Michael Saylor’s Strategy Lifts Bitcoin Holdings to 712,647 BTC After $264M Purchase

Highlights:

• Strategy bought 2,932 Bitcoin between Jan. 20 and Jan. 25 during the recent price dip.
• The total Bitcoin holdings stand at 712,647 BTC after $54.19 billion in cumulative purchases.
• Strategy lifted the Bitcoin holdings using proceeds from common and preferred share sales.

Michael Saylor’s Strategy has acquired 2,932 Bitcoin between Jan. 20 and Jan. 25. The company disclosed the purchase in a regulatory filing released on Monday. Strategy spent approximately $264.1 million on the transaction. The filing showed an average purchase price of $90,061 per BTC, including fees and expenses. Strategy lifted its Bitcoin holdings while Bitcoin traded near $87,500 following a weekend decline.

Strategy has acquired 2,932 BTC for ~$264.1 million at ~$90,061 per bitcoin. As of 1/25/2026, we hodl 712,647 $BTC acquired for ~$54.19 billion at ~$76,037 per bitcoin. $MSTR $STRC https://t.co/RooLfEvniX

— Michael Saylor (@saylor) January 26, 2026

The acquisition extended Strategy’s weekly Bitcoin buying streak into late January. The company continued purchases despite reduced market momentum. However, the transaction size remained smaller than earlier January activity. The previous weekly acquisitions exceeded $1 billion in total value. The price of BTC slipped below $87,000 during the same period. The decline erased Bitcoin’s year-to-date gains. Strategy executed the purchases across five trading days. The filing confirmed no interruption to the company’s accumulation schedule.

The purchase followed a significantly larger transaction earlier in the month. During that week, Strategy acquired 22,305 Bitcoin for approximately $2.13 billion. That acquisition marked the company’s largest purchase since July 2025. It also moved Strategy past the 700,000 bitcoin threshold. The milestone further separated the firm from other corporate Bitcoin holders.

Saylor signaled the latest purchase before the filing appeared. He posted the company’s Bitcoin portfolio tracker over the weekend. The post included the caption “Unstoppable Orange.”

Unstoppable Orange. pic.twitter.com/RUyVxhn38b

— Michael Saylor (@saylor) January 25, 2026

Strategy Increases Bitcoin Holdings After Years of Accumulation

Following the latest transaction, Strategy reported total Bitcoin Holdings of 712,647 BTC as of Jan. 25. The company stated it has spent approximately $54.19 billion on bitcoin purchases to date. Its average acquisition price stands at $76,037 per Bitcoin. Based on recent market prices, the total bitcoin position is valued slightly above $62 billion.

These figures confirm Strategy’s position as the largest corporate holder of bitcoin. No other publicly listed company has reported comparable holdings. Strategy has accumulated Bitcoin across several market cycles. The company has continued buying during both rising and declining markets. Bitcoin remains central to its balance sheet structure. Strategy has added more than 40,000 bitcoin since the start of the year.

Share Sales Cover Latest Bitcoin Purchase

Strategy financed the recent Bitcoin acquisition through the at-the-market offering program of the company. Strategy sold about 1.57 million Class A common shares within the same five days. These sales yielded approximately $257 million in net proceeds. The company also issued 70,201 shares of its preferred stock series. The sale of preferred stock earned around $7 million. The combined transactions amounted to almost the entire price of the Bitcoin purchase. The filing affirmed that there was no debt financing in the period.

Strategy shares have declined, following the wider market conditions after the announcement. MSTR is trading around $162 in the pre-market trade on Monday. The stock was trading close to $163 at the close of last week. According to Google Finance, the stock of the company is still up over 5% in the year. Meanwhile, BTC is trading at $88,158, a 0.48% decrease in the past day. The trading volume of the coin is up 185.66% to $51.91 billion, and the market cap stands at $1.76 trillion.