Strategy, one of the largest corporate holders of Bitcoin in the world, recently announced the expansion of its treasury with the purchase of 155 BTC for $18 million. This strategic acquisition, revealed on Aug. 11, was made at an average price of $116,401 per coin, resulting in a 25% year-to-date yield on the company’s Bitcoin position in 2025. Interestingly, this is Strategy’s second-smallest purchase of the year, following its March acquisition of 130 BTC.
The company funded the August purchase through at-the-market sales of 115,169 Strife (STRF) stock shares, with over $47.7 billion worth of shares still authorized for issuance, providing ample room for future Bitcoin purchases. With this latest addition, Strategy now holds a total of 628,946 BTC, acquired at a total of $46.09 billion, averaging $73,288 per coin. Given Bitcoin’s current trading price of around $120,230, the company’s Bitcoin stash is now valued at approximately $75.6 billion, representing a 63.5% gain and nearly $29 billion above the cost basis.
This acquisition comes on the heels of Strategy marking five years since it embarked on its Bitcoin journey. On Aug. 11, 2020, the company, formerly known as MicroStrategy, made its first Bitcoin purchase of 21,454 BTC for $250 million at an average price of $11,652.84. Since then, Strategy has raised $46 billion through BTC-backed equity and credit offerings, delivering an impressive 100% annual return rate, outperforming every stock on the S&P 500 during the same period.
The company’s market capitalization has soared from $1.2 billion to $118 billion in just five years under the leadership of Michael Saylor. Strategy’s approach to incorporating Bitcoin as its primary treasury reserve asset has inspired similar strategies worldwide, with companies like Japan’s Metaplanet following suit. Metaplanet CEO, Simon Gerovich, commended Saylor and MicroStrategy for their pioneering efforts in corporate Bitcoin adoption, stating that they have paved the way for a wave of Bitcoin treasury companies, demonstrating how Bitcoin can transform a balance sheet and have a positive impact on millions.
In conclusion, Strategy’s continued commitment to Bitcoin and its innovative approach to treasury management have not only yielded impressive financial results but have also set a precedent for corporate adoption of cryptocurrency worldwide. With a solid track record and a vision for the future, Strategy remains at the forefront of the evolving landscape of digital assets.