Strategy Marks Fifth Anniversary of Bitcoin Strategy With $18M Purchase
Michael Saylor’s firm adds 155 BTC as total holdings surpass 628,900 Bitcoin
Strategy, led by Bitcoin advocate Michael Saylor, has added another $18 million worth of Bitcoin to its treasury in celebration of the fifth anniversary of its BTC accumulation strategy. The purchase, totaling 155 BTC, brings the company’s holdings to an impressive 628,946 BTC, according to a recent U.S. Securities and Exchange Commission filing.
The latest acquisition was made at an average price of $116,401 per coin, with Bitcoin starting the week near $114,000 and approaching all-time highs of around $122,000 by Sunday, based on CoinGecko data. In total, Strategy’s Bitcoin stash now represents an investment of approximately $46.1 billion, acquired at an average price of $73,288 per BTC.
Five Years Since First Bitcoin Purchase
Strategy first entered the Bitcoin market on August 11, 2020, committing $250 million to purchase 21,454 BTC. Since then, the company has executed 74 separate acquisitions, steadily building one of the largest Bitcoin treasuries in the world. The value of Bitcoin has risen more than 960% over that period, climbing from around $11,400 to approximately $120,000 at the time of writing.
Despite the rapid price appreciation, Strategy has maintained its aggressive buying stance. “If you don’t stop buying Bitcoin, you won’t stop making money,” Saylor commented on X, reinforcing his unwavering belief in BTC’s long-term potential. In late 2024, he pledged to continue buying regardless of market conditions, even predicting Bitcoin could reach $21 million per coin within the next 21 years.
A Relatively Small Purchase by Strategy’s Standards
While the $18 million buy is significant by most measures, it is modest for Strategy, especially compared to its July 2024 acquisition of 21,021 BTC in a single transaction. The latest purchase is one of the smallest in the company’s history, though not the smallest.
In March 2024, Strategy acquired just 130 BTC for $10.7 million, marking its lowest purchase by volume. By dollar value, the smallest was a $5 million purchase of 155 BTC in November 2023. Still, even these smaller buys contribute to the company’s overarching strategy of persistent accumulation, regardless of price or market sentiment.
With Bitcoin trading near record highs, Strategy’s continued acquisitions signal a clear vote of confidence in the cryptocurrency’s long-term value proposition. The firm’s relentless buying over the past five years has cemented its position as the largest public Bitcoin holder globally – and there are no signs of slowing down.
