Strategy’s Bitcoin Holdings Reach 3% of Total Supply

Michael Saylor’s company has added 3,081 BTC to its treasury, cementing its position as the largest corporate Bitcoin holder with more than 632,000 BTC under management.

Michael Saylor’s Bitcoin playbook shows no signs of slowing down. His company, Strategy, revealed in a regulatory filing on August 25 that it acquired an additional 3,081 BTC between August 18 and August 24, spending approximately $356.9 million at an average price of $115,829 per coin. The move highlights the firm’s continued conviction in Bitcoin even as the asset trades above six figures.

A Treasury Built on Bitcoin

With this latest purchase, Strategy’s total Bitcoin reserves now stand at 632,457 BTC, equivalent to roughly 3% of the entire circulating supply. Based on filings, the company has spent around $46.5 billion in total, giving it an average acquisition cost of $73,527 per BTC.

This milestone strengthens Strategy’s role as the world’s largest corporate Bitcoin holder—surpassing not just private rivals but also the sovereign reserves of many nations. By putting Bitcoin at the center of its balance sheet, the company has become a global reference point for corporate treasury management in the digital asset era.

The new acquisitions were financed through proceeds from the firm’s at-the-market (ATM) equity offerings, which include several preferred stock classes traded on Nasdaq under tickers such as MSTR, STRK, STRF, STRD, and STRC.

Strong Performance in 2025

The company also highlighted its Bitcoin portfolio’s 25.4% year-to-date yield in 2025, attributing the success to its long-term accumulation strategy. By steadily dollar-cost averaging across market cycles, Strategy has lowered its average purchase price while positioning itself to benefit from Bitcoin’s sharp rallies.

Saylor and his management team have consistently framed Bitcoin not only as a growth asset but also as a hedge against inflation and currency devaluation. The firm’s approach blends long-term conviction with tactical buying during price swings, enabling it to capture upside during Bitcoin’s latest bull run.

Institutional Confidence in Bitcoin

The timing of this purchase underscores continued institutional appetite for Bitcoin. Despite trading above $100,000, the cryptocurrency remains in demand from corporations, investment funds, and ETFs. Strategy’s relentless buying is now viewed as both a market signal and a case study in corporate adoption of digital assets.

According to data from BitcoinTreasuries, 302 entities now hold Bitcoin, including 173 public companies. While peers such as MARA Holdings, Metaplanet, and Trump Media have entered the market, none come close to Strategy’s staggering holdings. Its balance sheet dominance ensures that every new filing is closely monitored by both investors and regulators.

Broader Implications for the Market

Strategy’s accumulation strategy reflects a broader shift in how corporations perceive Bitcoin. Once dismissed as a speculative asset, Bitcoin is increasingly treated as a core reserve holding for forward-thinking enterprises. For many analysts, Strategy’s scale of commitment signals that Bitcoin’s role in the global financial system is expanding beyond the retail and ETF landscape.

For the crypto market, the company’s moves also serve as a confidence boost. Institutional-scale acquisitions reinforce the narrative that Bitcoin is entering the mainstream as a legitimate, long-term store of value.

The Road Ahead

As Bitcoin’s price continues to fluctuate, Strategy’s filings remain one of the most closely watched indicators of institutional positioning. With more than 632,000 BTC in its treasury, the firm wields unmatched influence in the corporate Bitcoin space. Each new acquisition not only strengthens its balance sheet but also shapes broader market sentiment.

The firm’s aggressive posture raises both opportunities and risks. On one hand, Strategy is uniquely positioned to benefit from further Bitcoin adoption and price appreciation. On the other, its heavy concentration in a single asset ties the company’s financial health to Bitcoin’s volatile cycles.

Still, Saylor’s unwavering approach reflects a clear thesis: Bitcoin is not just another asset but a generational bet on the future of money. Whether this strategy proves visionary or risky over the long run, its impact on the cryptocurrency landscape is undeniable.

With 632,457 BTC now under its control, Strategy has redefined what corporate treasury management looks like in the digital age—turning Bitcoin from an alternative investment into the foundation of a multi-billion-dollar balance sheet.