Strategy, the company formerly known as Microstrategy, says its aggressive bitcoin treasury approach has already produced $5.1 billion in gains this year, reinforcing its position as one of the most prominent corporate holders of BTC.
In newly released financial data, Executive Chairman Michael Saylor said on X that MSTR treasury operations have generated a BTC gain of $5.1 billion year to date. Strategy’s bitcoin reserves have climbed to 538,200 BTC, and at the referenced market price of $94,367, the company’s bitcoin net asset value stands at $50.8 billion.
YTD and QTD Metrics Show Continued Expansion
The company reported a year-to-date bitcoin yield of 12.1%, equal to a gain of 54,029 BTC. On a quarter-to-date basis, Strategy posted a 1.0% bitcoin yield, representing an increase of 5,209 BTC and an associated value gain of roughly $492 million.
The update also highlighted the scale of last year’s performance. In 2024, Strategy recorded a bitcoin yield of 74.3%, resulting in a gain of 140,538 BTC, with an estimated value of about $13.1 billion. The figures underscore how strongly the company’s balance sheet has become tied to bitcoin price appreciation.
Fresh Purchases and Broadening Investor Exposure
Strategy has continued to expand its bitcoin position through debt financing and preferred stock issuance. Its latest disclosed purchase, announced on April 21, involved buying 6,556 BTC for approximately $555.8 million, at an average price of $84,785 per bitcoin.
Saylor also said on April 20 that public Q1 2025 data showed more than 13,000 institutions and 814,000 retail accounts directly held MSTR shares. In addition, about 55 million people have indirect exposure through ETFs, mutual funds, pension plans, and insurance portfolios.
Reaffirming his long-standing bitcoin thesis, Saylor recently argued that bitcoin carries no counterparty risk. With its latest treasury figures and continued accumulation, Strategy is further cementing its identity as a bitcoin-centered corporate treasury heavyweight.

