Strategy adds $1.3 billion in Bitcoin as reserves climb to 738,000 BTC
Michael Saylor’s company Strategy purchased another 17,994 BTC for approximately $1.28 billion, increasing its total Bitcoin reserves to 738,731 BTC. The average purchase price was about $70,946 per BTC, which is below the company’s overall average acquisition price of around $75,985.
The information was disclosed in a filing with the U.S. Securities and Exchange Commission (SEC). In total, Strategy has spent roughly $56 billion building its Bitcoin portfolio.
This marks the company’s largest BTC purchase since January, when Strategy acquired 22,305 BTC for more than $2.1 billion. Despite Bitcoin periodically trading below the company’s average acquisition price, Strategy continues to actively expand its reserves.
According to SaylorTracker, since Feb. 9 the company has carried out several additional purchases, acquiring more than 25,000 BTC. These acquisitions have slightly lowered Strategy’s overall average cost basis.
Why Strategy continues to accumulate Bitcoin
Strategy remains the largest public holder of Bitcoin in the world. The company views BTC as a long-term reserve asset and a central component of its corporate strategy. Strategy’s approach is based on the idea that Bitcoin can serve as a hedge against inflation and the depreciation of fiat currencies. For this reason, the company continues to buy BTC even during periods of market volatility.Such a strategy also affects the broader market. Large purchases by publicly traded companies can signal growing institutional interest in Bitcoin and support long-term confidence in the asset. At the same time, the concentration of such a large amount of Bitcoin on the balance sheet of a single company makes Strategy one of the most influential institutional players in the crypto ecosystem.
Earlier we reported that Strategy increased the dividend yield of its STRC preferred shares to 11.5% amid volatility in the crypto market.
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