Strategy has officially recorded its largest corporate Bitcoin purchase since late 2024, spending $2.54 billion on 34,164 BTC. This brings their massive holdings to 815,061 units, cementing the firm’s position as the largest corporate BTC holder.
While the $61 billion-plus holdings are still a slight loss on paper based on an average price of $75,527, Michael Saylor’s firm continues to display a very aggressive buying strategy. The purchase came as Bitcoin prices hovered around $74,000, following the asset’s failure to break through the $78,400 resistance.
MSTR shares surged 32% last week, but are starting to show signs of volatility, falling 2% in pre-market trading today. Wall Street investors are bracing for more drastic price action after the opening bell, given the sheer size of this latest purchase.
The announcement proves that Strategy is not backing down from its mission to make Bitcoin the company’s financial core. The move has had a major impact on overall crypto market sentiment, where such large institutional support is often seen as a sign of a strong price floor for Bitcoin.
