Strategy has expanded its bitcoin position once again, with founder Michael Saylor announcing on Aug. 11, 2025 that the company purchased an additional 155 BTC. According to Saylor’s post on X, the latest acquisition cost approximately $18.0 million, implying an average purchase price of about $116,401 per bitcoin.
The new buy may appear modest relative to Strategy’s already massive position, but it adds to one of the most closely watched corporate bitcoin treasuries in the market. Following the purchase, Strategy’s total holdings climbed to 628,946 BTC as of Aug. 10, 2025.
One of the Largest Bitcoin Treasury Positions in the Market
Saylor said the company accumulated its entire bitcoin reserve for approximately $46.09 billion, with an average acquisition cost of roughly $73,288 per BTC. Those figures reinforce Strategy’s status as the largest corporate holder of bitcoin, a role it has maintained through repeated purchases over time.
The company’s holdings are significant not only in absolute terms but also as a share of the broader bitcoin market. Based on the reported circulating supply of 19,904,653.94 BTC at block 909,559, Strategy now controls around 3.16% of all bitcoin currently in circulation. That is a remarkable concentration for a single corporate entity and helps explain why every new purchase from the company continues to attract market attention.
Yield Metric Highlights 2025 Performance
In the same disclosure, Saylor said Strategy had achieved a BTC Yield of 25.0% year-to-date in 2025. While the statement did not include additional methodology in the source material, the figure was presented as a key performance indicator alongside the company’s latest accumulation update.
The purchase itself is relatively small compared with Strategy’s total stack, but the symbolic message is consistent with the firm’s long-running approach: it remains committed to steadily increasing its bitcoin exposure. For market participants, that continued accumulation matters because Strategy is no longer just another public company with a digital asset allocation. It has become a major institutional proxy for bitcoin conviction.
Why the Latest Purchase Matters
Even a transaction involving 155 BTC can carry outsized signaling value when it comes from a company with nearly 629,000 BTC on its balance sheet. Strategy’s buying activity is often interpreted by investors as a reflection of management’s long-term outlook on bitcoin, especially during periods of heightened volatility or uncertainty in the broader crypto market.
Its average acquisition cost of $73,288 also provides a useful benchmark for analysts tracking how aggressively the company is willing to add exposure as prices move higher. With the latest tranche purchased above $116,000 per BTC, the update suggests Strategy is still willing to accumulate even at substantially higher levels than its historical average entry price.
That dynamic can influence sentiment in several ways. Supporters may view the continued purchases as evidence of strong confidence in bitcoin’s long-term value proposition, while critics may point to the concentration risk associated with one company holding such a large portion of the liquid supply. Either way, Strategy’s actions remain relevant to both equity and crypto investors.
Corporate Influence on Bitcoin Supply
Owning more than 3% of circulating bitcoin gives Strategy a market presence few entities can match. Although the company does not determine bitcoin’s price on its own, its treasury strategy has become part of the broader narrative around institutional adoption, corporate balance sheet diversification, and the scarcity dynamics of the asset.
As the available supply of bitcoin remains finite and issuance continues on a predefined schedule, large and persistent buyers naturally draw attention. Strategy’s accumulation program has therefore become more than a treasury story; it is also a lens through which the market gauges institutional appetite for bitcoin.
For now, the latest announcement confirms a simple but important point: Strategy is still buying. With 628,946 BTC now under its control and a cumulative acquisition cost of $46.09 billion, the company remains at the center of the corporate bitcoin ownership story, and its next move will likely continue to be watched closely across global crypto markets.