Michael Saylor pointed out an imminent Bitcoin purchase by the company, while the price of Bitcoin remained below the all-time high of over $124,000 reached on Thursday.
The company's most recent acquisition of Bitcoin occurred on Monday, when Strategy purchased 155 BTC for $18 million, bringing its total holdings to 628,946 BTC, valued at over $74.2 billion.
Data from SaylorTracker shows that the company has increased its investment in BTC by more than 60%, representing over $28 billion in unrealized gains.
The strategy remains a proxy investment in Bitcoin for institutional funds that cannot legally hold BTC due to mandates and retail investors who do not want to custody cryptocurrencies.
The company pioneered the corporate treasury model for Bitcoin, generating a torrent of imitators, including altcoin treasury companies.
Saylor recently said that he is not concerned about the growing trend of altcoin treasury companies competing for market share and investor attention.
"I still think that the vast majority of the capital flowing into the space is flowing into Bitcoin," Saylor told Bloomberg in August.
"We went from having approximately 60 companies capitalizing on Bitcoin to 160 companies in just the last six months, so I'm entirely focused on Bitcoin," he continued.
Strategy has more than doubled its Bitcoin holdings since the election of U.S. President Donald Trump in November 2024, acquiring 376,726 BTC in just nine months.
In comparison, Strategy took more than four years to accumulate 252,220 BTC before the accelerated pace of purchases triggered by the 2024 U.S. presidential elections.
The company began buying Bitcoin in 2020, which caused the price of its shares to appreciate by nearly 2,600% in five years, attracting the interest of institutional investors, cryptocurrency traders, and retail stock buyers.
Strategy is the largest corporate holder of Bitcoin, according to BitcoinTreasuries, and its reserve of 628,946 BTC means that the company has accumulated more Bitcoin than the top 10 Bitcoin treasury companies combined, giving it a significant advantage over its competitors.
