Michael Saylor’s Strategy has deepened its position in the flagship cryptocurrency, snapping up an additional 4,225 BTC last week for $472.5 million.
According to a filing with the US Securities and Exchange Commission on Monday, Strategy’s latest purchase was made at an average price of $111,827 per coin. The acquisition came as Bitcoin surged from around $108,000 early last week to reach a new historic high of $118,000 by Sunday, according to CoinGecko data. Prices continued to rise on Monday, reaching a high of $123,000.
ALT TXT: An excerpt from Strategy’s Form 8-K.
Source: SEC
The new purchase brings Strategy’s total Bitcoin holdings to a staggering 601,550 BTC, valued at approximately $42.87 billion, with its average cost basis now at $71,268 per coin.
This marks Strategy’s first officially disclosed Bitcoin purchase in July following a brief buying pause during the first week of the month. During that period, the company announced a $4.2 billion stock sale and reported $14 billion in unrealized gains for Q2 2025. A similar pause occurred in April as it prepared to report its Q1 financial results.
Year-to-date, Strategy has added 88,062 BTC to its treasury, worth roughly $10.9 billion, bringing it closer to last year’s total acquisition of 140,538 BTC valued at $13 billion.
As Bitcoin broke through previous highs above $112,000 midweek, Strategy co-founder and chairman Michael Saylor reaffirmed his long-term bullish stance. Quoting his famous 2021 interview with Unchained’s Laura Shin, he posted on X
In that original interview, Saylor argued Bitcoin remains a technically superior asset compared to traditional currencies, gold, and stock indices – a view he continues to champion as Strategy’s aggressive accumulation strategy reshapes corporate treasury standards worldwide.
Meanwhile, in May, Michael Saylor criticized the growing trend among institutions to publish onchain proof-of-reserves, warning that it introduces significant security vulnerabilities.
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