Michael Saylor's Bitcoin purchasing strategy increased his holding by 155 units, valued at approximately $18 million, moving him closer to holding 3% of all the existing Bitcoin.
In the ever-evolving world of cryptocurrency, a significant shift has taken place. Michael Saylor's company, Strategy, has emerged as the largest corporate Bitcoin holder, holding over 629,000 Bitcoin, which represents more than 3% of the total Bitcoin supply [1][4].
This aggressive Bitcoin acquisition strategy, primarily executed through capital markets transactions, including issuing stock and debt, has allowed Strategy to amass a substantial portfolio. The average purchase price for these Bitcoins stands at approximately $73,320, a figure that has proven lucrative given the fluctuating Bitcoin prices in 2025 [4].
The company's Bitcoin holdings currently hold an estimated value of over $74 billion [4]. In terms of unrealized gains, Strategy is sitting on a staggering $30 billion, approximately 60% of the total value of its Bitcoin holdings [3].
When compared to other corporate Bitcoin holders, Strategy's Bitcoin accumulation dwarfs the next ten largest corporate holders combined, positioning it as a dominant and pioneering example of the corporate Bitcoin treasury model [3].
Recently, Strategy has increased its capital management flexibility by lowering restrictions on stock issuance to raise funds, responding to market and investor demand pressures [5]. This move has allowed the company to raise $13.6 million from STRF shares recently [6].
The latest addition to Strategy's Bitcoin holdings was made between August 4 and 10, with the company purchasing another 155 Bitcoin at an average price of $116,401 per coin, totalling around $18 million [7].
Despite this impressive growth, Strategy still has a significant funding capacity left, with more than $47 billion available under its various stock offerings [8]. The total worth of Strategy's Bitcoin holdings currently stands at approximately $76 billion [9].
This strategic move by Strategy has not gone unnoticed, with some analysts expressing concerns about the company's premium-to-NAV valuation. However, others point to its low debt and no repayments until 2028, with Michael Saylor claiming the company could survive a 90% drop in Bitcoin's price for up to five years [10].
In summary, Strategy's Bitcoin acquisition plan and unrealized gains far exceed those of any other corporate Bitcoin holders as of mid-2025, underlining its unique role and scale in the institutional Bitcoin ecosystem [1][2][3][4][5].
| Aspect | Strategy (Michael Saylor’s Company) | Other Corporate Holders | |----------------------------------|-------------------------------------------------------------|-----------------------------------------------| | Bitcoin holdings | Over 629,000 BTC (largest corporate holder) | Significantly smaller, often tens of thousands BTC each | | % of total Bitcoin supply | >3% | Much less, often below 0.1% | | Average purchase price | About $73,320 per BTC (across all buys) | Varies, generally lower volume and price diversity | | Current BTC value (Q2 2025) | Over $74 billion | Much smaller portfolios, billions or less | | Unrealized gains | Over 60%, approx. $28+ billion | Typically lower or less well-documented | | Acquisition strategy | Aggressive, using stock and debt markets, including high-price buys | More conservative or passive, less integrated capital markets strategy | | Capital strategy flexibility | Recently increased, allowing equity issuance below prior premium thresholds | Varies, mostly less flexible |
[1] Coindesk
[2] Cointelegraph
[3] Bloomberg
[4] Business Insider
[5] Reuters
[6] MarketWatch
[7] CoinDesk
[8] CNBC
[9] Forbes
[10] The Wall Street Journal
- In the realm of technology and finance, Strategy, under the leadership of Michael Saylor, has diversified its investment portfolio, opting for stocks and debt markets to acquire stacks of Bitcoin.
- The average price of these Bitcoin purchases stands at approximately $73,320, a strategic move that has yielded significant unrealized gains of over $30 billion, approximately 60% of the total value of Strategy's Bitcoin holdings.
- Despite the dominance of Strategy in the corporate Bitcoin ecosystem, the company still maintains a substantial funding capacity of over $47 billion, demonstrating its continuous interest in exploring options within the world of stocks and cryptocurrencies.
