Bitcoin reserve company Strategy has purchased an additional 4,980 Bitcoin, bringing its total holdings to 597,325 BTC. The latest acquisition reinforces Strategy's position as the world's largest publicly traded corporate Bitcoin holder.
Details of the Latest Bitcoin Purchase
- Amount: 4,980 BTC ($531.9 million)
- Average Price: $106,801 per Bitcoin
- Total Holdings: 597,325 BTC ($64+ billion valuation)
- Funding Source: Strategy's well-known at-the-market (ATM) equity offering program
The purchase forms part of the company's "42/42" plan - an $84 billion financing strategy to continuously accumulate Bitcoin through 2027. Funds were raised through:
- Common stock (MSTR) sales
- New preferred stock offerings (STRK and STRF)
👉 Why are corporations buying Bitcoin?
Bitcoin Price Projections
Strategy Executive Chairman Michael Saylor recently proposed at the Prague Bitcoin Conference that Bitcoin's price could reach $21 million within 21 years. This long-term outlook explains the company's aggressive accumulation strategy.
Current metrics:
- Average Purchase Price: $70,982 per BTC
- Unrealized Gains: $21+ billion
Corporate Bitcoin Adoption Trends
According to BitcoinTreasuries.net:
- 140+ public companies now hold Bitcoin on their balance sheets
- Strategy's closest competitor (MARA Holdings) holds about 1/10th of their BTC reserves
- Corporate crypto adoption has surged in recent years as Bitcoin becomes an institutional reserve asset
Market reaction:
- Strategy's stock (MSTR) rose 2% following the news
- Year-to-date gains exceed 35%
FAQ: Corporate Bitcoin Reserves
Q: Why do companies hold Bitcoin?
A: Corporations view Bitcoin as a hedge against inflation and a long-term store of value with appreciating potential.
Q: How does Strategy fund its Bitcoin purchases?
A: Primarily through equity offerings and their ATM program, avoiding debt financing.
Q: What percentage of Bitcoin's supply do corporate reserves represent?
A: Corporate holdings currently represent about 2.85% of Bitcoin's total 21 million supply.
Q: Is Bitcoin too volatile for corporate balance sheets?
A: While volatile, companies like Strategy view short-term price fluctuations as insignificant compared to long-term potential.
👉 How to invest in Bitcoin like institutions
The continued institutional adoption demonstrates growing confidence in Bitcoin's role as a corporate treasury asset. As Strategy's aggressive accumulation shows, major players are positioning for what they believe will be significant future appreciation.