Strategic Bitcoin Acquisition
Strategy Inc. acquired an additional 168 BTC on October 20 for approximately $18.8 million in total. The average purchase price was $112,051 per bitcoin, funded through proceeds from at-the-market sales of its STRF, STRK, and STRD preferred stock.
According to the SEC filing, the company raised $11.2 million from STRF, $5.1 million from STRK, and $2.6 million from STRD. These funds enabled the company to expand its Bitcoin treasury position while avoiding direct balance sheet strain.
The company now holds 640,418 BTC acquired for a combined $47.40 billion at an average cost of $74,010 per bitcoin. This represents more than 3% of Bitcoin’s total capped supply of 21 million coins.
Strategy has achieved a 26% Bitcoin yield year-to-date in 2025, reflecting favorable market conditions and strong asset performance. Current market pricing places its holdings’ value near $71.1 billion, indicating unrealized gains of around $23.7 billion.
Institutional Bitcoin Adoption Reaches New Heights
According to Bitwise’s Q3 2025 report, corporate entities now hold 1.02 million BTC, or 4.87% of total supply. The report also shows a 38.7% quarterly increase in public companies holding BTC, totaling 172 firms globally.
Leading holders include Strategy with 640,418 BTC, followed by MARA Holdings at 52,850 BTC, and XXI at 43,514 BTC. Q3 alone recorded 176,762 BTC in new corporate purchases, highlighting surging institutional demand.
Meanwhile, Strategy stock closed at $289.87, rising 2.12% on the day and reaching $299.89 in pre-market trading. Its current valuation stands at $83.22 billion with investor confidence supported by its growing crypto exposure.
Key Acquisition Details
- •Strategy purchased 168 BTC at $112K each using proceeds from preferred stock sales.
- •Total holdings reached 640,418 BTC, representing over 3% of Bitcoin’s total supply.
- •Corporate Bitcoin adoption surged in Q3 with 176,762 BTC bought by public companies.