You Won’t Believe How Many Bitcoins Strategy Just Gobbled Up!

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Oh, the cheeky little Bitcoin hoarders at Strategy have gone and done it again! They’ve scooped up a fresh pile of 593 BTC, making it their 100th purchase since they first started collecting these digital golden nuggets. One hundred! You’d think they were stacking chocolate bars instead of cryptocurrencies.

Strategy Adds 592 BTC To Its Treasure Trove

Michael Saylor, the grand poobah of Strategy, twitted (or X’ed, if you like) the news of this latest acquisition. The purchase cost a whopping $39.8 million for 592 tokens. A mere trifle for Strategy, really, but a milestone worth a drumroll: 100 purchases! Imagine counting that high without your fingers getting tired.

Since starting this Bitcoin adventure in 2020, Strategy has only sold once-back in December 2022-when BTC was wallowing at the bottom of a bear market. Other than that, they’ve been hoarding like a dragon with a sweet tooth for crypto coins, buying more and more as time waddled along.

Now, after this 100th swoop, Strategy’s pile towers to 717,722 BTC. That’s nearly 3.6% of all the Bitcoins in existence, which is like owning a tiny chocolate factory’s entire candy stash. They spent a colossal $54.56 billion collecting this glittering heap, but alas! Today it’s worth $46.48 billion-so they’re down by about 15%. Oopsie-daisy!

And speaking of oopsies, Strategy seems to have a knack for buying right when prices are peaking. This time, they’re down about 4% from their latest splurge of $67,286 per coin. Just a little financial whoops.

Filing with the US SEC reveals that this buying binge happened between February 17th and 22nd, all funded by selling MSTR stock via the firm’s ATM program. Not an actual ATM, mind you-no cash popping out, just digital fun.

Every new buy cements Strategy’s reign as the undisputed king of Bitcoin treasuries, as this delightful table from BitcoinTreasuries.net shows:

Not only are they the largest BTC hoarders, but Strategy also claims the crown for the biggest public digital asset treasury company. The runner-up? Bitmine, a Bitcoin mining company that decided Ethereum was the new candy in town last year.

Bitmine has been nibbling on Ethereum too. Last week, they added a scrumptious 51,162 ETH, bringing their total to 4,422,659 ETH-roughly 3.66% of all ETH floating around. Out of that, a hefty 3,040,483 ETH is locked away, staking like a sleepy dragon guarding its treasure. Chairman Thomas “Tom” Lee said:

In the midst of this ‘mini crypto winter,’ our focus continues to be on methodically executing our treasury strategy and steadily acquiring ETH and in turn, optimizing the yield on our ETH holdings.

BTC Price

At this very moment, Bitcoin is lazily drifting around $65,100, down over 4% in the past week. Poor thing, maybe it needs a warm cup of cocoa.

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2026-02-24 12:11