Strategy Buys 430 BTC for $51.4M, Treasury Now Holds 629,376 Bitcoin

The world’s largest corporate bitcoin holder, Strategy, has expanded its treasury once again – this time adding 430 BTC for $51.4 million.

• 430 BTC acquired at an average price of $119,666 per coin
• Treasury now totals 629,376 BTC, worth $72.4 billion at current prices
• Funded via STRK, STRF, and STRD preferred stock programs
• Strategy’s “42/42 Plan” targets $84B in equity and convertibles for BTC buys through 2027
• Sitting on $26.2B in paper gains, five years after first purchase in 2020

According to an SEC filing, Strategy purchased 430 BTC for $51.4 million between August 11 and 17. The company paid an average of $119,666 per bitcoin, bringing its total stash to 629,376 BTC—solidifying its position as the undisputed leader in corporate bitcoin ownership.

The purchases were funded through its at-the-market preferred stock programs, including Series A Perpetual Strike (STRK), Strife (STRF), and Stride (STRD). During this period, the company raised over $50 million across these facilities, with coupons ranging from 8% to 10%. No sales were made under its common ATM or the variable-rate Stretch (STRC) program.

This financing move fits within Strategy’s broader “42/42 Plan,” an upsized capital strategy targeting $84 billion in equity and convertibles to acquire bitcoin by 2027. The plan was expanded after exhausting its initial “21/21” framework.

Five years after its first bitcoin purchase in 2020, Strategy has now spent roughly $46.2 billion at an average price of $73,320 per coin. With bitcoin currently valued higher, its holdings are worth $72.4 billion, leaving the firm with more than $26 billion in unrealized profits.

Executive chairman Michael Saylor fueled speculation ahead of the announcement by posting “Insufficient orange” on X, a phrase traders interpret as a signal for incoming BTC buys.

Meanwhile, other public companies, including Marathon Digital, Riot, Galaxy Digital, and Japan’s Metaplanet, continue adding bitcoin to their balance sheets. Still, Strategy remains the clear frontrunner, now controlling nearly 3% of bitcoin’s maximum 21 million supply.

Final Thought

Strategy’s aggressive accumulation strategy continues to separate it from other corporate players. With billions in financing capacity still available, the firm is positioned to keep buying—cementing its role as bitcoin’s dominant corporate custodian