Strategy’s latest treasury update spotlights its aggressive accumulation and growing clout in bitcoin adoption. The company said it acquired an additional 525 BTC for approximately $60.2 million at an average price of $114,562 per bitcoin between September 8 and September 14, 2025. This move lifts its total to 638,985 BTC, underscoring sustained confidence in Bitcoin and expanding its Bitcoin stash.
Fresh buys and rising paper gains
According to the company, its aggregate Bitcoin stash is valued at around $73.4 billion. It was acquired at an average price of $73,913 per bitcoin for a total cost of approximately $47.2 billion. As a result, Strategy is sitting on about $26 billion in paper gains, highlighting the impact of disciplined accumulation on its Bitcoin stash.
Meanwhile, the latest acquisitions were funded by proceeds from the issuance and sale of Strategy’s perpetual preferred stocks. The capital strategy appears designed to scale exposure without tapping operating cash.
Performance and index ambitions
The company notes its stock has achieved a 91% annualized return since adopting its Bitcoin strategy. It says this has outperformed the “Magnificent 7,” positioning Strategy closer to potential S&P 500 inclusion, according to its update.
Key context:
– Total holdings: 638,985 BTC
– Recent purchase: 525 BTC at an average $114,562
– Aggregate cost basis: $47.2 billion at $73,913 per BTC
– Estimated value: roughly $73.4 billion
For background on corporate treasury approaches to digital assets, see this overview from Wikipedia. For a deeper primer on how value storage works in crypto, read our guide on how stablecoins work.
