The company recently added 155 BTC, bringing its holdings to nearly 629,000 BTC worth over $74 billion. After pioneering the corporate Bitcoin treasury model in 2020, Strategy became the largest BTC holder, surpassing the next ten firms combined. Saylor is also very much still focused on Bitcoin despite the rising interest in altcoin treasuries.
Michael Saylor Eyes More Bitcoin
Michael Saylor, the co-founder of Strategy, hinted at yet another major Bitcoin purchase by the company as the crypto trades just below its all-time high of over $124,000. Earlier this week, Strategy added 155 BTC worth $18 million to its holdings, bringing its total to 628,946 BTC valued at more than $74.2 billion. According to SaylorTracker, the firm is sitting on more than $28 billion in unrealized gains, with its Bitcoin investment up more than 60% overall.
After pioneering the Bitcoin corporate treasury model in 2020, Strategy became the largest corporate holder of BTC. It is also often seen as a proxy investment by institutions unable to hold the asset directly and by retail investors unwilling to self-custody. The company’s stash now surpasses the combined holdings of the next ten largest Bitcoin treasury firms.
Saylor seems unfazed by the emergence of altcoin treasury companies, mostly due to the fact that the overwhelming majority of capital continues to flow into Bitcoin. He pointed out that the number of firms adopting Bitcoin on their balance sheets surged from about 60 to 160 in just six months, which is a sign of growing institutional adoption.
The pace of Strategy’s accumulation accelerated dramatically since Donald Trump’s election in November of 2024. In only nine months, the company bought 376,726 BTC, compared to the four years it previously took to amass 252,220 BTC. This aggressive buying strategy also fueled Strategy’s stock performance, which rose by close to 2,400% over the past five years.
