Catenaa, Thursday, July 17, 2025-Strategy Inc., the software-turned-bitcoin powerhouse formerly known as MicroStrategy, reached a record market capitalization of $128.4 billion on Wednesday, cementing its position as the largest corporate holder of bitcoin.
The milestone coincides with Bitcoin’s price hitting a new all-time high above $122,000 this week. Strategy’s shares closed at $455.90, up 3% for the day, with after-hours Nasdaq trading pushing the stock to $458.68.
Over the past year, Strategy’s stock has gained 174%, fueled by investor optimism around its aggressive bitcoin accumulation strategy.
The company, led by Executive Chairman Michael Saylor, now holds 601,550 BTC, valued at over $73 billion as of July 14. This amounts to 2.86% of bitcoin’s total supply, according to The Block’s Data Dashboard. Strategy’s average purchase price per bitcoin stands at $71,270.
Despite its earlier skepticism toward bitcoin, investment giant Vanguard Group has emerged as Strategy’s top shareholder through its broad portfolio of funds, highlighting shifting institutional sentiment toward crypto.
Bitcoin was trading at $119,974 at the time of publication, up 2.61% over the past 24 hours. It currently boasts a $2.4 trillion market cap with a 24-hour trading volume of $47.8 billion.
