BlackRock and Michael Saylor's Strategy Said to Hold 1,377,914 Bitcoin

Strategy’s latest $51 million Bitcoin purchase lifts its holdings above 629,000 BTC, reinforcing its position as the largest corporate holder at over 3% of total supply.

BTC

Summary

Strategy, led by Michael Saylor, acquired 430 Bitcoin for approximately $51.4 million between August 11 and 17, 2025, at an average price of $119,666 per BTC, pushing its total holdings to 629,376 BTC valued at over $72 billion. The purchase was funded through sales of STRK, STRF, and STRD preferred shares, totaling nearly 483,000 shares sold. Strategy also issued updated guidance for its MSTR common stock ATM program, stating it will issue shares when mNAV falls below 2.5x to fund debt interest, preferred dividends, or other corporate needs. This holding represents over 3% of the total Bitcoin supply. Public companies collectively hold about 977,000 BTC, while spot Bitcoin ETFs own over 1 million BTC. BlackRock and Strategy together are said to hold 1,377,914 BTC, worth approximately $162.91 billion, or around 6.56% of the total supply.

Terms & Concepts
  • Bitcoin (BTC): A decentralized digital currency operating on a peer-to-peer network with a fixed supply.
  • BTC supply: Refers to the total number of bitcoins in existence; Bitcoin’s maximum supply is capped at 21 million.