- Strategy owns 638,460 BTC worth over $71 billion, the largest corporate stash in history.
- Bitcoin holdings delivered a 25.8% return so far in 2025.
- The company qualified for the S&P 500 but was not added, underscoring its unique role in both finance and crypto.
Strategy, the company formerly known as MicroStrategy, just took its Bitcoin play to another level. On September 8, co-founder Michael Saylor revealed that the firm had scooped up another 1,955 BTC for $217.4 million—pushing its total stack to a jaw-dropping 638,460 BTC. At today’s prices, that pile is worth over $71 billion, cementing Strategy as the single largest public holder of Bitcoin on the planet.
A Portfolio That Just Keeps Growing
The company’s Bitcoin war chest has been built at an average cost of $73,880 per coin, with total spending coming in at $47.17 billion. With BTC now hovering around $112,594, Strategy’s haul is sitting on paper gains of nearly $24 billion. That’s a 25.8% return for 2025 alone—numbers most traditional firms would kill for.
Why This Matters for Wall Street
Earlier this month, Strategy even qualified for inclusion in the S&P 500 index, though it wasn’t officially added. Still, the milestone shows how far Bitcoin has come in the eyes of mainstream finance. With its monster holdings and record-breaking second-quarter results, the company is showing that corporate adoption of digital assets isn’t just a trend—it’s becoming part of the playbook.
Long-Term Conviction, Short-Term Shockwaves
Michael Saylor has been vocal for years about Bitcoin’s role as “digital property,” and this latest move proves the firm isn’t slowing down. By holding such a massive share of BTC supply, Strategy isn’t just investing—it’s shaping the market itself. For other corporations still on the sidelines, the message is loud and clear: the line between traditional finance and crypto is fading fast.