Michael Saylor’s Strategy added more Bitcoin [BTC] to its holdings last week!
The company acquired 2,932 BTC for about $264.1 million at an average price of $90,061 per coin, according to a filing with the U.S. Securities and Exchange Commission.
Strategy stacks more Bitcoin!
The latest purchase took its total holdings to 712,647 BTC after a fresh round of purchases. That’s 3.2% of BTC’s total 21 million supply!
Source: sec.gov
The stash, purchased at an average price of about $76,037 per bitcoin, represents a total outlay of roughly $54.2 billion, including fees.
At current market prices, the holdings are valued near $62.5 billion, so there are sizable unrealized gains.
To fund the latest acquisitions, the company tapped capital markets, raising cash through at-the-market sales of its Class A common stock and perpetual preferred shares.
Even after last week’s sales, Strategy said billions of dollars’ worth of shares remain available under these programs.
A tale as old as time
As has become routine, Strategy’s latest Bitcoin buying spree was teased before it was confirmed. On Sunday, executive chairman and co-founder Michael Saylor posted an update from the company’s Bitcoin acquisition tracker.
A day later, the meaning became clear.
Source: X
This purchase comes a week after Strategy disclosed that it had bought 22,305 BTC for roughly $2.1 billion. This was at an average price of $91,519 per coin.
The purchase took the firm’s total holdings to 709,715 BTC at the time and was its largest weekly accumulation since November 2024, when Strategy added 55,500 BTC.
Ahead of the competition
With more than 712,000 BTC on its balance sheet, the firm has the largest stash among publicly listed companies.
The next closest names (including MARA Holdings and Twenty One Capital) hold a fraction of that amount, typically in the tens of thousands of Bitcoin.
Source: BitcoinTreasuries.net
In total, the top 100 public companies together control a little over 1.13 million BTC. That means Strategy alone accounts for well over half of all Bitcoin held by listed firms!
Final Thoughts
- Strategy purchased 2,932 Bitcoin recently, extending its lead over other BTC treasuries.
- The company owns over 50% of all publicly held Bitcoin.
Source: https://ambcrypto.com/strategy-buys-2932-bitcoin-btc-stash-crosses-62b-at-3-2-of-total-supply/
