Strategy, led by Michael Saylor, continues to solidify its position as the premier institutional holder of Bitcoin, consistently executing its unique accumulation strategy. The company's relentless pursuit of the digital asset has not only amassed an astonishing quantity of BTC but has also set a precedent for corporate treasury management in the cryptocurrency era.
Relentless Bitcoin Accumulation
Strategy recently added another 2,932 BTC to its already substantial holdings. This acquisition cost approximately $264.1 million, with an average price of $90,061 per coin. The latest purchase brings Strategy's total Bitcoin treasury to an astounding 712,647 BTC. This sum represents a significant 3.2% of Bitcoin's total fixed supply of 21 million coins. To fund these significant acquisitions, Strategy strategically taps into capital markets, utilizing at-the-market sales of its Class A common stock and perpetual preferred shares. The company's total outlay for its Bitcoin stash now stands at roughly $54.2 billion, at an average acquisition price of about $76,037 per Bitcoin. At current market prices, these holdings are valued near $62.5 billion, reflecting substantial unrealized gains.
Unrivaled Market Dominance
Strategy stands alone as the largest publicly listed company by Bitcoin holdings. Its impressive 712,647 BTC dwarfs the holdings of other public entities, which typically possess only tens of thousands of Bitcoin. This dominance is further underscored by the fact that Strategy alone accounts for well over half of all Bitcoin held by the top 100 publicly listed firms combined, which collectively control just over 1.13 million BTC. This makes Strategy not just a significant investor, but a foundational pillar in the institutional adoption of Bitcoin, continually extending its lead over competitors.
