Bitcoin News Today: MicroStrategy Now Holds More Bitcoin Than 3 Major Tech Giants Combined

MicroStrategy (MSTR) continued to expand its Bitcoin holdings in late August 2025, acquiring 430 additional BTC at an average price of $119,666 per coin, amounting to a total investment of $51.4 million. The purchase brings the company’s total Bitcoin holdings to 629,376 BTC, valued at approximately $74.9 billion at current market prices [1]. The acquisition took place amid significant price volatility, with Bitcoin reaching a peak of $124,000 on August 14 before retreating to around $115,000 by the end of the week [2].

The company has spent approximately $46.15 billion to acquire its Bitcoin portfolio since its initial accumulation strategy began in 2020. This represents an average cost per Bitcoin of $73,320. Year-to-date in 2025, MicroStrategy’s Bitcoin holdings have generated a yield of approximately 23% [1]. The latest purchase was funded through proceeds from its at-the-market preferred stock programs, underscoring the company’s ongoing strategy of leveraging capital markets to fund its Bitcoin acquisition efforts [3].

The latest acquisition highlights the continued dominance of MicroStrategy in the Bitcoin treasury space. By August 17, 2025, the company held over 3% of Bitcoin’s total circulating supply, making it the largest publicly listed corporate holder of Bitcoin [3]. In comparison, other major holders such as Tesla and Coinbase hold significantly smaller amounts, with Tesla holding 11,509 BTC and Coinbase owning 11,776 BTC [3].

The timing of the purchase was notable given the recent price swings. On August 14, Bitcoin reached an all-time high of $124,000 before falling sharply over the next few days. During this period, MicroStrategy’s co-founder and CEO, Michael Saylor, commented on the market volatility, stating, “Volatility is a gift to the faithful” [2]. The company’s strategy has been to acquire Bitcoin at opportune moments, especially during price corrections, to add to its long-term treasury. However, the most recent purchase size was relatively modest compared to earlier months, with just 430 BTC acquired, compared to purchases of thousands of coins in July [2].

The Bitcoin treasury trend has continued to gain momentum across the corporate sector, with global companies collectively buying 3,900 BTC during the week of August 11–17, according to data reposted by Saylor [2]. Other major Bitcoin holders include Marathon Digital Holdings and Galaxy Digital Holdings, which have also adopted Bitcoin as a core asset. The trend reflects growing institutional confidence in Bitcoin’s long-term value as a digital store of value and inflation hedge [4].

MicroStrategy’s Bitcoin strategy remains closely tied to its equity performance. The company has outlined a flexible capital policy that allows it to issue common stock when its market-adjusted net asset value (mNAV) is below 2.5x to fund debt and dividends, while also opportunistically issuing equity to acquire Bitcoin when its mNAV is higher [3]. This approach enables the company to balance its capital structure while continuing to grow its Bitcoin holdings. With its current Bitcoin position, MicroStrategy is positioned as a key institutional player in the cryptocurrency market, influencing price dynamics and capital allocation trends.

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[1] MicroStrategy Buys 430 More Bitcoins Worth $51.4M, Total Holdings Top 629K BTC (https://www.quiverquant.com/news/MicroStrategy+Buys+430+More+Bitcoins+Worth+%2451.4M%2C+Total+Holdings+Top+629K+BTC)

[2] Strategy Adds 430 Bitcoin As BTC Hits $124K Ahead Of Dip (https://cointelegraph.com/news/strategy-adds-51m-in-bitcoin-as-btc-hit-124k-ahead-of-dip)

[3] Strategy's Bitcoin Stash Hits 629376 BTC—More Than Tesla, Coinbase, Marathon Digital Combined (https://www.benzinga.com/crypto/cryptocurrency/25/08/47186427/strategys-bitcoin-stash-hits-629376-btc-more-than-tesla-coinbase-marathon-digital-combined)

[4] 5 Public Companies that Own Large Amounts of Bitcoin (BTC) (https://pintu.co.id/en/news/193771-5-public-companies-that-own-large-amounts-of-bitcoin-btc/amp)