Michael Saylor’s company, Strategy, has made headlines once again after purchasing 21,021 Bitcoin (BTC) for around $2.46 billion. This announcement was shared by Saylor himself on X (formerly Twitter), where he revealed that the company paid an average price of $117,256 per bitcoin.
Strategy has acquired 21,021 BTC for ~$2.46 billion at ~$117,256 per bitcoin and has achieved BTC Yield of 25.0% YTD 2025. As of 7/29/2025, we hodl 628,791 $BTC acquired for ~$46.08 billion at ~$73,277 per bitcoin. $MSTR $STRK $STRF $STRD $STRC https://t.co/PEQQGfvkYe
— Michael Saylor (@saylor) July 29, 2025
Notably, according to data from the purchases page of Strategy’s official website, this purchase is one of the highest amounts the company has spent on a weekly BTC acquisition since adopting BTC as a reserve asset in August 2020.
Strategy’s BTC Purchases Continue
With this latest purchase, Strategy now owns a total of 628,791 BTC, solidifying its position as the world’s largest corporate BTC holder. Its holdings represent approximately 3% of bitcoin’s total supply, which is capped at 21 million coins. Moreover, since it started acquiring the apex coin almost five years ago, its average entry price now sits at around $73,277 per bitcoin.
Over the years, Strategy has spent $46.08 billion on BTC shopping. With BTC reaching its all-time high, the company would see about $31 billion in unrealized profits. However, since the leading crypto trades around $117,000 due to market volatility, Strategy’s bitcoin bag is worth $73.5 billion as the firm enjoys $27.5 billion in unrealized profits.
Earlier in 2025, the software company also made several other large recent purchases, including 1,045 BTC in June for $110 million, and a recent $740 million splash to scoop up 6,220 BTC. The company continued with smaller buys in some months. However, this steady buying pattern reflects its ongoing commitment to building the most extensive bitcoin treasury in human history.
$2.5B Secured Via STRC IPO
Recently, Strategy embarked on a $2.5 billion initial public offering (IPO) of its new Variable Rate Series A Perpetual Preferred Stock, STRC. From the outset, the firm planned to raise $500 million from the offering. Within a bit of time, it increased its target to $2 billion and $2.5 billion thereafter. Notably, this project was aimed at acquiring more funds for its strategic BTC reserve.
Consequently, upon completion on Tuesday, July 29, 2025, the firm used the proceeds to fund its latest BTC shopping spree. Remarkably, this shifted Strategy a little from its principle of announcing weekly purchases on Mondays, which it has followed for the most extended period now. This time, it made its latest acquisition announcement on Tuesday.
However, since the company holds so much Bitcoin, its financial health is now closely tied to the price of BTC, which is still a very volatile asset. Still, with this $2.46 billion buy, Strategy is showing no signs of slowing down.
Meanwhile, other companies are beginning to confidently match behind Strategy as publicly traded Smarter Web recently announced its acquisition of 225 BTC, a strategic move aimed at strengthening its growing cryptocurrency portfolio.
