Strategy just added to its massive Bitcoin pile. The company marked five years of consistently buying Bitcoin by picking up another 155 tokens. This latest purchase cost around $18 million. It happened between August 4 and August 10. The average price for these new coins was $116,401 each.
This isn’t just another buy for Strategy, formerly known as MicroStrategy. It’s a big anniversary. Exactly five years ago, on August 11, 2020, they made their first Bitcoin move. Back then, they spent $250 million to buy 21,454 Bitcoins. This was a groundbreaking decision for a major public company. No one else had put Bitcoin on its balance sheet like that before.
Before this bold step, MicroStrategy’s stock had been flat for two decades. The dot-com bust really hit them hard, as noted by CoinDesk. But since August 2020, their stock, MSTR, has soared. It’s up by roughly 2,600%. Bitcoin itself has seen a jump of slightly under 1,000% in the same period, according to Google Finance data.
Where does Strategy get the cash for all these Bitcoin buys? They’ve raised a huge amount of money, about $46 billion. This came from selling convertible debt, special preferred shares, and regular company stock. The recent $18 million purchase was funded by proceeds from selling their Strife (STRF) and Stretch (STRC) perpetual preferred shares, according to a regulatory filing.
Strategy has acquired 155 BTC for ~$18.0 million at ~$116,401 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 8/10/2025, we hodl 628,946 acquired for ~$46.09 billion at ~$73,288 per bitcoin. https://t.co/bx0814RI1w
— Michael Saylor (@saylor)
Strategy Now Holds 3% of Total Bitcoin Supply
Strategy now holds a staggering 628,946 Bitcoins. That’s a lot of digital gold. At a Bitcoin price of $120,400 at the time of editing, their Bitcoin stash is worth about $75 billion. This amount of Bitcoin is equal to approximately 3% of the total supply of 21 million Bitcoins that will ever exist.
They bought all this Bitcoin for an average cost of around $74,000 per coin. This means the company is sitting on huge unrealized gains. Those gains are about $30 billion, or 65% of their initial investment. Strategy has not sold a single Bitcoin in five years. This shows their strong belief in the digital currency.
Michael Saylor, the company’s executive chairman, is a big believer. He hinted at the latest purchase on social media on Sunday. He told his 4.5 million followers on X, “If you don’t stop buying Bitcoin, you won’t stop making Money.” For Saylor, this anniversary confirms his view that Bitcoin is the best way to keep value over the long haul.
If you don’t stop buying Bitcoin, you won’t stop making Money. pic.twitter.com/G9S2gPO1t8
— Michael Saylor (@saylor)
Strategy isn’t alone in holding Bitcoin, but they are certainly the corporate leader. Data from Bitcoin Treasuries shows 151 public companies have now adopted some form of Bitcoin acquisition model. MARA Holdings, a Bitcoin mining company, is second with 50,639 BTC. XXI, backed by Cantor Fitzgerald and Tether, holds 43,514 BTC, placing them third.
Strategy’s stock (MSTR) closed Friday down 1.7% at $395.13. However, it jumped over 2% in pre-market trading on Monday. The market seems to react positively to their continued commitment to Bitcoin.
Sources:
Regulatory Filing
Michael Saylor’s X Post
Bitcoin Treasuries Data