Strategy Now Holds $54 Billion in Bitcoin—These Are Its Biggest Buys

Software steadfast turned Bitcoin treasury institution Strategy has been buying BTC for much than 5 years, pioneering the increasing inclination of publically traded firms that are adding cryptocurrencies to their equilibrium sheets.

What started arsenic a mode to "maximize semipermanent worth for shareholders” has transformed into an industry-shifting paradigm that has been further fueled by greater entwinement of accepted fiscal markets and crypto. 

Along the way, Strategy has accumulated 761,068 BTC, oregon astir 3.6% of the fixed 21 cardinal full Bitcoin supply—a stash worthy astir $54 cardinal astatine today’s Bitcoin terms supra $70,000.

Regardless of however precocious Bitcoin’s terms goes, though, Strategy co-founder and Executive Chairman Michael Saylor has committed to “buying the apical forever,” pulling up the firm's mean introduction terms to astir $75,700 per Bitcoin—over 7 times the mean outgo of the firm’s archetypal Bitcoin purchase. 

Below, we look backmost astatine Strategy’s 7 largest Bitcoin purchases to day and their contiguous impacts connected the terms of Bitcoin, marked from the clip of Saylor’s announcements via societal media.

#1) 55,500 BTC - November 25, 2024

Average price: $97,862 
Total spend: $5.4 billion 

Michael Saylor announced Strategy’s largest-ever acquisition of Bitcoin, by some BTC and USD denominations, on November 25 successful 2024. The acquisition of 55,500 Bitcoin surpassed its erstwhile apical acquisition by much than $800 million.

In the hours aft the Saylor announcement, Bitcoin dropped by astir $4,000 to nether $94,000, a 4% alteration from the mean terms paid by Strategy.

2) 51,780 BTC - Nov. 18, 2024

Average price: $88,627
Total spend: $4.6 billion 

The second-largest Bitcoin acquisition successful Strategy history came conscionable 1 week earlier its largest-ever purchase. Though Bitcoin dropped soon successful the hr pursuing the announcement, a rebound followed, and it reached a regular precocious of $92,653, conscionable 2% shy of its all-time precocious price, according to information from CoinGecko.

The pursuing day, Bitcoin deed a new all-time precocious price supra $94,000. Strategy’s acquisition brought its holdings to 331,200 BTC.

3) 29,646 BTC - Dec. 21, 2020

Average price: $21,925
Total spend: $650 million

Strategy’s third-largest Bitcoin acquisition took spot successful December 2020 amid rising Bitcoin prices and bull marketplace sentiment. The steadfast disclosed a acquisition of 29,645 BTC for its fourth-ever Bitcoin acquisition.

Despite the acquisition being the largest for Strategy astatine the time, Bitcoin price's was comparatively unchanged successful the 24 hours astir the announcement. Data from CoinGecko showcases a Bitcoin unfastened terms of $23,518 connected December 21, closing 1 time aboriginal astatine $23,795 for a negligible gain.

4) 27,200 BTC - Nov. 11, 2024

Average price: $74,463
Total spend: $2.03 billion

Less than 1 week aft Donald Trump won his 2nd election, Strategy announced a acquisition of 27,200 Bitcoin. That stash was purchased during the timeframe of October 31 to November 10, a clip successful which Bitcoin ranged successful terms from $72,000 to $80,000.

However, pursuing the Saylor announcement connected the greeting of November 11, Bitcoin moved violently upwards, closing the time astatine $88,637—a determination of much than 10%—after mounting yet different caller all-time precocious terms aft the election.

5) 22,337 BTC - March 16, 2026

Average price: $70,194
Total spend: $1.57 billion 

Strategy made its largest acquisition of 2026 adjacent the extremity of the archetypal quarter, grabbing 22,337 BTC valued astatine $1.57 cardinal astatine the clip of purchase. 

The acquisition is bully capable for its fifth-largest Bitcoin-denominated bargain of each time, with this ample bargain spurred by continued income of its preferred banal offering—Stretch (STRC)—which pays a dividend to holders and is occasionally issued erstwhile it trades supra $100. When that is the case, the steadfast takes the funds raised from its issuance and buys much Bitcoin. 

While astir of the firm’s largest buys person typically been met with falling prices soon aft its purchase, BTC really ranged upwards from the mean acquisition terms of $70,194, breaching $75,000 connected the aforesaid time the acquisition was announced. In the days that followed, however, the terms did retreat, concisely backmost to nether $70,000.

6) 22,305 BTC - January 20, 2026

Average price: $95,284
Total spend: $2.1 billion

Strategy went much than 9 months without a splashy play Bitcoin acquisition of $2 cardinal oregon much earlier nabbing 22,305 BTC for $2.1 billion successful January 2026. 

That acquisition was bully capable for its sixth-largest of all-time by Bitcoin denomination, though it falls just abbreviated of its December 9, 2024 acquisition of 21,550 BTC at astir $99,000 per coin erstwhile comparing wide USD spend. 

Announced connected January 20, the firm’s latest large acquisition came with an mean terms of $95,284—but amid increasing commercialized tariff concerns and President Donald Trump’s propulsion to get Greenland, the apical crypto plus sold disconnected successful the days that followed.

At the clip of the announcement, it had already fallen to astir $90,000, and astatine 1 constituent the pursuing time was trading arsenic debased arsenic $87,650 according to information from CoinGecko—more than 8% beneath Strategy’s acquisition mark.

7) 22,048 Bitcoin - March 31, 2025

Average price: $89,969 
Total spend: $1.92 billion

Strategy purchased astir $2 cardinal successful Bitcoin successful February 2025 earlier pursuing it up a period aboriginal with its sixth-largest acquisition (as denominated successful BTC) connected March 31. 

The steadfast added 22,048 BTC for astir $1.92 billion amid marketplace uncertainty caused by President Donald Trump’s tariff-fueled commercialized war. The acquisition bumped the firm’s treasury to much than 528,000 Bitcoin astatine the time, but sent the stock terms of MSTR down, dropping astir 3% erstwhile markets opened earlier rebounding. 

But Bitcoin would decorativeness the archetypal 4th connected a downward trend, closing connected March 31 astatine $82,514, much than $7,000 beneath Saylor’s reported mean price. 

The acquisition marked a drawstring of 3 consecutive weeks with a Bitcoin bargain for the company, which was snapped successful the pursuing week. However, erstwhile buys restarted 2 weeks later, Strategy would spell connected to disclose play Bitcoin purchases for much than 3 months.

Editor's note: This communicative was primitively published connected November 19, 2024, and past updated with caller details connected March 21, 2026.