Michael Saylor’s Latest Bitcoin Buy Is Strategy’s Smallest in Months

Bitcoin treasury company Strategy announced another crypto buy on Monday, bringing the behemoth’s total holdings to 628,946 BTC—or over $75.5 billion in digital coins at the current price.

The Tysons Corner, Virginia-based firm announced that over the last week it bought 155 BTC for $18 million—a relatively small buy compared to previous purchases. The company has spent over $2 billion on Bitcoin in some past buys, including its last purchase on July 29, when it acquired 21,021 BTC at a price of nearly $2.5 billion.

But the latest purchase, announced on the five-year anniversary of the company’s first Bitcoin buy, was the smallest since March, when the company spent just $10.7 million on the asset. That purchase remains its lowest so far in 2025.

Strategy—formerly MicroStrategy—started buying Bitcoin in August 2020 as a way to get better returns for its shareholders as inflation rocked the U.S. and world economies during the COVID-19 pandemic. 

It is now the largest corporate holder of the asset and mostly works now to securitize Bitcoin: Its business model works so that investors can buy its shares to get exposure to the leading cryptocurrency. 

The company issues debt to fund its purchases, and since Strategy first bought Bitcoin exactly five years ago, its stock (Nasdaq: MSTR) has rocketed up by over 2,700%. 

MSTR was recently trading at $411 per share, while Bitcoin hit a price of $120,095 per coin on Monday morning New York time, according to CoinGecko data. 

The largest cryptocurrency by market cap is up 27% year-to-date. Its all-time high stands at $122,838. MSTR’s record stock price stands at nearly $499 per share, from last November.

A number of smaller publicly traded companies have adopted the Bitcoin treasury plan. But some experts have warned that the crypto play can’t help every company, and is inherently risky.