Five-Year Bitcoin Strategy Anniversary Sees $18M Investment

Michael Saylor's corporate entity Strategy commemorated five years of Bitcoin adoption by acquiring $18 million worth of BTC last week. The purchase brings their total holdings to 628,946 BTC, valued at approximately $46.1 billion based on an average acquisition price of $73,288 per coin.

Details of the Latest Bitcoin Purchase

According to SEC filings, Strategy purchased 155 BTC at an average price of $116,401 per coin during the week ending August 4, 2025. The acquisition occurred as Bitcoin prices fluctuated between $114,000 and $122,000, nearing all-time highs. ——This marks the 74th Bitcoin purchase since Strategy began accumulating the cryptocurrency in 2020——

From $250M Initial Investment to Market Dominance

Strategy launched its Bitcoin treasury strategy on August 11, 2020, with an initial $250 million purchase of 21,454 BTC when prices hovered around $11,400. The cryptocurrency has since appreciated approximately 960%, delivering substantial returns on the investment. 【The company's holdings now represent about 3% of Bitcoin's total circulating supply】

Consistent Accumulation Despite Price Volatility

While the recent 155 BTC purchase ranks among Strategy's smallest acquisitions, it continues the firm's unbroken streak of Bitcoin accumulation. Saylor recently reiterated his long-term bullish stance, predicting Bitcoin could reach $21 million within 21 years. Interestingly, the executive maintains that price fluctuations won't deter future purchases, stating "If you don't stop buying Bitcoin, you won't stop making money."

Market Reaction and Comparative Analysis

The modest size of the anniversary purchase drew mixed reactions, with some observers expecting larger commemorative acquisition. However, Strategy's purchase history shows even smaller transactions, including a 130 BTC buy in March 2025 and a $5 million purchase in November 2023. ——Analysts note these periodic small purchases may indicate dollar-cost averaging alongside larger strategic acquisitions——

Bitcoin's Corporate Adoption Trend

Strategy's five-year Bitcoin journey has inspired numerous companies to consider cryptocurrency treasury strategies. As of press time, Bitcoin trades at $120,000, validating Strategy's early adoption while raising questions about optimal entry points for new corporate investors. The SEC filing reveals Strategy's total Bitcoin investment now represents one of the largest corporate cryptocurrency positions globally.