Strategy Nears 600,000 Bitcoin Holding Milestone With 12th Consecutive Weekly Purchase

Michael Saylor’s Strategy is nearing a historic milestone of 600,000 Bitcoin holdings, following its twelfth consecutive weekly purchase. This sustained corporate confidence in Bitcoin (BTC) underscores a broader trend of institutional accumulation. With 597,325 BTC currently held, Strategy is on the brink of breaking its own record for consecutive Bitcoin acquisitions. This accumulation reflects a disciplined approach to corporate Bitcoin investment, with the latest purchase adding 4,980 BTC worth $531 million. The company is just 2,675 BTC shy of reaching the significant 600,000 BTC threshold, a milestone that would reinforce its position as one of the largest institutional Bitcoin holders globally. This ongoing accumulation highlights Strategy’s confidence in Bitcoin’s long-term value proposition, despite market fluctuations and regulatory challenges.

Strategy’s twelfth consecutive weekly Bitcoin purchase sets a precedent in institutional accumulation patterns. If the company proceeds with another acquisition, it will establish a new record of 13 consecutive weeks of buying. This streak demonstrates a methodical and sustained investment strategy, contrasting with the often volatile and speculative nature of cryptocurrency markets. The consistency of these purchases suggests that Strategy views Bitcoin as a core asset, reinforcing the growing trend of corporate adoption. Market analysts note that such persistent buying activity can act as a catalyst for broader market confidence and price stability.

Beyond Strategy’s activities, corporate Bitcoin adoption is gaining momentum. Last week alone, 18 companies added a combined total of 8,400 BTC to their portfolios, signaling increased institutional interest. Notably, design platform Figma contributed significantly to this influx, reflecting diverse industry sectors embracing Bitcoin. This collective buying pressure has helped push Bitcoin’s price to within 3% of its all-time high of $111,970, currently trading at approximately $108,675. The surge in corporate holdings underscores a growing recognition of Bitcoin as a strategic asset in diversified portfolios.

Despite the positive market dynamics, Strategy faces legal scrutiny related to alleged nondisclosure of unrealized losses from the first quarter of 2025. A pending class-action lawsuit centers on Bitcoin-related accounting practices, which could introduce uncertainty regarding the company’s future buying behavior. However, no official statement has been released by Strategy addressing these allegations. Market participants remain cautiously optimistic, viewing the company’s continued acquisitions as a sign of resilience amid regulatory and legal pressures.

Michael Saylor’s Strategy is on the verge of a landmark Bitcoin holding milestone, reflecting a broader institutional embrace of cryptocurrency assets. The company’s disciplined accumulation, coupled with rising corporate adoption across multiple sectors, is contributing to Bitcoin’s robust market momentum. While legal challenges pose potential risks, the sustained buying streak and growing market confidence suggest that Bitcoin remains a pivotal asset in institutional investment strategies. Investors should monitor Strategy’s next moves closely as they may influence broader market trends.