Strategy’s Bitcoin Treasury Hits 640,418 BTC After $18.8M Purchase – Here’s What You Need to Know
- The $47 Billion Bitcoin Bet: Strategy’s Treasury by the Numbers
- From Business Intelligence to Bitcoin Behemoth
- Why Strategy’s Stock Moves Like Leveraged Bitcoin
- The Buying Strategy: Rain or Shine
- 3% of All Bitcoin That Will Ever Exist
- FAQs About Strategy’s Bitcoin Holdings
Strategy Inc., the world’s largest corporate bitcoin holder, has expanded its treasury to 640,418 BTC after a recent $18.8 million purchase. The company’s aggressive accumulation strategy, led by CEO Michael Saylor, now controls roughly 3% of Bitcoin’s total supply. This deep dive explores Strategy’s financial maneuvers, market impact, and why Wall Street can’t ignore this $70B+ crypto bet.
The $47 Billion Bitcoin Bet: Strategy’s Treasury by the Numbers
Strategy Inc. just added 168 BTC to its massive holdings, spending $18.8 million at approximately $112,051 per Bitcoin. This latest purchase brings their total stash to 640,418 BTC – worth about $70-80 billion at current prices. What’s staggering is their average buy-in: $74,010 per coin, meaning they’re sitting on over $25 billion in unrealized gains.
Source: Strategy’s SEC filings
From Business Intelligence to Bitcoin Behemoth
Remember when Strategy was just another business software company? Those days are long gone. Under Michael Saylor’s leadership, they’ve morphed into what’s essentially a Bitcoin holding company with a side of analytics. Their playbook? Raise capital through stock offerings and convertible debt, then immediately convert it to BTC. As Saylor quipped in a recent interview, “We might have $20 million exposure at 4 pm, and by 6 pm we’re fully loaded with Bitcoin.”
Why Strategy’s Stock Moves Like Leveraged Bitcoin
Here’s where it gets spicy – Strategy’s stock (MSTR) has become a rollercoaster mirroring Bitcoin’s volatility. During October’s crypto rally when BTC hit $125K, MSTR shares jumped 6% in a single day. But when Bitcoin crashed to $110K days later? The stock got wrecked, plummeting from $355 to $283. It’s like holding a Bitcoin ETF on steroids – triple-digit returns during bull runs, but brutal drawdowns when crypto winter comes.
The Buying Strategy: Rain or Shine
Despite market turbulence, Strategy keeps stacking sats. They’ve slowed their pace slightly (investors noticed), but still pounce on dips. Just last weekend, they grabbed 219 BTC worth $24 million. Their secret sauce? Saylor’s belief that Bitcoin’s expected returns outpace their capital costs. With a 26% Bitcoin yield year-to-date in 2025, can you blame them?
3% of All Bitcoin That Will Ever Exist
Let that sink in – one company controls 3% of the entire 21 million Bitcoin supply. That’s more than many S&P 500 companies’ market caps. While critics call it reckless, Strategy’s conviction is unwavering. As crypto markets gyrate, one thing’s certain: Michael Saylor isn’t hitting the sell button anytime soon.
FAQs About Strategy’s Bitcoin Holdings
How much Bitcoin does Strategy currently hold?
As of October 20, 2025, Strategy holds 640,418 BTC acquired for approximately $47.40 billion at an average price of $74,010 per Bitcoin.
Why does Strategy’s stock fluctuate so dramatically?
MSTR stock behaves like Leveraged Bitcoin because the company’s value is now primarily tied to its BTC holdings rather than its original business intelligence operations.
What’s Strategy’s Bitcoin investment strategy?
The company continuously raises capital through equity/debt offerings and converts it to Bitcoin, believing BTC’s returns will exceed their capital costs long-term.
How does Strategy’s Bitcoin accumulation affect the market?
As the largest corporate holder, their massive purchases can impact Bitcoin’s liquidity and price discovery, especially during periods of heavy accumulation.
