Strategy Inc.’s Bitcoin Holdings Hit $77.4 Billion, Outpacing Major Banks

Michael Saylor’s company, Strategy Inc., has reached a new milestone with its Bitcoin holdings valued at $77.4 billion. This achievement follows years of steady accumulation, positioning the firm ahead of several major banks in asset value and on par with the economies of some countries.

Strategy’s Bitcoin Portfolio Reaches New Peak

Saylor shared on X that Strategy began its Bitcoin journey with $0.25 billion, followed by an unrealized loss of $0.04 billion as the price slipped. From that early position, consistent accumulation has lifted the company’s holdings to $77.4 billion, setting a new record high.

This milestone coincides with Bitcoin trading at $120,000, after gaining more than 10% in the past week and about 2% in the last 24 hours. Although still 3% below its all-time high, the recent increase in price has contributed to Strategy’s record valuation.

At the same time, the company continued to grow its Bitcoin holdings, adding 11,085 BTC over the past seven weeks. The latest addition, on September 29, was 196 BTC for about $22.1 million, at an average cost of $113,048 per coin.

Strategy now holds 640,031 BTC in total, equal to 3.2% of the coins currently in circulation. The scale of this holding positions the company as the largest corporate owner of Bitcoin globally.

Corporate Bitcoin Holdings and Strategy’s Dominance

The firm’s Bitcoin reserve is larger than the market capitalization of banks such as BNY Mellon, Sberbank, US Bancorp, CIBC, ING, and Barclays. While Strategy holds the largest corporate Bitcoin treasury, the following companies round out the top five :

• MARA Holdings Inc. holds 52,477 BTC, valued at $6.32 billion.
• XXI owns 43,514 BTC, worth $5.24 billion.
• Metaplanet has 30,823 BTC, with a value of $3.71 billion.
• Bitcoin Standard Treasury Company holds 30,021 BTC, valued at $3.61 billion.

In total, public and private companies hold 1.32 million BTC, about 6.6% of the circulating supply, with a combined value near $159 billion. Strategy Inc. accounts for 48% of that total, making it the dominant holder among roughly 266 companies with Bitcoin treasuries.

Julio Moreno, head of research at CryptoQuant, reported on recent corporate buying . In September, Strategy acquired 7,600 Bitcoins. Metaplanet followed with 6,600 Bitcoins, including 5,300 recently announced, and Strive added 5,900. Moreno’s data excluded mining companies and businesses with large operating models.

Nation-State Holdings and Future Outlook

El Salvador continues to lead among governments with its Bitcoin position. Data from the country’s Bitcoin Office shows 6,338.18 BTC under state ownership, worth about $762.5 million at current market prices.

Looking ahead, Saylor has predicted that BTC could eventually reach $1 million per coin . If this forecast holds, Strategy’s 640,031 BTC would be worth around $640 billion, dramatically increasing the company’s corporate and financial significance.