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Strategy Now’s Bitcoin Holdings Hit $65 Billion

Strategy Now’s Bitcoin Holdings Hit $65 Billion

Strategy Now, the company focused on bitcoin treasury management, disclosed this week that its holdings have reached $65 billion. The figure, confirmed in a public filing, marks the largest bitcoin position held by any publicly traded company.

The announcement

The $65 billion valuation is based on current market prices and reflects the company’s ongoing accumulation. Strategy Now did not provide details on the timing of recent purchases or the average entry price.

With $65 billion in bitcoin, Strategy Now’s corporate treasury is heavily weighted toward the cryptocurrency. The company has not signaled any intention to sell, maintaining its long-term holding strategy.

Next steps

The company is expected to provide an update on its treasury strategy during its next quarterly earnings call, scheduled for early June. Investors will be watching for any changes in approach or new targets.