Bitcoin Market Dominance of Strategy

Bitcoin market dominance remains with Strategy, Michael Saylor’s former MicroStrategy.

Latest data from Lookonchain reveals that as of February 2025, the company held 499,096 BTC, valued at approximately $40.9 billion.

> Strategy(@Strategy) currently holds 499,096 $BTC($40.9B), with an average buying price of $66,357.
>
> Since November 2024, #Strategy has bought a total of 246,876 $BTC (costing $23.2B, now worth $20.2B) at an average price of $94,035.
>
> These 246,876 $BTC are currently facing a $3B loss.
> — Lookonchain (@lookonchain) March 10, 2025

Strategy’s Average Bitcoin Buy-in: $66,357 – Recent Buys Now Underwater

The average purchase price of this reserve averages $66,357 per Bitcoin. Despite this overall average, Strategy is currently facing a paper loss on its most recent acquisitions. This situation raises questions about its strategy and the future outlook of its Bitcoin holdings.

Related: Investor Alert: Tax Rule Change Puts Strategy’s $46 Billion Bitcoin Treasury at Risk

$3 Billion Paper Loss on Bitcoin Buys Since November 2024

Since November 2024, Strategy has been aggressively expanding its Bitcoin holdings. The company added 246,876 BTC at an average price of $94,035 per coin, costing $23.2 billion. However, due to Bitcoin’s price volatility, these assets have decreased in value, currently worth $20.2 billion, resulting in a paper loss of around $3 billion.

Peak Buying Spree: 55,500 BTC Added in One Week at $97,862 Average

The most intensive purchases occurred between November 18 and November 24, 2024. During this week, Strategy acquired 55,500 BTC at an average price of $97,862 per coin, increasing the company’s total Bitcoin reserves to 386,700 BTC.

Strategy’s Unwavering Bet on Bitcoin Despite Market Swings

Strategy’s Bitcoin acquisitions have seen ups and downs. Prices have fluctuated over time. The largest acquisition occurred between February 18 and 23, 2025, when it added 20,356 BTC at an average price of $97,514. Despite a recent downturn in Bitcoin’s market value, Strategy continues to add to its reserves, reflecting a long-term cryptocurrency strategy.

$2 Billion Funding Boost Fuels Further Bitcoin Acquisitions

To enhance its acquisition power, Strategy recently completed a $2 billion convertible notes offering. This funding allowed the company to add 20,356 BTC for approximately $1.99 billion, generating a 6.9% BTC yield year-to-date.

Related: MicroStrategy Rebrands as “Strategy₿,” Doubles Down on Bitcoin

As of February 23, 2025, Strategy has accumulated 499,096 BTC acquired for around $33.1 billion at an average price of $66,357 per Bitcoin. Despite a slowdown in acquisitions, the company remains one of the most significant corporate holders of Bitcoin.

Disclaimer: The information presented in this article is for informational and educational purposes only. It does not constitute financial advice. Coin Edition is not responsible for any losses incurred from the content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.