The purchase was disclosed in a Form 8-K filed with the SEC on March 31, 2025. Strategy paid an average price of roughly $86,969 per Bitcoin across the acquisition window.
Social media posts circulating with slightly different figures, including claims of 22,337 BTC purchased for $1.6 billion, do not match the official regulatory disclosure. The SEC filing remains the authoritative record for Strategy’s treasury transactions.
528,185 BTC: Strategy’s Treasury Keeps Growing
With this latest tranche, Strategy now holds 528,185 BTC in total. The company has been accumulating Bitcoin systematically since August 2020, when it made its first purchase under Saylor’s direction.
The buying pattern has been consistent. Strategy typically discloses weekly or biweekly purchases through SEC filings, often funded through at-the-market equity offerings. A subsequent disclosed purchase in late April 2025 added another 15,355 BTC for $1.42 billion at an average price of $92,737 per coin.
That April purchase, confirmed through Saylor’s official Telegram channel, brought the per-coin average notably higher than the March tranche, reflecting Bitcoin’s price appreciation during that period.
Strategy’s cumulative position makes it the single largest corporate Bitcoin holder globally, with holdings that dwarf those of other public companies in the space. Firms like Marathon Digital (MARA) and Riot Platforms also maintain Bitcoin treasuries, but none approach Strategy’s scale.
What Large-Scale Corporate Buying Means for Supply
Each major Strategy purchase removes a significant block of Bitcoin from liquid circulation. The March acquisition alone absorbed more than 22,000 BTC in a single week, equivalent to roughly 15 days of new Bitcoin mining supply at current block reward rates.
The corporate treasury thesis that Saylor has championed, treating Bitcoin as a primary reserve asset rather than a speculative position, has gained traction since 2020. Several public companies, including Japan’s Metaplanet, have adopted similar strategies on a smaller scale.
Strategy’s regular 8-K filings provide a transparent, verifiable record of its accumulation. Investors and analysts tracking Bitcoin supply dynamics can monitor upcoming disclosures through the company’s SEC filing history, where new purchases are typically announced within days of execution.
With 528,185 BTC on its balance sheet, Strategy’s fortunes are now deeply tied to Bitcoin’s trajectory. The company has shown no indication of slowing its buying program, and Saylor continues to publicly advocate for corporate Bitcoin adoption as a long-term capital strategy.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
