Strategy’s Bitcoin Treasury Approaches $80 Billion, Rivaling Tech Giants
- Strategy’s Bitcoin treasury reached a value of nearly $80 billion as Bitcoin hit a record high of $126,080.
- The company holds a total of 640,031 BTC, surpassing the cash positions of Nvidia and Apple.
- Microsoft and Meta rejected proposals to add Bitcoin to their treasuries when BTC was valued at $97,170 and $104,800 respectively.
- Over 200 public companies now hold Bitcoin, up from fewer than 100 at the start of the year.
- Strategy’s average purchase price for Bitcoin was $73,981, resulting in a gain of approximately $30.4 billion.
As corporate adoption of Bitcoin expands, Strategy’s treasury is now comparable to those of major tech firms like Amazon and Google, which hold around $95-$97 billion in cash equivalents.
With its significant investment gains and growing treasury value, Strategy exemplifies the potential benefits of Bitcoin for corporate finance strategies today.
