ONE COMPANY NOW CONTROLS OVER 3% OF ALL BITCOIN
And most people still don’t understand what that means.
Strategy (formerly MicroStrategy) now holds 673,783 BTC.
That’s roughly 3.21% of Bitcoin’s total 21M supply.
Bought for ~$50.5B.
Average price: ~$75,000 per BTC.
At current prices, those holdings are worth $63B+.
This isn’t a trade.
It’s a structural bet.
And it’s why Michael Saylor is one of the most important figures in Bitcoin’s history.
Back in 2020, Saylor did something no public-company CEO had done before.
He turned a corporate treasury into a Bitcoin accumulation engine.
Not as a hedge.
Not as a side allocation.
But as the core strategy.
Since then, Strategy has:
• Used equity issuance
• Used convertible debt
• Used structured financing
All for one purpose:
Acquire more BTC.
The company recently added another ~1,280 BTC using share sales.
Even at prices above $90k.
That’s conviction buying, not timing.
Why this matters goes beyond Strategy’s balance sheet.
This strategy:
• Reduced liquid BTC supply
• Normalized corporate BTC treasuries
• Changed how institutions view Bitcoin
It turned Bitcoin from a speculative asset into corporate capital.
Yes, volatility exists.
Strategy reported large unrealized swings in Q4 2025.
But that misses the point.
Saylor isn’t optimizing for quarters.
He’s optimizing for decades.
In doing so, he’s shown institutions a repeatable framework:
Bitcoin as long-duration, scarce, balance-sheet collateral.
Whether you agree or not, the impact is undeniable.
Bitcoin adoption didn’t scale through retail alone.
It scaled when corporate treasuries stepped in.
And no one pushed that door open harder than Michael Saylor.
History will remember that.
