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Strategy Now Holds 709,715 BTC After $2.13B Bitcoin Purchase

20h05 ▪ 4 min read ▪ by Luc Jose A.
Getting informed Bitcoin (BTC)
Summarize this article with:

Michael Saylor scores another breakthrough. His company Strategy now holds more than 700,000 BTC after a massive purchase of 22,305 bitcoins for 2.13 billion dollars. An unprecedented milestone that confirms the company’s committed transformation into a true Bitcoin company. In a tense market, this move strengthens Saylor’s influence and repositions Strategy as a central player in the crypto ecosystem.

In an institutional reserve room, massive stacks of Bitcoins accumulate in a central vault, while others arrive via glowing financial rails under the watchful eyes of Strategy's representatives.

In brief

  • Michael Saylor, founder of Strategy, crosses a symbolic threshold with over 700,000 bitcoins held.
  • The company invested 2.13 billion dollars to acquire 22,305 BTC at an average price of 95,714 dollars per unit.
  • This operation was officially declared to the SEC, enhancing the transparency and visibility of the move.
  • Strategy now holds more than 3.3% of the total circulating supply of Bitcoin.

An official massive acquisition with the SEC

While the main crypto falls to $91,800, Strategy declared to the Securities and Exchange Commission on January 19 that it had acquired 22,305 bitcoins for a total of 2.13 billion dollars.

This new purchase brings the company’s total wallet to 709,715 BTC. Strategy now holds 709,715 BTC, acquired for approximately 4.84 billion dollars at an average price of 33,706 dollars per bitcoin.

The details of this operation mark a new stage in the evolution of Strategy’s positioning, with several notable elements :

  • The high average purchase price : each BTC was acquired at an average price of 95,714 dollars, a historic high for the company ;
  • The significant portfolio increase : the January purchase adds more than 22,000 BTC, the largest acquisition in several quarters ;
  • Direct communication from Saylor : the CEO continues to personally publicize announcements via his social networks, consolidating his image as an emblematic figure of Bitcoin maximalism ;
  • The strengthening of Strategy’s market status : with more than 3.3 % of the total BTC supply under management, the company establishes itself as a structural and essential player in the ecosystem.

A long-term strategy that redefines institutional standards

The current accumulation is not an isolated act but fits into a trajectory started in 2020, when Strategy, still known as MicroStrategy, initiated its first cash conversions into bitcoin.

Since then, the company has gradually strengthened its exposure, integrating BTC as a central asset of its financial strategy. The recent operation, although massive, therefore does not mark a turnaround but an assumed continuity. According to the regulatory filing, the bitcoins are held directly by the entity or through its subsidiaries, confirming the integration of this strategy into the group’s overall architecture.

This approach, often described by Saylor as a “digital reserve standard”, contrasts with the wait-and-see approach of other listed companies. However, it raises a series of questions regarding governance and associated risks.

Indeed, the MSTR stock price remains strongly correlated with bitcoin fluctuations, exposing shareholders to volatility far higher than that of a typical tech company. This peculiarity could, in the long run, force other companies to clarify their positions regarding cryptos.

With this new acquisition, Strategy confirms its trajectory as a committed crypto leader. In this context, MSCI’s decision to extend the reprieve for crypto companies offers additional room to maneuver. It remains to be seen if this tolerance will last, as regulatory and financial pressures intensify around giants exposed to bitcoin.

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Luc Jose A. avatar
Luc Jose A.

Diplômé de Sciences Po Toulouse et titulaire d'une certification consultant blockchain délivrée par Alyra, j'ai rejoint l'aventure Cointribune en 2019. Convaincu du potentiel de la blockchain pour transformer de nombreux secteurs de l'économie, j'ai pris l'engagement de sensibiliser et d'informer le grand public sur cet écosystème en constante évolution. Mon objectif est de permettre à chacun de mieux comprendre la blockchain et de saisir les opportunités qu'elle offre. Je m'efforce chaque jour de fournir une analyse objective de l'actualité, de décrypter les tendances du marché, de relayer les dernières innovations technologiques et de mettre en perspective les enjeux économiques et sociétaux de cette révolution en marche.

DISCLAIMER

The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.