Crypto
Strategy's Bitcoin Holdings Surge to 4% of Total Supply
Strategy, formerly MicroStrategy, has taken its Bitcoin holdings to approximately 840,447 BTC since its first purchase of 21,454 BTC in August 2020. This represents about 4% of Bitcoin's total capped supply of 21 million coins.
The company funds these acquisitions mainly through equity and preferred stock issuance, effectively turning its stock into a vehicle for buying Bitcoin.
This strategy has significantly increased Strategy's Bitcoin assets but ties the company's financial health closely to Bitcoin's volatile price. The company rebranded in 2025 to reflect its shift from software to a Bitcoin treasury-focused business, highlighting its long-term commitment to holding Bitcoin despite operational cash needs and market fluctuations.