Over the past five years, software enterprise Strategy has transformed into a leading bitcoin treasury entity, setting a precedent for publicly traded companies integrating cryptocurrencies into their financial portfolios.
Initially aimed at maximizing long-term shareholder value, this initiative has evolved into an influential trend as traditional finance and cryptocurrency markets become increasingly intertwined. The company’s current holdings stand at 815,061 BTC, approximately 3.9% of Bitcoin’s capped supply of 21 million coins, valued at nearly $62 billion given the price over $75,000 per Bitcoin.
Strategy co-founder Michael Saylor is committed to his strategy of “buying the top forever,” elevating the company’s average purchase price to over $75,500 per Bitcoin—more than seven times its initial acquisition cost. This article highlights Strategy’s seven most significant Bitcoin acquisitions and their subsequent market impacts as announced by Saylor on social media.
**Largest Acquisition:**
– **Date Announced:** November 25, 2024
– **Average Price:** $97,862
– **Total Spend:** $5.4 billion
Strategy’s record-breaking purchase involved acquiring 55,500 Bitcoin, marking the largest transaction by both BTC and USD value to date. Following this announcement, Bitcoin’s price dipped roughly $4,000, dropping below $94,000—a 4% decline from Strategy’s average cost.
**Second Largest:**
– **Date Announced:** One week before the largest purchase
– **Average Price:** $88,627
– **Total Spend:** $4.6 billion
Though Bitcoin briefly fell after this announcement, it rebounded to approach its all-time high at $92,653, just 2% below peak levels according to CoinGecko data.
**Third Largest:**
– **Date Announced:** April 20, 2026
– **Average Price:** $74,395
– **Total Spend:** $2.54 billion
This acquisition added 34,200 Bitcoin, pushing Strategy’s total holdings over 815,000 BTC. Funded by its dividend-paying preferred share Stretch (STRC), the purchase led to a modest increase in Bitcoin’s price.
**Fourth Largest:**
– **Date Announced:** December 2020
– **Average Price:** $21,925
– **Total Spend:** $650 million
Amidst a bull market, Strategy’s acquisition of 29,645 BTC had minimal impact on Bitcoin prices within the following day.
**Fifth Largest:**
– **Date Announced:** November 11, 2020
– **Average Price:** $74,463
– **Total Spend:** $2.03 billion
Following a presidential election win, Strategy’s purchase of 27,200 Bitcoin coincided with a significant price surge, closing over 10% higher.
**Sixth Largest:**
– **Date Announced:** End of Q1, 2026
– **Average Price:** $70,194
– **Total Spend:** $1.57 billion
The purchase of 22,337 BTC, funded by Stretch (STRC) sales, initially saw Bitcoin prices rise above the acquisition cost.
**Seventh Largest:**
– **Date Announced:** January 20, 2026
– **Average Price:** $95,284
– **Total Spend:** $2.1 billion
This buy of 22,305 BTC occurred amidst geopolitical tensions and led to a notable price decline in subsequent days.
*Editor’s note: This article was first published on November 19, 2024, and updated with new details on April 21, 2026.*