TheBlock
Strategy, the Michael Saylor-led treasury company formerly known as MicroStrategy, picked up another 24,869 BTC for roughly $2.01 billion at an average price of $80,985 per coin, bringing its total holdings to 843,738 BTC. The purchase was funded by proceeds from the issuance and sale of MSTR Class A common stock and STRC perpetual preferred stock.
Why it matters
The 843,738 BTC on Strategy's balance sheet now exceed 4% of bitcoin's total supply — a structural floor under the float that did not exist a few years ago. Each new equity-funded buy translates directly into spot demand, with no signs of the STRC preferred-share channel slowing. For the broader market, Strategy has effectively become a leveraged, persistent bid for BTC: every at-the-money common-stock tap and every STRC issuance is, in effect, a forward sale of equity to buy bitcoin.
Market impact
The average entry of $80,985 sits near current spot, meaning Strategy continues to add rather than de-risk — a posture that matters when the same names dominating headlines are also locking up supply. Watch MSTR and STRC issuance pace: any sustained slowdown in equity raises would be the first sign the bid is reaching a ceiling. Until then, every corporate earnings window is a potential buy window.
Frequently asked questions
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How much bitcoin does Strategy now hold?
Strategy holds 843,738 BTC after the latest 24,869 BTC purchase, valued at roughly $2.01 billion at an average price of $80,985 per coin.
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How did Strategy fund the latest bitcoin purchase?
The acquisition was funded by proceeds from the issuance and sale of MSTR Class A common stock and STRC perpetual preferred stock.
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What share of total bitcoin supply does Strategy now control?
Strategy's holdings now exceed 4% of all bitcoin that will ever be mined, locking a significant slice of the total float inside a single corporate treasury.
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Why is the $2 billion purchase significant for BTC markets?
Because the equity-to-BTC issuance pipeline is still active, each MSTR and STRC raise translates into persistent spot demand — effectively a structural, leveraged bid that removes supply from the market with no clear end date.
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What would signal the Strategy bid is slowing down?
A sustained drop-off in MSTR common-stock issuance or STRC preferred-share issuance would be the first sign the equity-funded buy machine is reaching its ceiling; until then, the bid is still running.
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