Strategy, the company formerly known as MicroStrategy, just can’t seem to quit its Bitcoin shopping habit, especially on a Monday. The business treasury firm recently announced it dropped nearly $99.7 million to snag another 850 BTC. This move boosts their total Bitcoin stash even higher.
Michael Saylor, the company’s co-founder and executive chairman, shared the news on X. He pointed out the average price for this latest batch of Bitcoin was $117,344 per coin. He also made sure to file all the necessary paperwork with the Securities and Exchange Commission (SEC). This recent buying spree happened between September 15 and 21. It now brings Strategy’s total Bitcoin holdings to a massive 639,835 BTC, currently worth about $72.3 billion.
Strategy has a knack for telling everyone about its Bitcoin buys at the start of each week. This newest purchase follows a $60 million investment just last Monday, which added 525 BTC to their corporate balance sheet. This marks the seventh week in a row the company has added Bitcoin to its reserves. To pay for these acquisitions, Strategy used money from selling its Class A common stock, MSTR, and its perpetual preferred stock from Strife, STRF.
Strategy Keeps Piling Up Bitcoin for the 7th Straight Week
Saylor hinted at the latest purchase on social media the day before, a recent tradition for him. "The orange dots go up and to the right," he wrote on X, referring to a chart showing Strategy’s growing Bitcoin holdings.
https://x.com/saylor/status/1967559553090003246
Strategy’s nearly 640,000 BTC now represent over 3% of Bitcoin’s total supply of 21 million coins. The company has spent an average of $47.33 billion to acquire these, at an estimated average price of $73,971 per Bitcoin. This means they are sitting on roughly $25 billion in unrealized profits right now.
The company kicked off its Bitcoin buying spree in 2020 and hasn’t sold a single coin since. This pioneering move has inspired 185 other public companies around the globe to follow suit. Together, these companies now hold more than 1,000,000 BTC.
Saylor also mentioned the company has seen a 26% return on its Bitcoin investment in 2025. This is better than the 10% return its MSTR stock has seen year-to-date. MSTR shares started lower on Monday, falling 4.23% to $330. This extends its losses to 7.8% over the past month, according to Google Finance data at the time of this article’s writing.
This dip in Strategy’s stock aligns with a wider downturn in the crypto market. Bitcoin itself dropped below $113,000, down 2.5% in the last 24 hours, as per CoinGecko. Its year-to-date gain is currently only 20%.
In related news this Monday, Japanese company Metaplanet announced a Bitcoin purchase worth $632 million. This move boosted its total crypto holdings to 25,555 BTC, making Metaplanet the 5th largest public corporate holder of Bitcoin globally. Strategy still leads the pack, with MARA Holdings, XXI, and Bitcoin Standard Treasury Company rounding out the top spots.
https://x.com/saylor/status/1969738824965079419
Sources:
- X post from Michael Saylor: https://x.com/saylor/status/1967559553090003246
- X post from Michael Saylor: https://x.com/saylor/status/1969738824965079419
- Bitcoin Treasuries: https://bitcointreasuries.net/
- Google Finance
- CoinGecko