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Michael Saylor’s Strategy has surpassed 700,000 bitcoin after completing a major acquisition last week.
The company bought 22,305 BTC for $2.13 billion at an average price of $95,284 per coin, according to a US regulatory filing.
The purchase lifted Strategy’s total bitcoin holdings to 709,715 BTC.
Strategy has spent about $53.9 billion acquiring bitcoin at an average cost of $75,979 per token.
The deal marks the company’s largest bitcoin purchase since February 2025.
Strategy’s buying pace accelerated as bitcoin briefly climbed above $97,000 during the week.
Company shares rose alongside the bitcoin rally, reflecting renewed investor confidence in digital asset treasuries.
Strategy now controls roughly 3.37% of bitcoin’s total supply and more than 3.5% of coins currently in circulation.
“The future of DATs lies in returning to fundamentals: disciplined treasury management, credible business models, and realistic expectations,”
James Butterfill said.
At the time of reporting, Bitcoin price was $89,083.39.