Catenaa, Tuesday, September 09, 2025- Bitcoin treasury company Strategy acquired an additional 1,955 BTC for roughly $217.4 million at an average price of $111,196 per coin, raising its total holdings to 638,460 BTC, worth around $71 billion, according to an SEC filing.
The purchases were funded through proceeds from the company’s Class A common stock and perpetual preferred stock offerings.
The acquisitions follow a recent $449.3 million buy of 4,048 BTC and continue Strategy’s approach of leveraging equity issuance to expand its corporate bitcoin treasury.
Co-founder and executive chairman Michael Saylor indicated that these purchases represent more than 3% of Bitcoin’s total 21 million supply, with an estimated $24 billion in unrealized gains.
Despite strong financial performance and meeting criteria for inclusion, Strategy was again excluded from the S&P 500 index last week, missing potential exposure to passive funds controlling roughly $22 trillion in assets.
Saylor noted the snub alongside a chart comparing Strategy’s performance to the S&P 500 and Bitcoin.
The company’s continued accumulation occurs amid broader scrutiny of corporate bitcoin treasuries, with Nasdaq tightening oversight on crypto-related fundraising, requiring shareholder votes and enhanced disclosures.
While the number of bitcoin treasury firms grows to 171 publicly listed entities, many have seen substantial share value declines from summer highs, though Strategy remains a leader in market capitalization and total BTC holdings.
