Strategy Strengthens Its Position as the Largest Corporate Bitcoin Holder
Strategy, formerly known as MicroStrategy, has reinforced its dominance as the world’s largest Bitcoin treasury. According to a recent SEC filing, the company purchased an additional 390 BTC between October 20 and October 26, spending approximately $43.4 million at an average price of $111,117 per Bitcoin.
With this latest purchase, Strategy’s total Bitcoin holdings have climbed to 640,808 BTC, currently valued at around $74 billion. This represents more than 3% of Bitcoin’s total circulating supply, positioning Strategy as the most significant institutional holder of Bitcoin globally.
The firm’s paper gains now exceed $26.6 billion based on current market prices. The latest acquisitions were financed through at-the-market (ATM) sales of its perpetual preferred stock programs — STRK, STRF, STRD, and STRC. These transactions form part of the company’s broader “42/42” Bitcoin accumulation plan, which aims to deploy up to $84 billion in capital by 2027 to grow its Bitcoin reserves further.
Growing Corporate Interest in Bitcoin Holdings
According to data from Bitcoin Treasuries, a growing number of public companies are adding Bitcoin to their balance sheets. As of now, 190 public firms hold Bitcoin as part of their treasury strategy.
Following Strategy, the top institutional Bitcoin holders include Marathon Digital (MARA), Twenty One, Metaplanet, Adam Back’s firm, and the Cantor Fitzgerald-backed Bitcoin Standard Treasury Company. This trend reflects a continued surge in corporate confidence in Bitcoin as a strategic reserve asset.
Strategy’s aggressive accumulation underscores its long-term conviction in Bitcoin’s potential as “digital gold,” further cementing its reputation as a pioneer in institutional Bitcoin adoption.
