Surprising $556M Bitcoin Buy Pushes Strategy's Holdings Past 538,000 BTC

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Strategy (formerly MicroStrategy) has acquired an additional 6,556 Bitcoins, bringing its total holdings to 538,200 BTC. The latest purchase, valued at $556 million, reinforces the company's aggressive Bitcoin accumulation strategy under Michael Saylor's leadership.

Key Details of the Purchase

Bitcoin as a Long-Term Treasury Asset

Michael Saylor has consistently advocated for Bitcoin as a corporate reserve asset since 2020. His strategy has yielded remarkable results:

👉 Discover how Bitcoin transforms corporate treasury strategies

Market Performance

Why Strategy's Bitcoin Bet Works

  1. Hodl Mentality: Unwavering commitment to long-term Bitcoin holding.
  2. Price Appreciation: Bitcoin's value growth directly boosts Strategy's balance sheet.
  3. Stock Correlation: MSTR shares have risen 163% in the past year alongside Bitcoin's rally.

Bitcoin Price Update

At press time, Bitcoin trades at $87,287.19, up 3% in 24 hours (Kraken data).


FAQs

1. How much Bitcoin does Strategy own?

Strategy holds 538,200 BTC, making it the largest corporate Bitcoin holder.

2. What is the average purchase price of Strategy's Bitcoin?

The average cost per Bitcoin is $84,785**, totaling **$47.03 billion at current prices.

3. How has MSTR stock performed since adopting Bitcoin?

MSTR delivered a 2,400% return since pivoting to Bitcoin, outperforming traditional assets.

4. Why does Strategy keep buying Bitcoin?

The company views Bitcoin as a hedge against inflation and a superior treasury asset.

👉 Learn why institutions are flocking to Bitcoin

5. What’s next for Strategy’s Bitcoin strategy?

Expect continued accumulation, especially during price dips, to strengthen its treasury position.