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Bitcoin treasury firm Strategy has just revealed a new acquisition involving 22,337 BTC, making it the fifth-largest purchase ever by the company.
Strategy Has Expanded Bitcoin Treasury With Another $1.57 Billion Buy
In a new post on X, Strategy co-founder and chairman Michael Saylor has shared the details related to the latest Bitcoin acquisition completed by the treasury company. This buy saw the addition of 22,337 BTC to Strategy’s reserves, which is one of the largest purchases ever made by the firm.
Related Reading: Bitcoin Hashrate Drops Nearly 12% From March High As Miners Pull OutThe last time that the company made a larger buy was all the way back in November 2024, when it added 55,500 BTC in one swoop. That same month actually also saw two other purchases larger than the latest one, involving 51,780 and 27,200 tokens. Finally, there was also a larger acquisition of 29,646 BTC in 2020, meaning that the new buy is the fifth largest on record.
In US dollar terms, the purchase cost Strategy $70,194 per token or $1.57 billion in total. While its the fifth largest buy in BTC denomination, it’s only the ninth largest in the USD. The difference is due to the company having to spend more on some smaller stacks as a consequence of a higher BTCUSD rate at the time.
As is tradition, Saylor teased the new buy in a Sunday X post, this time sharing the company’s Bitcoin portfolio tracker with the caption “Stretch the Orange Dots.”
According to the filing with the US Securities and Exchange Commission (SEC), Strategy funded this new acquisition using proceeds from its STRC and MSTR at-the-market (ATM) stock offerings. The purchase has now taken the firm’s total holdings to 761,068 BTC, equivalent to about 3.8% of the cryptocurrency’s supply in circulation.
Strategy spent a total of $57.61 billion on assembling this stack, but with its average cost basis at $75,696, the firm’s reserve is currently in the red, although the latest price recovery has reduced the degree of loss held by the company.
In related news, the largest Ethereum treasury company, Bitmine, has also announced a new purchase in a press release. Over the past week, the firm expanded its Ethereum reserves by 60,999 ETH, which is higher than the recent 45,000 to 50,000 tokens weekly average. “Bitmine has slightly increased the pace of ETH buys in each of the past two weeks, as our base case is ETH is in the final stages of the ‘mini-crypto winter,'” noted Thomas “Tom” Lee, Bitmine Chairman.
Related Reading: Bitcoin Shark & Whale Wallets Hit 20,031—A New RecordBitmine now holds 4,595,562 ETH, representing a supply share of 3.81%. The company has set a target of 5% of the cryptocurrency’s total circulating supply, so it will still take some accumulation before it gets there.
BTC Price
At the time of writing, Bitcoin is floating around $73,400, up nearly 7% in the last seven days.

The price of the coin seems to have gone up over the last few days | Source: BTCUSDT on TradingView
Featured image from Dall-E, chart from TradingView.com
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