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 BuyThe 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.”
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.
Bitmine 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 PriceAt the time of writing, Bitcoin is floating around $73,400, up nearly 7% in the last seven days.
