The strategy now owns $65 billion worth of Bitcoin, and this is its largest Bitcoin purchase

Software company transformed Bitcoin Treasury Company strategy BTC has been buying BTC for more than five years, pioneering the growing trend of publicly traded companies adding cryptocurrencies to their balance sheets.

What started as a way to “Maximize long-term shareholder value” It has turned into an industry-changing model that has been further enhanced by the greater intertwining of traditional financial markets and cryptocurrencies.

Along the way, Strategy has amassed 843,738 Bitcoin, or roughly 4% of the total fixed supply of Bitcoin of 21 million — an amount that amounts to roughly $65 billion at today’s Bitcoin price of over $76,500.

No matter how high the price of Bitcoin gets, Michael Saylor, co-founder and executive chairman of Strategy, has committed to it “Buy the top forever” It brought the company’s average entry price to more than $75,700 per bitcoin — more than seven times the average cost of the company’s first bitcoin purchase.

Below, we take a look at Strategy’s seven largest bitcoin purchases to date and their direct effects on the price of bitcoin, identified from the time of Saylor’s social media announcements.

#1) 55,500 Bitcoin – November 25, 2024

Average price: $97,862
Total spending: $5.4 billion

Michael Saylor announced Strategy’s largest ever purchase of Bitcoin, in both BTC and USD denominations, On November 25th In 2024. The purchase of 55,500 bitcoins surpassed the previous highest acquisition of more than $800 million.

In the hours following Saylor’s announcement, bitcoin fell about $4,000 to below $94,000, a 4% drop from the average price paid by Strategy.

2) 51,780 Bitcoin – November 18, 2024

Average price: $88,627
Total spending: $4.6 billion

The second largest Buying Bitcoin in the history of the strategy It came just a week before the largest purchase ever. Although Bitcoin fell in the hour following the announcement, there was a rebound, reaching a daily high of $92,653, just 2% below its all-time high, according to data from CoinGecko.

The next day, Bitcoin reached a level New all-time high price More than $94,000. Buying strategy It raised its holdings to 331,200 BTC.

3) 34,200 Bitcoin – April 20, 2026

Average price: $74,395
Total spending: $2.54 billion

Strategy announced The third largest Bitcoin purchase ever on April 20In 2026, she added 34,200 BTC to her stash and brought her total holdings to over 815,000 BTC in the process, valued at around $62 billion shortly after her purchase.

Unlike previous purchases that were largely funded by convertible bonds, Strategy’s third-largest accumulation was backed by Stretch (STRC), its dividend-paying preferred stock.

While the company’s purchases have often been followed by a decline in Bitcoin prices, after its announcement on April 20, Bitcoin rose more than 1% and was trading on April 21 at around $75,907. This gave the company a small unrealized gain from the announced purchase.

4) 29,646 Bitcoin – December 21, 2020

Average price: $21,925
Total spending: $650 million

Strategy’s fourth-largest Bitcoin purchase took place in December 2020 amid rising Bitcoin prices and bullish market sentiment. The company revealed the purchase of 29,645 Bitcoin in its fourth Bitcoin acquisition ever.

Although the purchase was the largest for the strategy at the time, the price of Bitcoin was relatively unchanged in the 24 hours following the announcement. Data from CoinGecko shows Bitcoin’s opening price was $23,518 on December 21, closing a day later at $23,795 for a small gain.

5) 27,200 Bitcoin – November 11, 2024

Average price: $74,463
Total spending: $2.03 billion

The strategy was announced less than a week after Donald Trump won his second presidential election Buy 27,200 Bitcoin. This stash was purchased during the time frame of October 31 to November 10, a time when Bitcoin’s price ranged from $72,000 to $80,000.

However, following Saylor’s announcement on the morning of November 11, Bitcoin moved upwards violently, closing the day at $88,637 — a move of more than 10% — after setting a new all-time high after the election.

6) 24,869 Bitcoin – May 18, 2026

Average price: $80,985
Total spending: $2.01 billion

The strategy relied on the offering of its preferred stock — STRC — to help Grab approximately 25,000 Bitcoin With a value of more than $2.01 billion in May 2026.

The purchase was the sixth-largest purchase ever in terms of Bitcoin category, pushing the average Bitcoin acquisition price to around $75,701 in the process.

However, like many other large purchases from the company, the price of Bitcoin fell shortly after the purchase was announced. Within two days of the company’s announcement on May 18, bitcoin fell nearly 4.5% to trade at $77,207 — and then later in the week, it fell below the $75,000 level for the first time in more than a month.

7) 22,337 Bitcoin – March 16, 2026

Average price: $70,194
Total spending: $1.57 billion

The strategy is made Third largest purchase of 2026 Towards the end of the first quarter, it acquired 22,337 Bitcoin worth $1.57 billion at the time of purchase.

The purchase is good enough for the seventh-largest bitcoin-denominated purchase ever, with this large purchase driven by ongoing sales of its preferred stock offering – STRETCH (STRC) – which pays dividends to holders and is sometimes issued when it trades above $100. When this is the case, the company takes the funds raised from its issuance and buys more Bitcoin.

While most of the company’s large purchases have typically been met with price declines shortly after they were purchased, Bitcoin actually ranged upwards from an average purchase price of $70,194, surpassing $75,000 on the same day the purchase was announced. However, in the days that followed, the price fell, briefly below $70,000.

Editor’s Note: This story was originally published on November 19, 2024, and was last updated with new details on May 24, 2026.