Saylor Signals Another Bitcoin Buy
Strategy co-founder Michael Saylor has hinted that the company will soon add to its Bitcoin holdings, as BTC trades around $117,000. The price is down from its recent all-time high above $124,000.
Earlier this week, Strategy purchased 155 BTC for $18 million, lifting its total stash to 628,946 BTC worth over $74.2 billion. Data from SaylorTracker shows the firm’s unrealized gains exceed $28 billion, with holdings up more than 60% from initial purchases.
Bitcoin Remains the Focus Despite Altcoin Treasuries
While some companies are experimenting with altcoin treasuries, Saylor is unfazed. “I still think the vast majority of the capital flowing into the space is flowing into Bitcoin,” he said in an August interview with Bloomberg.
The number of firms holding Bitcoin has grown rapidly, with 160 companies now allocating to BTC, up from just 60 earlier this year. Saylor insists Strategy’s focus will remain solely on Bitcoin.
Accelerated Buying Since 2024 Election
Strategy has more than doubled its Bitcoin holdings since President Donald Trump’s election in November 2024, acquiring 376,726 BTC in just nine months. This pace dwarfs its early accumulation, which took over four years to reach 252,220 BTC.
Since launching its Bitcoin treasury strategy in 2020, the company’s share price has surged nearly 2,600% in five years, attracting institutional and retail investors alike.
Largest Corporate Holder of Bitcoin
According to BitcoinTreasuries data, Strategy’s 628,946 BTC makes it the largest corporate holder worldwide. The company now owns more Bitcoin than the top 10 corporate treasuries combined, cementing its dominant position in the market.
