The Ultimate Conviction: Strategy Bitcoin Purchase Pushes Treasury Past 700,000 BTC
The corporate whale has done it again, and on a historic scale. Michael Saylor’s Strategy has executed another monumental Strategy Bitcoin purchase, acquiring a staggering 22,305 BTC for $2.13 billion. This colossal buy propels the company’s treasury past the 700,000 Bitcoin milestone—a first for any public entity—solidifying its position as the undisputed champion of corporate accumulation. This move signals supreme confidence, even as the broader market braces for a potential Supreme Court ruling on Trump’s European tariffs.
True to his word, Saylor’s cryptic “₿igger Orange” Sunday post telegraphed this mega-purchase. The acquisition, funded entirely through sales of MSTR, STRC, and STRK stock, was executed at an average price of $95,284 per Bitcoin. This brings Strategy’s total holdings to 709,715 BTC, acquired for $53.92 billion. The scale is almost unfathomable; the company now holds over 3.3% of the 21 million BTC that will ever exist.
Breaking Down the Latest Strategy Bitcoin Purchase
This isn’t just another weekly buy—it’s a strategic masterstroke. The purchase size is the largest since July 2025 and comes as Bitcoin has pulled back from its YTD highs above $97,000 to around $89,560. Saylor is effectively buying the dip with billions, converting equity into what he views as the superior treasury asset. The market now gives an 81% chance (per Polymarket) that Strategy will hold over 800,000 BTC by year’s end.
The purchase arrives at a tense macroeconomic juncture. All eyes are on the U.S. Supreme Court, which could rule as soon as today on the legality of Trump’s threatened tariffs against eight European nations. This geopolitical overhang has created market-wide uncertainty and likely contributed to BTC’s recent pullback. Strategy’s defiance of this fear is a powerful contrarian signal.
My Thoughts
This is more than accumulation; it’s a declaration of economic sovereignty. While traders fret about daily tariffs and price levels, Saylor is playing a different game entirely—a long-term game of absolute scarcity. Buying over 22,000 BTC in a single stroke during uncertainty creates a massive supply shock and sets a breathtakingly high conviction anchor for the entire market. The pending Supreme Court ruling is a short-term volatility event; Strategy’s balance sheet is a permanent, structural bullish force for Bitcoin. Every public company CEO is watching this playbook being written.
