Michael Saylor’s Strategy Expands Bitcoin Holdings with $2.46 Billion Purchase

TLDR

• Strategy now holds over 640,000 BTC worth over $45 billion, the largest corporate reserve.
• The latest purchase of 20,945 BTC at $117,526 per coin totals $2.46 billion.
• Strategy uses debt and equity to finance Bitcoin purchases, boosting investor confidence.
• Michael Saylor’s firm remains committed to Bitcoin as a core treasury asset for the future.

In a bold move that strengthens its dominance in the Bitcoin market, Strategy, the firm led by Michael Saylor, has made another massive purchase of Bitcoin. With the company’s latest acquisition in August 2025, the firm has expanded its holdings to over 640,000 BTC, worth more than $45 billion at current market prices. This new investment signals Strategy’s continued confidence in Bitcoin as a core reserve asset for the future.

New Bitcoin Acquisition: A $2.46 Billion Bet

In August 2025, Strategy made a significant move by purchasing $2.46 billion worth of Bitcoin. This transaction involved buying about 20,945 BTC at an average price of $117,526 per coin. This acquisition ranks as the third-largest Bitcoin purchase for the company by total value. Despite the high purchase price, the company remains committed to its strategy of using inexpensive capital to accumulate Bitcoin for long-term holding.

This acquisition builds upon Strategy’s ongoing investment strategy, which focuses on Bitcoin as a store of value. Strategy has repeatedly emphasized its belief in Bitcoin as the superior digital asset compared to traditional currencies or even gold. The firm’s substantial Bitcoin holdings make it the largest corporate Bitcoin holder globally, according to BitcoinTreasuries.net.

Institutional Demand and Debt-Funded Purchases

The recent acquisition reflects a growing trend of institutional demand for Bitcoin. Strategy has funded its Bitcoin purchases through a mix of debt issuance and equity capital, allowing it to expand its holdings without liquidating other assets. The company’s approach has allowed it to amass a significant position in the digital currency while continuing to secure investor confidence.

Institutional interest in Bitcoin has grown steadily, with other large firms, such as Trump Media and Technology Group, also making substantial Bitcoin acquisitions in 2025. Analysts suggest that these investments, combined with the current macroeconomic environment, could drive Bitcoin’s price to new heights. A steady Federal Reserve rate policy and tight liquidity have created a favorable environment for Bitcoin, further motivating corporate buyers to secure digital assets for their balance sheets.

Financial Discipline and Dilution Prevention

Strategy has made it clear that it will not issue new shares below 2.5 times its net asset value (NAV) to avoid diluting existing shareholders. This policy is part of the company’s commitment to maintaining financial discipline and protecting shareholder value. The company also stated that it would only issue new shares in cases where debt servicing or dividends on preferred shares are necessary.

This approach demonstrates Strategy’s confidence in Bitcoin’s long-term value and its commitment to protecting investor interests. Michael Saylor’s firm continues to operate with the belief that Bitcoin will outperform traditional store-of-value assets like gold, with expectations that Bitcoin’s market capitalization could surpass the gold market, which is valued at over $13 trillion.

Strategy’s Long-Term Bitcoin Vision

Michael Saylor has long positioned Bitcoin as a hedge against currency debasement and inflation, and Strategy’s ongoing Bitcoin accumulation reflects this view. As of now, Strategy’s balance sheet is almost entirely Bitcoin-backed, underscoring the firm’s commitment to the digital asset. Saylor’s bold stance on Bitcoin has reshaped corporate treasury management, influencing other firms to consider Bitcoin as a reserve asset.

Saylor has stated that Bitcoin’s potential to grow beyond gold’s market value is a core part of the company’s investment strategy. With each new acquisition, Strategy signals its continued faith in Bitcoin’s ability to act as a superior store of value in an increasingly uncertain macroeconomic environment.