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Strategy Nears 500K BTC With $10.9M Bitcoin Buy — Largest Corporate Holder Increases its Treasury with 130 BTC

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Strategy has acquired an additional 130 BTC for approximately $10.9 million, increasing its total Bitcoin holdings to 499,226 BTC. The acquisition was made at an average price of around $83,000 per BTC, bringing the company’s total Bitcoin holdings to an estimated value of $41.5 billion based on current market prices.

The acquisition aligns with Strategy’s long-standing Bitcoin-focused treasury strategy. The company began accumulating Bitcoin in 2020 and has consistently increased its holdings despite market volatility. CEO Michael Saylor has described Bitcoin as “digital gold” and emphasized its decentralized nature and scarcity as key factors in its long-term value proposition.

Doubling Down on Crypto Strategy

Strategy‘s total Bitcoin holdings now account for approximately 2.38% of the total Bitcoin supply, solidifying its position as the largest corporate holder of Bitcoin globally. The company has funded its purchases through low-interest debt and bond issuances.

Despite concerns about exposure to Bitcoin’s volatility, Strategy’s leadership maintains confidence in Bitcoin’s long-term growth potential. Saylor reiterated that Bitcoin remains the company’s core treasury asset, saying, “Our strategy is simple: accumulate and hold Bitcoin for the long term.”

The latest acquisition reflects growing corporate interest in Bitcoin as a strategic asset and signals continued confidence in the asset’s future value.

 

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Toheeb Kolade
Toheeb Kolade
Toheeb is an insightful blockchain reporter with deep knowledge of cryptocurrencies. With years of experience in financial journalism, Toheeb covers the latest developments in blockchain technology, cryptocurrency trends, decentralized finance (DeFi), and regulatory updates. Known for breaking news and in-depth analysis, Toheeb brings new angles on how blockchain is transforming industries and changing the global economy. From uncovering market movements to providing expert commentary on new technologies, Toheeb is dedicated to keeping readers informed about the developments in blockchain-related topics.
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