Strategy Now Holds $65 Billion in Bitcoin—These Are Its Biggest BTC Buys
Strategy, led by Michael Saylor, has accumulated over $65 billion in Bitcoin through a series of large purchases, making it the largest corporate holder of the cryptocurrency.
Strategy, the firm formerly known as MicroStrategy and led by executive chairman Michael Saylor, now holds over $65 billion in Bitcoin, making it the largest corporate holder of the cryptocurrency. The company's aggressive accumulation strategy has been a defining narrative in the crypto market, with each major purchase drawing attention from traders and investors.
Strategy's Bitcoin holdings were built through a series of large purchases over several years, starting in 2020. The firm has used a combination of equity offerings, convertible notes, and cash flow to fund its acquisitions. Notable buys include a $1.5 billion purchase in February 2025, a $1.1 billion acquisition in March 2025, and several multi-billion-dollar purchases in 2024. The company's average purchase price is estimated to be well below current market levels, resulting in substantial unrealized gains. For traders, the sheer size of Strategy's holdings means that any significant sale could impact Bitcoin's price, though Saylor has repeatedly stated the firm intends to hold long-term.
The implications for the crypto market are significant. Strategy's large-scale buying has historically coincided with bullish periods for Bitcoin, and its continued accumulation signals institutional confidence. However, the concentration of such a large amount of Bitcoin in one entity also raises concerns about centralization and market manipulation risks. Traders can monitor Strategy's Bitcoin purchases and their impact on price using NowPrice's live crypto dashboard. Looking ahead, market participants will watch for any changes in Strategy's acquisition pace or comments from Saylor about potential sales, as well as broader macroeconomic factors that could influence Bitcoin's price trajectory.