Key Takeaways:

Strategy paused its consistent Bitcoin buying streak, making a small 130 BTC purchase on March 17 after a two-week break.
Michael Saylor hinted at a new Bitcoin acquisition following a $711M capital raise via preferred stock offering.
The recent preferred stock was priced at $85/share with a 10% coupon, signaling a continued commitment to BTC treasury growth.

Strategy, co-founded by Michael Saylor, appears poised for another Bitcoin (BTC) purchase after raising new capital through a preferred stock offering.

The company recently paused its 12-week buying streak that spanned from November 2024 to January 2025.

Needs more Orange. pic.twitter.com/BRyWs1ey80
— Michael Saylor⚡️ (@saylor) March 23, 2025

Its most recent acquisition was on March 17, when it bought 130 BTC for $10.7 million — one of its smallest purchases to date — bringing total holdings to 499,226 BTC.

Following this, Saylor shared a BTC chart on social media with the caption “needs more orange,” hinting at a new purchase as financial markets reopen.

On March 21, Strategy announced the pricing of its preferred stock at $85 per share, with a 10% coupon, expected to raise around $711 million.

This move could potentially fund further BTC acquisitions.

Saylor, a vocal advocate for Bitcoin, continues to influence corporate adoption and urges the U.S. government to invest in the scarce digital asset.

His efforts have helped position Strategy as one of the largest institutional holders of Bitcoin, reinforcing the firm’s long-term commitment to the cryptocurrency.