Strategy BTC Stash $36B But Data Shows Leverage Risk Is Low

  • Strategy’s BTC leverage ratio has dropped to just 0.22, its lowest point in years.

  • With $35.9B in Bitcoin and a solid 11.4% YTD return, Strategy’s BTC bet has paid off.

  • Japan’s Metaplanet and Hong Kong’s HK Asia Holdings are following Strategy’s footsteps.

Strategy (formerly MicroStrategy), the poster child of corporate BTC accumulation, has just added another 3,459 BTC ($285.8 million) to its reserves, bringing its total now to a staggering 531,644 BTC, worth over $35.9 billion, noted blockchain analysis platform Lookonchain.

MicroStrategy(@Strategy) bought another 3,459 $BTC($285.8M) at an average price of $82,618 last week.#Strategy currently holds 531,644 $BTC($35.92B), with an average buying price of $67,556.https://t.co/KSIEmEnUzJ pic.twitter.com/siFIoASRXk

— Lookonchain (@lookonchain) April 14, 2025

How Leveraged is Strategy Inc After the Latest Bitcoin Buy?

While the online rumor mill churns about Strategy being dangerously leveraged, data suggests otherwise. 

A breakdown of Strategy’s BTC Leverage Ratio–calculated as (Debt + Preferred Equity) ÷ Value of Held BTC–shows that the company’s current risk exposure is well below…

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