Michael Saylor's Strategy added another 24,869 bitcoin to its vault last week, spending $2.01 billion. The purchase, disclosed in a regulatory filing this week, lifts the company's total holdings to 843,738 BTC — a stash that keeps growing at a breakneck pace and now represents roughly 4% of all bitcoin that will ever exist.
STRC sales do the heavy lifting
About 97% of the $2.01 billion came from selling shares of Strategy’s own stock, ticker STRC. The approach has become Saylor’s signature move: raise equity, buy bitcoin, repeat. It lets the firm accumulate without taking on debt, though it does dilute existing shareholders with each new offering.
A billion-dollar pile
With 843,738 BTC, Strategy holds more than double the bitcoin of any other public company. At recent prices the trove is worth well over $70 billion, but the firm's average entry price is far lower. The buy was one of the largest single purchases in dollar terms this year, and it came during a week when bitcoin traded in a relatively tight range.
Still buying
Strategy hasn't signaled any slowdown. Another STRC offering is expected in the coming weeks, and the market will be watching for the next filing. Saylor has been clear: he intends to keep buying as long as the math works. For now, the bitcoin market has absorbed the purchase without major disruption, but each new buy adds pressure on supply — and the cumulative effect of Strategy's accumulation is getting harder to ignore.
