Strategy has amassed over 843,738 BTC, valued at $65 billion, marking significant institutional investment in cryptocurrency.
Software firm Strategy, which has transitioned into a Bitcoin treasury company, has successfully acquired over 843,738 BTC, valued at approximately $65 billion, equating to roughly 4% of Bitcoin's total supply. This initiative, which began to enhance shareholder value, has become a significant trend among public companies venturing into cryptocurrency.
Co-founder Michael Saylor is resolute in his Bitcoin investment philosophy, pledging to keep buying regardless of price fluctuations, which has pushed up the firm's average acquisition cost to over $75,700 per coin—significantly higher than initial purchases.
Notable transactions include:
1) Largest Purchase: 55,500 BTC on November 25, 2024
Average cost: $97,862
Total expenditure: $5.4 billion
This marked Strategy's most substantial Bitcoin buy. Following the announcement, Bitcoin's price fell about 4%, dipping below $94,000.
MicroStrategy has acquired 55,500 BTC for ~$5.4 billion at ~$97,862 per Bitcoin. — Michael Saylor (@saylor) November 25, 2024
2) Second Major Acquisition: 51,780 BTC on November 18, 2024
Average cost: $88,627
Total expenditure: $4.6 billion
One week prior to the largest purchase, this acquisition brought total holdings to 331,200 BTC, contributing to Bitcoin's surge to a new all-time high shortly afterward.
3) Third Acquisition: 34,200 BTC on April 20, 2026
Average cost: $74,395
Total expenditure: $2.54 billion
This addition elevated total holdings to over 815,000 BTC, and Bitcoin's price saw a slight increase post-announcement.
4) Fourth Purchase: 29,646 BTC on December 21, 2020
Average cost: $21,925
Total expenditure: $650 million
During a market rally, this purchase had minimal price impact, marginally increasing the following day.
5) Fifth Acquisition: 27,200 BTC on November 11, 2024
Average cost: $74,463
Total expenditure: $2.03 billion
Following a presidential election, this purchase coincided with a significant price spike.
6) Sixth Purchase: 24,869 BTC on May 18, 2026
Average cost: $80,985
Total expenditure: $2.01 billion
This acquisition was financed through preferred stock and saw a price decline soon after the announcement.
7) Seventh Acquisition: 22,337 BTC on March 16, 2026
Average cost: $70,194
Total expenditure: $1.57 billion
This purchase was funded similarly through preferred stock offerings and was made as Bitcoin was trading just above $75,000 at the time of announcement.
This extensive purchasing spree by Strategy showcases the growing trend of institutional investment in Bitcoin despite fluctuating market conditions.
