Strategy Inc. (MSTR), the Tysons Corner–based firm formerly known for its enterprise software business, has significantly expanded its cryptocurrency treasury, officially surpassing the 700,000 Bitcoin milestone. The move reinforces the company’s long-standing, aggressive accumulation strategy and further cements its position as one of the largest corporate holders of Bitcoin worldwide.

The latest purchase reflects Strategy’s unwavering conviction in Bitcoin as a long-term store of value, even amid elevated prices and ongoing market volatility.

$2.13 Billion Bitcoin Purchase Disclosed

In a recent Form 8-K filing with the U.S. Securities and Exchange Commission (SEC), Strategy revealed that it acquired an additional 22,305 BTC between January 12 and January 19, 2026. The purchase totaled approximately $2.13 billion, with an average acquisition price of $95,284 per Bitcoin.

Following this transaction, Strategy’s total Bitcoin holdings now stand at 709,715 BTC, representing one of the largest known corporate crypto treasuries in existence.

Equity-Funded Strategy and Cost Basis Update

The entire acquisition was financed through Strategy’s At-The-Market (ATM)equity offering program, which raised $2.125 billion in net proceeds. The company achieved this by issuing shares across its increasingly complex capital structure, which includes multiple classes of preferred stock.

As a result of the latest purchase, Strategy’s total Bitcoin cost basis has climbed to approximately $54 billion, with an average cost per coin of nearly $76,000 across its full holdings. The figures highlight both the scale of Strategy’s exposure and its willingness to continue accumulating Bitcoin at historically high price levels.