Strategy tops 700K Bitcoin with $2.1B purchase

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Strategy tops 700K Bitcoin with $2.1B purchase
Strategy tops 700K Bitcoin with $2.1B purchase
Isaac Francis
Written by Isaac Francis
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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.

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