Michael Saylor’s Strategy Smashes 700,000 BTC Mark With $2.1B Buy

Strategy now controls more than 3% of Bitcoin’s (BTC) total supply after lifting its holdings to 709,715 BTC, making it the largest public holder of the asset.

At that level, the company holds about 3.37% of Bitcoin’s fixed 21 million supply and roughly 3.55% of the estimated 19.98 million coins already in circulation, based on Blockchain.com data. 

The accumulation comes after a period of uncertainty for digital asset treasury firms following a sharp rally in mid-2025 that some market participants later described as overheated.

Read more: Crypto Investment Products See Largest Weekly Inflows Since October 2025

MSTR, BTC See Relief

The renewed buying coincided with strength in both Bitcoin and Strategy’s stock. Bitcoin traded above US$97,000 (AU$148,410) during the week, a multi-month high, while Strategy shares moved past US$185 (AU$283), according to TradingView. 

The stock had also benefited earlier in January after MSCI said it would not remove digital treasury companies from its market indices, as Crypto News Australia reported.

A US Securities and Exchange Commission (SEC) filing released Monday detailed the latest purchase. Strategy bought 22,305 Bitcoin last week for about US$2.13 billion (AU$3.26 billion), paying an average price of US$95,284 (AU$145,785) per coin.

In total, the company has spent about US$53.92 billion (AU$82.50 billion) building its Bitcoin position, with an average purchase price of US$75,979 (AU$116,248).

Read more: NYSE Plans Tokenised Securities Trading Platform, Pending Regulatory Approval

The post Michael Saylor’s Strategy Smashes 700,000 BTC Mark With $2.1B Buy appeared first on Crypto News Australia.