On March 30, Michael Saylor indicated that Strategy has surpassed 500,000 BTC with a new acquisition of 6,911 BTC. This strategic move brings total holdings to 506,137 BTC, valued at over 42 billion USD.
Strategy is targeting to raise approximately 42 billion USD to finance additional Bitcoin acquisitions through a Series A Perpetual Preferred Stock offering. This strategy aligns with their ongoing commitment to expanding their Bitcoin reserves.