Michael Saylor’s Strategy bought $584.1 million of Bitcoin after raising more than $700 million last week through the sale of so-called perpetual strife preferred stock.

Michael Saylor’s Strategy has acquired over $500 million worth of Bitcoin as institutional interest and exchange-traded fund (ETF) inflows make a comeback. Strategy acquired 6,911 Bitcoin (BTC) for over $584 million between March 17 and March 23 at an average price of $84,

MicroStrategy, now rebranded as Strategy, has surpassed 500,000 BTC in holdings after a $584M purchase—reinforcing its position as the top corporate Bitcoin holder.