Samson Mow, CEO of JAN3, has responded to growing criticism over Strategy’s Bitcoin purchase price. The criticism intensified following Strategy's acquisition of 22,048 BTC for roughly $1.92 billion at an average price of $86,969 per Bitcoin. Mow took to the X platform to argue that the focus on the purchase price is misplaced. He emphasized …
Samson Mow Defends Strategy’s Bitcoin Purchase Price
Samson Mow, CEO of JAN3, has responded to growing criticism over Strategy’s Bitcoin purchase price.
The criticism intensified following Strategy’s acquisition of 22,048 BTC for roughly $1.92 billion at an average price of $86,969 per Bitcoin. Mow took to the X platform to argue that the focus on the purchase price is misplaced.
He emphasized that whether the price is $86,969 or $82,000 is irrelevant in the grand scheme of things. Mow compared the situation to the past, noting that no one questions the decision to buy Bitcoin at $8,600 rather than $8,200, illustrating that such price differences are trivial in the larger context.
Everyone is critical of the average purchase price here, but don’t understand the game. Buying at $86,969 or $82,000 is irrelevant. It’s just a rounding error. Did it matter if you bought at $8.6k or $8.2k? Without a doubt, you wish you could buy #Bitcoin at $8.6k again. https://t.co/Jj06RZ1YlB
— Samson Mow (@Excellion) March 31, 2025
Strategy’s Bitcoin Holdings
As of the latest purchase reported on March 31, Strategy’s Bitcoin holdings reached a staggering 528,185 BTC. The firm has committed around $35.63 billion at an average price of $67,458 per Bitcoin to acquire this portfolio.
This latest acquisition follows the company’s purchase of 6,911 BTC for $584.1 million, which raised its total Bitcoin holdings above 500,000 BTC.
Strategy’s Bitcoin yield has also seen positive results, with an 11.0% yield year-to-date in 2025. This performance is notable since the Bitcoin price has been fluctuating in recent weeks, even touching $77,000 around mid-March.
Funding the Bitcoin Strategy
It’s also worth noting that Strategy funded its Bitcoin acquisitions through various stock offerings. They include Class A Common Stock (MSTR), Perpetual Strike Preferred Stock (STRK), and Strife Preferred Stock (STRF). The company continues to explore additional stock issuances to finance its future Bitcoin purchases.
On March 25, 2025, Strategy offered 8.5 million units of STRF stock and raised $722.5 million. A portion of these funds went toward further Bitcoin acquisitions.
Gabrielle Desailly a former investment strategist, Gabrielle covers the intersection of cryptocurrency and global finance. She specializes in regulatory developments, market sentiment, and how digital assets reshape economies.
