Michael Saylor’s Strategy has just added 10,100 BTC—worth about $1.05 billion—to its balance sheet, lifting the company’s total stash to roughly 592,100 coins.
The purchase price averaged $104,080 per Bitcoin, taking Strategy’s lifetime cost basis to about $70,700.
At current market levels, the holding is valued near $42 billion.
The fresh buy drew quips from peers: MetaPlanet’s CEO joked that Saylor should “leave some for the rest,” moments after the Japanese firm said its own Bitcoin trove had hit 10,000 BTC.
MetaPlanet’s shares surged more than 25 percent on the news, pushing its valuation past one trillion yen.
Strategy’s aggressive pace underscores Saylor’s conviction that Bitcoin will keep appreciating—he has floated a $13 million price target for 2045—while highlighting the widening gap between early corporate accumulators and newer entrants.
A fierce contest is unfolding between two financial heavyweights—Strategy (formerly MicroStrategy) and BlackRock—as they battle for dominance over institutional Bitcoin holdings.
Bitcoin belongs in the same league as the printing press and the Model T, according to a new research note from Bank of America.
El Salvador is still buying Bitcoin in spite of a $1.4 billion International Monetary Fund package that was meant to curb further government accumulation.
Metaplanet has become the world’s seventh-largest corporate owner of Bitcoin after adding another 1,112 coins to its treasury on Monday.