Crypto: Michael Saylor’s Strategy Tops 700,000 Bitcoin After $2.1b Purchase
Strategy acquired 22,305 BTC last week at about $95,284 per coin, lifting its holdings to 709,715 BTC.
Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, blasted past 700,000 BTC in holdings with its latest large-scale purchase.
Strategy bought 22,305 Bitcoin (BTC) for $2.13 billion last week, according to a US Securities and Exchange Commission filing on Monday.
The purchases were made at an average price of $95,284 per BTC, with Bitcoin briefly rising past $97,000 on Wednesday, according to CoinGecko data.
The acquisition brought Strategy’s total Bitcoin holdings to 709,715 BTC, purchased for about $53.92 billion at an average price of $75,979 per coin.
Strategy’s latest Bitcoin acquisition marks a sharp acceleration in buying pace compared with most of 2025, and is the company’s largest purchase since February last year, when it bought 20,356 BTC for around $2 billion.
The company announced a 13,627 BTC ($1.3 billion) purchase on Jan. 12, which had been its largest Bitcoin acquisition since July last year.
The purchase came amid a slight uptick in Strategy shares (MSTR), with the stock surging past $185 on Wednesday, coinciding with Bitcoin’s multi-month high of above $97,000, according to TradingView data.
The surge also followed Morgan Stanley Capital International’s (MSCI) decision not to exclude digital treasury companies from its market index in early January.
In acquiring 709,715 BTC, Strategy now holds about 3.37% of the total 21 million BTC supply, and 3.55% of the 19.98 million BTC currently in circulation, according to data from Blockchain.com.
Source: CoinTelegraph