funds into Bitcoin starting in April 2024.

Related Reading

Metaplanet’s strategy has proven effective, as it has become the seventh-largest holder of Bitcoin among public treasuries globally, according to BitcoinTreasuries.net data.

The company recently announced on Monday the addition of 1,009 BTC to its total, bringing its holdings to 20,000. Its stock, MTPLF, has experienced a surge of about 740% YTD, currently valued at $5.82 per share. 

Strategy’s stock, under the ticker symbol MSTR, is trading at $343 as of this writing, up 2.5% from Monday’s price. Meanwhile, Bitcoin trades at $111,630, up 2% in the last 24 hours.

Bitcoin
The daily chart shows BTC’s price correction. Source: BTCUSDT on TradingView.com

Featured image from DALL-E, chart from TradingView.com 



Source link

bitcoin Bitcoin news bitcoin price btc BTC news crypto news Metaplanet Microstrategy MicroStrategy bitcoin holdings MicroStrategy news MSTR Strategy
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Editor
  • Website
  • Facebook
  • Instagram

Related Posts

Is The US Planning To Use XRP To Clear Trillion-Dollar Debt? New Developments Shock Community

September 11, 2025

Avalanche (AVAX) Bulls Target $30 Breakout as Toyota Partnership Fuels Momentum

September 11, 2025

Whales React as Price Slips

September 11, 2025
Leave A Reply Cancel Reply

Don't Miss
AI

Perplexity reportedly raised $200M at $20B valuation

Perplexity, the AI-powered search startup that compete with Google by providing conversational answers to user…

Is The US Planning To Use XRP To Clear Trillion-Dollar Debt? New Developments Shock Community

September 11, 2025

Belarus Banks Ordered to Adopt Crypto, Tokenization as Sanctions Squeeze Economy

September 11, 2025

Avalanche (AVAX) Bulls Target $30 Breakout as Toyota Partnership Fuels Momentum

September 11, 2025
Top Posts

Texas Governor Reportedly Prepares Executive Order to Regulate Hemp THC Products

September 10, 2025

Caribbean Cannabis: A Local Look at the U.S. Virgin Islands

September 9, 2025

Massachusetts AG Approves Ballot Petition to End $1.6B Adult-Use Cannabis Market

September 8, 2025

Nebraska Commission Deviates From Voters’ Will on Medical Cannabis

September 5, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

About Us
About Us

Welcome to MMJ News Network, your premier source for cutting-edge insights into cannabis, psychedelics, crypto & Web3, wellness, counterculture, and market trends. We are dedicated to bringing you the latest news, research, and developments shaping these fast-evolving industries.

Facebook X (Twitter) Pinterest YouTube WhatsApp
Our Picks

Perplexity reportedly raised $200M at $20B valuation

September 11, 2025

Is The US Planning To Use XRP To Clear Trillion-Dollar Debt? New Developments Shock Community

September 11, 2025

Belarus Banks Ordered to Adopt Crypto, Tokenization as Sanctions Squeeze Economy

September 11, 2025
Most Popular

Ethereum Falls as Crypto Exchange Bybit Confirms $1.4 Billion Hack

February 21, 2025

Florida Woman Accused of $850K Trump Solana Meme Coin Theft, Faces Deportation

February 21, 2025

Bitcoin, XRP and Dogecoin Sink Amid Inflation Fears and Bybit Hack Fallout

February 23, 2025
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions
© 2025 mmjnewsnetwork. Designed by mmjnewsnetwork.

Type above and press Enter to search. Press Esc to cancel.