Michael Saylor’s cryptocurrency-focused firm, Strategy, has made headlines once again as its Bitcoin assets have reached a staggering valuation of $77.4 billion. This impressive figure now positions Strategy’s holdings higher than several prominent banking institutions and aligns with the annual economic outputs of certain countries.
Reflecting on the firm’s journey, Saylor remarked, “Our journey began with $0.25 billion in Bitcoin — and an immediate $0.04 billion unrealized loss.” This latest valuation nearly doubles the firm’s assets since 2024, indicating a robust recovery and growth within the cryptocurrency market.
The valuation surge correlates with Bitcoin’s resurgence, briefly touching the $120,000 mark. Despite a slight decline of approximately 3% from its peaks in mid-August, Strategy’s impressive accumulation of 11,085 BTC over the last seven weeks has significantly contributed to its rising worth. A recent minor addition of 196 BTC was recorded just this past Monday, underscoring the firm’s proactive approach in strengthening its cryptocurrency position.
Currently, Strategy controls a prominent stash of 640,031 BTC, representing about 3.2% of Bitcoin’s total circulating supply. In contrast, the next largest publicly listed Bitcoin asset treasury, MARA Holdings, possesses only 52,477 BTC, worth around $6.3 billion. This differential highlights Strategy’s substantial lead in the crypto asset management sector.
Strategy’s Bitcoin valuation also opens up fascinating economic comparisons. For instance, with $77 billion, one could purchase an impressive 2,566,667 vehicles valued at $30,000 each or secure approximately 385,000 homes priced at $200,000 each. Such metrics illustrate not just the scale of Strategy’s holdings, but also the broader implications for the cryptocurrency ecosystem.
Moreover, the firm’s Bitcoin portfolio’s worth is comparable to the gross domestic product (GDP) of various nations, including Uruguay, Sri Lanka, and Slovenia. This remarkable parallel showcases how the cryptocurrency landscape has evolved, with private enterprises amassing wealth that rivals state economies.
When discussing national Bitcoin holdings, it’s essential to note El Salvador, recognized as the nation holding the largest Bitcoin treasury. The country is reported to maintain 6,338 BTC, valued at approximately $762.5 million. This amount is just shy of its all-time high valuation of around $770 million, achieved in mid-August. The controversy around El Salvador’s acquisition strategy persists, particularly given its slower accumulation rate of one BTC per day.
As of now, public and private companies collectively own about 1.32 million BTC, accounting for around 6.6% of Bitcoin’s total supply, worth nearly $159 billion at current market values, according to BitcoinTreasuries.NET. Among these entities, Strategy dominates the landscape, accounting for nearly half—approximately 48%—of the total BTC holdings across around 266 firms.
This prominence solidifies Strategy’s position as a heavyweight in the digital asset treasury space, setting the stage for further developments in how cryptocurrency is perceived within the wider financial ecosystem.
