Michael Saylor’s strategy added more Bitcoin [BTC] to his property last week!
The company acquired 2,932 BTC for approximately $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 brought the total holdings to 712,647 BTC after another round of purchasing. That’s 3.2% of the total supply of 21 million BTC!
Source: sec.gov
The stock, bought at an average price of approximately $76,037 per bitcoin, this represents a total outlay of approximately $54.2 billion, including fees.
At current market prices, the assets are valued at almost $62.5 billion, so there are significant unrealized gains.
To finance the latest acquisitions, the company tapped the capital markets and raised money through the market sale of Class A common shares and perpetual preferred shares.
Even after last week’s sales, there remain billions of dollars of shares available under these programs, according to Strategy.
A story as old as time
As has become routine, Strategy’s latest Bitcoin buying spree was teased before being confirmed. said 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:
This purchase comes a week after Strategy revealed that it had purchased 22,305 BTC for approximately $2.1 billion. This was at an average price of $91,519 per coin.
The purchase brought the company’s total holdings at the time to 709,715 BTC and was the 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 company has the largest inventory among listed companies.
The next closest names (including MARA Holdings and Twenty One Capital) own a fraction of that amount, typically in the tens of thousands of Bitcoins.
Source: BitcoinTreasuries.net
In total the top 100 listed companies control together just over 1.13 million BTC. That means that Strategy alone accounts for more than half of all Bitcoin held by listed companies!
Final thoughts
- Strategy recently bought 2,932 Bitcoin, expanding its lead over other BTC government bonds.
- The company owns more than 50% of all publicly traded Bitcoin.