$BTC Bitcoin Price Surpasses \$120,000, Michael Saylor’s Company Makes \$18 Million New Purchase**
**August 12, 2025**
Bitcoin’s price crossed the \$122,290 mark on Sunday night, shortly after Michael Saylor’s company *Strategy* announced the purchase of 155 Bitcoins worth approximately \$18 million.
This milestone also marks the completion of five years of the company’s Bitcoin treasury strategy. With this latest acquisition, the company now holds a total of 628,946 Bitcoins — roughly 3% of the total Bitcoin supply.
The purchase was funded through the company’s STRF ATM (At-the-Market) and previously issued stock.
The total value of Strategy’s Bitcoin holdings has now reached around \$46.1 billion, with an average purchase price of approximately \$73,288 per coin. On this occasion, company chairman Michael Saylor stated:
> “If you don’t stop buying Bitcoin, your earnings won’t stop either.”
Strategy first purchased $BTC in August 2020, acquiring around 21,454 Bitcoins for \$250 million, when the price was about \$11,400 per coin. Since then, Bitcoin’s price has risen dramatically, proving the success of Strategy’s approach.
Although the latest purchase is smaller than last month’s major acquisition, it demonstrates the company’s strong commitment to ongoing Bitcoin investment.
This strategy has also encouraged other companies to include Bitcoin as part of their treasury reserves. Strategy’s purchases have had a positive impact on the market and increased interest among institutional investors.
Michael Saylor expects $BTC prices to rise further in the future and has announced plans to continue buying in the coming years. As a result, Bitcoin is increasingly seen as a stable investment in the cryptocurrency market, enhancing its importance in the global financial system.
