Strategy co-founder Michael Saylor stated that the company will take the opportunity to buy Bitcoin, as the current Bitcoin price is slightly below the historical high set on Thursday.
The company's most recent Bitcoin purchase was on Monday, when Strategy acquired 155 Bitcoins for $18 million, bringing its total holdings to 628,946 Bitcoins, valued at over $74.2 billion.
According to SaylorTracker, the company's Bitcoin investment has yielded over 60% returns, with unrealized gains of approximately $28 billion.
Strategy continues to be a proxy investment in Bitcoin for institutional funds that cannot legally hold Bitcoin and ordinary investors who do not wish to custody cryptocurrencies.
The company pioneered the corporate Bitcoin reserve model, inspiring many imitators, including some altcoin reserve companies.
Saylor is not worried about the rise of altcoin reserve companies.
Saylor stated that he is not concerned about the growing trend of altcoin reserve companies, believing that funds are still primarily flowing into Bitcoin.
"We have increased from about 60 companies to 160 companies entering the Bitcoin market in the past six months; therefore, I remain highly focused on Bitcoin," he said in an interview with Bloomberg.
Since President Trump was elected in November 2024, Strategy's Bitcoin holdings have doubled, increasing by 376,726 Bitcoins in just nine months.
Since it started buying Bitcoin in 2020, Strategy's stock price has risen nearly 2600% in five years, attracting interest from institutional investors, cryptocurrency traders, and retail equity investors.
According to data from BitcoinTreasuries, Strategy is the largest corporate holder of Bitcoin, owning more Bitcoin than the total of the other top 10 Bitcoin reserve companies, ensuring its competitive edge.
