Against the backdrop of institutional funds and Bitcoin ETF funds re-entering the market, Microstrategy Inc. (referred to as MSTR, later renamed Strategy) led by Michael Saylor has once again taken action, significantly increasing its holdings of Bitcoin by over $500 million.<h2>$584 million spent in a week, with a unit price as high as $84,529</h2>According to a filing submitted to the U.S. Securities and Exchange Commission (SEC) on March 24, Strategy spent approximately $584 million to purchase 6,911 Bitcoins between March 17 and March 23, with an average purchase price reaching $84,529 per coin.Following this increase, the company's total Bitcoin holdings officially surpassed 500,000 coins, reaching 506,137 coins, with a cumulative investment of approximately $33.7 billion and an average purchase cost of $66,608 per coin (including related fees and expenses).Just before this increase, Strategy announced on March 21 the completion of a new round of preferred stock issuance, priced at $85 per share, with a coupon rate of 10%. This round of financing is expected to bring in approximately $711 million in revenue for the company, with funds to be settled on March 25, 2025, providing ample ammunition for the company's subsequent strategic deployments (including further coin purchases).Co-founder Michael Saylor has previously hinted on multiple occasions that the company will continue to seek quality buying opportunities during market adjustments.<h2>Amid global trade war concerns, Strategy remains steadfast in &#34;buying the dip&#34;</h2>As the world's largest holder of Bitcoin, Strategy continues to execute its &#34;buying the dip&#34; strategy amid market concerns of entering a bear market.This increase in holdings occurred against the backdrop of heightened global trade war concerns, with analysts stating that this could exert pressure on both traditional financial markets and the cryptocurrency market at least until early April.Despite the recent positive developments in the cryptocurrency industry, global tariff issues will remain a major suppressive factor for the market, likely affecting the performance of risk assets at least until April 2. Nansen research analyst Nicolai Sondergaard stated on March 21:<blockquote>&#34;I am very concerned about the direction of tariff issues after April 2. There may be some tariff cancellations, but it depends on whether countries can reach an agreement. Currently, this is the main driving factor for the market.&#34;</blockquote>He added that until the uncertainty surrounding tariffs is resolved, risk assets may lack a clear direction. However, if tariff issues are resolved between April 2 and July, it could bring a positive catalyst to the market.Although U.S. Treasury Secretary Mnuchin previously indicated that tariffs might be delayed, the reciprocal tariff policy proposed by President Trump is still scheduled to officially take effect on April 2

MSTR

Despite the pressure on the market from the global trade war and tariff uncertainties, Strategy continues to firmly implement the "buy on dips" strategy. Between March 17 and 23, Strategy spent approximately $584 million to increase its holdings by 6,911 bitcoins, with an average purchase price of $84,529, bringing its total holdings to over 500,000 bitcoins

- Microstrategy, led by Michael Saylor, has invested approximately $584 million in Bitcoin, purchasing 6,911 coins at an average price of $84,529 each between March 17 and March 23.  
- This acquisition brings the company's total Bitcoin holdings to over 500,000 coins, with a cumulative investment of about $33.7 billion and an average cost of $66,608 per coin.  
- The purchase occurs amid rising concerns over a global trade war, which analysts suggest may pressure both traditional and crypto markets until at least early April.

MSTR invests another $580 million to buy Bitcoin, with holdings surpassing 500,000 coins!