With Bitcoin trading near all-time highs, Strategy’s bold accumulation strategy is delivering eye-popping results.
The firm, led by Chairman Michael Saylor, now holds over 576,000 BTC—an investment that has ballooned into a $21.1 billion unrealized profit.
Having steadily built its position over multiple years, Strategy’s average cost per coin stands at just under $70,000. With Bitcoin recently climbing above $103,000, the firm’s margin has widened dramatically, cementing its status as one of the most successful long-term corporate bets in crypto history.
New data shared by on-chain analyst Maartunn shows just how steep the profit curve has become. Since late 2023, Strategy’s holdings have remained in the green through market fluctuations, with gains accelerating in line with Bitcoin’s recent surge.
The company’s continued buying spree in May, including a recent 7,390 BTC purchase, has only amplified the scale of its position—now totaling $40.18 billion in total investment. But it’s the timing, not just the volume, that has proven crucial.
With the crypto market eyeing further upside, Strategy’s disciplined Bitcoin thesis appears to be paying off in real time. If momentum holds, the firm’s multi-billion-dollar cushion could grow even deeper.
As Bitcoin pushed past $111,000 on May 22, breaking its previous all-time high, activity in the futures market erupted in response.
Fifteen years ago, a programmer unknowingly made history when he traded 10,000 bitcoins for two pizzas—marking the first documented purchase using cryptocurrency.
Strategy, the rebranded identity of MicroStrategy, is preparing to raise up to $2.1 billion through the sale of preferred stock as part of its ongoing effort to grow its Bitcoin portfolio.
Bitcoin’s return to six-figure territory has reignited market optimism, but unlike the short-lived surge seen in January, the current rally appears to be built on firmer ground.