- Strategy now holds 607,770 Bitcoin, valued at $71.8 billion, signaling steady growth in its crypto treasury strategy.
- The company increased its STRC preferred stock IPO from $500 million to $2.4 billion to raise capital for further Bitcoin acquisitions.
- Strategy’s previous tracker posts have consistently preceded purchases, reinforcing expectations of another BTC buy in the immediate term.
Strategy Executive Chairman Michael Saylor has posted the firm’s updated Bitcoin portfolio tracker, signaling a likely new purchase. The tracker, shared on his X account, discloses that Strategy now holds 607,770 Bitcoin, valued at approximately $71.8 billion at current market prices.
The release of the portfolio tracker has historically preceded official Bitcoin acquisition announcements. Last week, Strategy added 4,225 BTC shortly after Saylor’s previous post. The company had taken a brief one-week pause following a 12-week buying streak. Since then, it has resumed with two consecutive weekly purchases, surpassing the 600,000 BTC threshold.
Capital Reserves Ready for Deployment
Strategy’s expanding acquisition strategy is being supported by strong capital reserves. The firm recently announced plans to raise funds through an IPO of preferred stock under the STRC label. Initially targeting $500 million, the Strategy later increased the offering to $2.4 billion due to high investor interest.
Saylor’s post, captioned “It all began with a quarter billion in bitcoin” refers to Strategy’s initial $250 million Bitcoin investment in August 2020. That move marked its formal shift into a Bitcoin treasury company. Market observers believe the company could replicate the same amount in an upcoming purchase, aligning with the historical reference.
Institutional Interest Grows as Strategy Builds Holdings
Besides Strategy, other large institutions are moving to expand their exposure to Bitcoin. MARA Holdings, the second-largest corporate holder, has disclosed plans to raise $850 million for additional Bitcoin acquisitions. Growing institutional momentum could influence Bitcoin prices in the coming weeks, especially if the $110,000 support level remains intact.
