Biggest Strategy Bitcoin Buy in Years Sends Stash Past 815K

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The last time the company spent so much money at once was just after the 2024 US presidential elections.

Strategy has really ramped up its bitcoin purchases with two consecutive ones that were worth over $1 billion. However, the latest, announced just minutes ago, set a multi-year record.

The largest corporate holder of bitcoin splashed over $2.5 billion to acquire 34,164 BTC at an average price of $74,395 per unit. This massive acquisition puts the company’s total stash at 815,061 BTC, purchased for $61.56 billion (at an average price of $75,527).

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Given the cryptocurrency’s correction and failure at $78,400 last Friday, this means that Strategy still sits on a minor paper loss, but the gap has narrowed since the February lows.

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