Michael Saylor’s software intelligence firm, Strategy, maintains a colossal Bitcoin reserve of 607,770 coins. This significant stash is currently valued at approximately $72.2 billion, representing nearly 63% of Strategy’s total market capitalization, which stands at $115 billion.
The firm entered its Bitcoin positions at an average price of $7,176 per coin. This strategy has resulted in an unrealized portfolio gain exceeding 1,550%, underscoring the massive appreciation of its investment.
Recent filings with the Securities and Exchange Commission confirm that Strategy has made no new Bitcoin acquisitions since late July 2024. This enduring pause reinforces Saylor’s established focus on maintaining the position long-term.
The minimal public updates and steadfast refusal to sell highlight a disciplined, conviction-driven approach to Bitcoin held as a core treasury asset. Strategy’s substantial holding continues to be a significant factor in the institutional Bitcoin landscape.