Hassan Maishera
TL;DR
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Bitcoin is trading above $83k after dropping to the $81k region over the weekend.
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Michael Saylor’s Strategy purchased over 22k bitcoins for $1.92 billion.
Bitcoin Now Above $83k
The cryptocurrency market began the week positively, following its poor performance over the weekend. Bitcoin, the leading digital asset by market cap, added 1% to its value on Monday and is now trading above $83k.
At press time, Bitcoin’s price stands at $83,004 and could rally higher in the near term to continue the recovery.
$MSTR has acquired 22,048 BTC for ~$1.92 billion at ~$86,969 per bitcoin and has achieved BTC Yield of 11.0% YTD 2025. As of 3/30/2025, @Strategy holds 528,185 $BTC acquired for ~$35.63 billion at ~$67,458 per bitcoin. $STRK $STRF https://t.co/1sfyBIglnt
— Michael Saylor⚡️ (@saylor) March 31, 2025
As in the past few weeks, Michael Saylor’s Strategy took advantage of the dip to add more bitcoins to its reserves. The company announced on Monday that it acquired 22,048 BTC for $1.92 billion at $86,969 per bitcoin and has achieved a BTC Yield of 11.0% YTD 2025. Following this latest acquisition, Strategy holds 528,185 $BTC acquired for $35.63 billion at $67,458 per bitcoin.
Major altcoins are also in the green following the weekend’s bearish performance. Ether is looking to reclaim the $1,900 mark after adding 2% to its value over the last 24 hours. Dogecoin, Cardano, and Tron are all up by more than 1%, while BNB and XRP added less than 1% to their values on Monday.
Toncoin (TON) is the best performer among the top 20 cryptocurrencies by market cap, surging by 5% to now trade above $4 per coin. Thanks to the latest positive performance, the total cryptocurrency market cap now stands at $2.68 trillion.
