Strategy has increased its already massive Bitcoin position, acquiring an additional 1,955 BTC for about $217.4 million. The purchase, disclosed on September 7, brings the company’s total holdings to 638,460 BTC, with a cost basis of approximately $47.17 billion.
The move reinforces Strategy’s commitment to its Bitcoin-centric treasury strategy even as financial markets remain volatile. Bitcoin prices have hovered above $110,000 in recent days, and the company’s holdings now represent a net asset value of more than $71.6 billion, according to its website data updated on September 8.
At the corporate level, Strategy’s market capitalization stands near $96 billion, with its stock price up over 2 percent on the day of the disclosure. Over the past year, shares have surged 181 percent, far outpacing broader equity benchmarks.
Strategy has funded its acquisitions through a mix of cash reserves and capital market instruments. Its latest filings show $8.2 billion in debt and $6.5 billion in preferred securities, levels the company says are manageable given its balance sheet structure.
The update confirms that Strategy intends to double down on its long-term bet that Bitcoin will continue to appreciate and serve as a core store of value. While the firm has faced criticism for concentrating its treasury in a single volatile asset, the scale of its holdings underscores its influence in the digital asset market.
Market watchers will now turn their attention to how Bitcoin’s trajectory into year-end affects both the value of Strategy’s reserves and investor sentiment around its stock. For the moment, Strategy has made clear it plans to hold firm.
