Strategy Now Holds $71 Billion in Bitcoin—These Are Its Biggest Buys

Software program agency turned Bitcoin treasury firm Strategy has been shopping for Bitcoin for greater than 5 years, pioneering the rising pattern of publicly traded companies which might be including cryptocurrencies to their stability sheets.

What began as a method to “maximize long-term value for shareholders” has remodeled into an industry-shifting paradigm that has been additional fueled by higher entwinement of conventional monetary markets and crypto. 

Alongside the way in which, Technique has accrued 607,770 BTC, or almost 2.9% of the fastened 21 million Bitcoin provide—a stash value greater than $71 billion at immediately’s Bitcoin worth of about $117,700.

No matter how excessive Bitcoin’s worth goes, although, Saylor has dedicated to “buying the top forever,” pulling up his common entry worth to greater than $71,000 per Bitcoin—over seven instances the common value of the agency’s first Bitcoin buy. 

Under, we glance again at Technique’s seven largest Bitcoin purchases thus far and their quick impacts on the worth of Bitcoin, marked from the time of Saylor’s bulletins by way of social media.

#1) 55,500 BTC – November 25, 2024

Common Value: $97,862 
Complete Spend: $5.4 billion 

Michael Saylor introduced Technique’s largest-ever buy of Bitcoin, by each BTC and USD denominations, on November 25 final 12 months. The acquisition of 55,500 Bitcoin surpassed its earlier high acquisition by greater than $800 million.

Within the hours after the Saylor announcement, Bitcoin dropped by about $4,000 to underneath $94,000, a 4% lower from the common worth paid by Technique.

2) 51,780 BTC – Nov. 18, 2024

Common worth: $88,627
Complete spend: $4.6 billion 

The second-largest Bitcoin purchase in Strategy history got here only one week earlier than its largest-ever buy. Although Bitcoin dropped shortly within the hour following the announcement, a rebound adopted, and it reached a every day excessive of $92,653, simply 2% shy of its all-time excessive worth (set final week), in line with knowledge from CoinGecko.

The next day, Bitcoin hit a new all-time high price above $94,000. Technique’s buy brought its holdings to 331,200 BTC.

3) 29,646 BTC – Dec. 21, 2020

Common worth: $21,925
Complete spend: $650 million

Technique’s third-largest Bitcoin buy befell in December 2020 amid rising Bitcoin costs and bull market sentiment. The agency disclosed a purchase order of 29,645 BTC for its fourth-ever Bitcoin acquisition.

Regardless of the acquisition being the biggest for Technique on the time, Bitcoin worth’s was comparatively unchanged within the 24 hours across the announcement. Information from CoinGecko showcases a Bitcoin open worth of $23,518 on December 21, closing someday later at $23,795 for a negligible acquire.

4) 27,200 BTC – Nov. 11, 2024

Common worth: $74,463
Complete spend: $2.03 billion

Lower than one week after Donald Trump received his second election, Technique introduced a purchase of 27,200 Bitcoin. That stash was bought in the course of the timeframe of October 31 to November 10, a time during which Bitcoin ranged in worth from $72,000 to $80,000.

Nonetheless, following the Saylor announcement on the morning of November 11, Bitcoin moved violently upwards, closing the day at $88,637—a transfer of greater than 10%—after setting one more new all-time excessive worth after the election.

5) 22,048 Bitcoin – March 31, 2025

Common worth: $89,969 
Complete spend: $1.92 billion

Technique bought almost $2 billion in Bitcoin in February 2025 earlier than following it up a month later with its fifth-largest buy (as denominated in BTC) on March 31. 

The agency added 22,048 BTC for around $1.92 billion amid market uncertainty attributable to President Donald Trump’s tariff-fueled commerce struggle. The acquisition bumped the agency’s treasury to greater than 528,000 Bitcoin on the time, however despatched the share worth of MSTR down, dropping roughly 3% when markets opened earlier than rebounding. 

However Bitcoin would end the primary quarter on a downward pattern, closing on March 31 at $82,514, greater than $7,000 under Saylor’s reported common worth. 

The acquisition marked a string of three straight weeks with a Bitcoin purchase for the corporate, which was snapped within the following week. Nonetheless, when buys restarted two weeks later, Technique would go on to reveal weekly Bitcoin purchases for greater than 3 months.

6) 21,550 BTC – December 9, 2024 

Common worth: $98,783
Complete spend: $2.1 billion 

Technique’s sixth-largest buy marks the best common Bitcoin worth on this checklist, because the agency acquired greater than 21,000 Bitcoin for nearly $99,000 on average. The purchase introduced up the common worth of all of its lifetime Bitcoin purchases to $60,389 on the time. 

Nonetheless, the market didn’t react tremendous positively to the newest announcement from Saylor and the corporate, as the worth of Bitcoin decreased by greater than 2.5% within the hours that adopted, dropping under the common worth of its buy to $97,600. On the next day, Bitcoin broke even additional downward, dipping under $95,000 briefly earlier than rebounding to that stage.

7) 21,454 BTC – August 11, 2020

Common worth: $11,652
Complete spend: $250 million 

Technique’s seventh-largest Bitcoin buy of all time was its first-ever buy and the bottom recorded common worth.

On the again of social restrictions and macroeconomic shocks from the COVID-19 pandemic, Saylor rationalized the company’s purchase saying, “Our choice to put money into Bitcoin right now was pushed partially by a confluence of macro elements affecting the financial and enterprise panorama that we consider is creating long-term dangers for our company treasury program—dangers that must be addressed proactively.”

Whereas the acquisition has aged effectively, now up greater than 900% at immediately’s Bitcoin worth, the preliminary announcement meant little for Bitcoin’s worth within the quick aftermath. Bitcoin opened August 11, 2020 at $11,682 and closed the next day at $11,579—a negligible decline.

Editor’s notice: This story was initially printed on November 19, 2024, and final up to date with new particulars on July 28, 2025.