Strategy surpasses 761,000 Bitcoins after $1.6 billion purchase

Strategy's bitcoin accumulation strategy reaches a new milestone. The company led by Michael Saylor has just purchased $1.57 billion worth of BTC, bringing its reserves to 761,068 bitcoins. Such an operation further strengthens the company's position as the world's largest public bitcoin holder. For several years, Strategy has been gradually transforming its treasury into BTC, making the company a central player in institutional accumulation. This new acquisition confirms the scale of a strategy which continues to weigh on the market.

Strategy crosses the milestone of 761,000 bitcoins

Strategy announced the purchase of 22,337 bitcoins. Michael Saylor confirmed the acquisition on the social network “for approximately $1.57 billion at an average price of approximately $70,194 per bitcoin”.

This operation now involves the company's reserves at 761,068 BTCcementing its status as the largest public holder of bitcoin. THE main elements announced by Strategy are as follows:

• 22,337 BTC purchased during this operation;
• $1.57 billion invested in this new acquisition;
• $70,194 average price;
• 761,068 BTC now held by the company;
• $57.61 billion spent in total to build this reserve.

With this new transaction, Strategy confirms its accumulation strategy initiated several years ago. The company led by Michael Saylor is thus continuing its policy of transforming a large part of its cash into bitcoin, an approach which sets it apart from other listed companies.

An accumulation strategy financed by the markets

The massive purchase of bitcoins is partly based on capital raising carried out by the company. Strategy notably financed its acquisitions through the sale of shares and the issuance of STRC preferred shares, which raised approximately $1.18 billion in the week preceding the announcement. This financial mechanism allows the company to continue to strengthen its bitcoin reserves while mobilizing markets to support its strategy.

This purchasing policy is part of a dynamic of accelerated accumulation. A week earlier, Strategy had already acquired 17,994 BTC for approximately $1.28 billion, bringing its reserves to 738,731 bitcoins. The new operation confirms the company's desire to continue this accumulation on a large scale.

With more than 761,000 bitcoins in reserve, Strategy is approaching a symbolic threshold. Thus, the company would still need to acquire an additional 238,932 BTC to reach the one million bitcoin mark. Such a trajectory fuels debates in the ecosystem on the potential impact of these institutional purchases on market liquidity and on the evolution of the price of bitcoin and its role in the treasury strategies of large companies.