Strategy has announced expansions to both its Bitcoin (BTC) and US Dollar (USD) reserves. Here’s how much the treasury firm has added to each.
Strategy Has Increased Both Its Bitcoin & USD TreasuriesStrategy didn’t buy all of this stack in 2026; it purchased 3 BTC between December 29th and 31st, and 1,283 BTC between January 1st and 4th. After these additions, the firm’s Bitcoin reserves have grown to 673,783 tokens.
The company’s 673,783 BTC stack is today worth $63.48 billion, more than 25% above its cost basis of $50.55 billion. Though, while Strategy has done well overall, 2025 wasn’t such a bright year for it.
The SEC filing states that the treasury firm closed December 31st with an unrealized loss of $5.40 billion on its digital asset holdings. The figure for the fourth quarter alone is even worse: an unrealized loss of $17.44 billion.
The bad 2025 is naturally a result of the bearish price action that Bitcoin and the wider digital asset sector faced between October and November. Nonetheless, Strategy still hasn’t sold any coins and its recent purchases suggest it’s committed to growing the treasury further for now.
Spot ETFs are financial instruments that allow investors to gain indirect exposure to BTC’s price movements. That is, they allow traders a route into the cryptocurrency that’s off-chain. Some traditional investors and institutional entities prefer to invest into the asset this way.
Much like the spot on-chain demand, spot ETFs have also faced weak netflows since October, but last week diverged from the recent trend with net inflows of $458.77 million.
BTC PriceAt the time of writing, Bitcoin is floating around $94,200, up 8% over the last seven days.
