Bitcoin News Today: Corporations Outpace Miners in Bitcoin Buying, Fueling Supply Shortage and Price Surge

Michael Saylor, executive chairman of Strategy (formerly MicroStrategy), has signaled the potential for another Bitcoin purchase, following the release of the company’s Bitcoin holdings tracker on X. This move, historically a precursor to new acquisitions, comes as the firm continues its aggressive accumulation strategy, which has seen it amass 639,835 BTC as of September 21, 2025, valued at approximately $71.73 billion. The tracker’s recurrence, now in its tenth consecutive week, aligns with a pattern where updates typically precede official buy announcementsMichael Saylor Teases New Bitcoin Buy After …^[1]. Saylor’s recent post, emphasizing “Always ₿e Stacking,” has intensified speculation about further purchasesMichael Saylor Bitcoin Tracker Hints at More Big Buys^[3].

Strategy’s Bitcoin purchases are funded through at-the-market (ATM) equity programs, including the issuance of preferred shares such as STRF and MSTR. Between September 15 and September 21, 2025, the company raised $100 million via the sale of these shares, with the proceeds directly allocated to Bitcoin acquisitionsBillionaire Michael Saylor Purchases 850 BTC at $117K, Total …^[4]. This approach underscores the firm’s long-term commitment to using corporate capital to build a reserve asset, a strategy that has seen Strategy’s BTC treasury grow by 15.5% year-to-date (YTD) in 2025Michael Saylor Reveals Bitcoin Tracker as New …^[2]. The company’s average cost per Bitcoin stands at $73,972, significantly below the current market price of $112,241, resulting in a 51.56% profit margin on its holdingsMichael Saylor Bitcoin Tracker Hints at More Big Buys^[3].

Recent transactions highlight the scale of Strategy’s accumulation efforts. On September 21, 2025, the firm purchased 850 BTC at an average price of $117,344 per coin, totaling $99.7 million. This acquisition, funded by proceeds from STRF and MSTR share sales, brought total holdings to 639,835 BTC, with the company reporting a YTD Bitcoin yield of 26.0%Billionaire Michael Saylor Purchases 850 BTC at $117K, Total …^[4]. Strategy’s treasury now accounts for roughly 3% of Bitcoin’s total supply, positioning it as the largest corporate holder of the asset globallyMichael Saylor Bitcoin Tracker Hints at More Big Buys^[3]. The firm’s acquisition strategy, characterized by dollar-cost averaging (DCA), has been executed through nine consecutive weekly purchases since mid-April 2025Michael Saylor Reveals Bitcoin Tracker as New …^[2].

The impact of corporate Bitcoin adoption on market dynamics is notable. According to Saylor, companies and ETFs are collectively purchasing 3,185 BTC daily—exceeding the 900 BTC mined naturally by the network—creating a supply shortage that exerts upward pressure on pricesMichael Saylor’s Bitcoin Price Prediction Suggests …^[5]. This dynamic is amplified by Strategy’s role as a bellwether for institutional adoption, with its treasury model influencing broader corporate strategies. Analysts have described the trend as a “nationalization of Bitcoin supply,” as companies increasingly allocate capital to the assetMichael Saylor Bitcoin Tracker Hints at More Big Buys^[3].

Market observers note that Strategy’s actions align with broader macroeconomic and regulatory trends. The firm’s treasury has grown to a market value of $71.9 billion, with its stock (MSTR) reflecting strong performance: a 75.4% gain over the past year and a 2,400% return over five yearsMichael Saylor Bitcoin Tracker Hints at More Big Buys^[3]. This performance has positioned MSTR as a proxy for Bitcoin exposure, particularly for institutions restricted from direct crypto holdings. Saylor has emphasized Bitcoin’s role as a strategic hedge against macroeconomic volatility, a thesis reinforced by the company’s disciplined capital allocation and regulatory complianceMichael Saylor Reveals Bitcoin Tracker as New …^[2].

As Strategy continues to expand its Bitcoin treasury, the focus remains on sustaining its acquisition momentum. With over $18 billion in remaining capacity under its ATM programs and billions in unrealized gains, the firm is well-positioned to maintain its purchasing pace. Saylor’s vision, rooted in the belief that Bitcoin will underpin future credit instruments, underscores the company’s conviction in the asset’s long-term value proposition. The ongoing accumulation not only reshapes corporate treasury strategies but also reinforces Bitcoin’s narrative as a digital store of value in an evolving financial landscape.