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Michael Saylor’s Strategy Nears 600,000 Bitcoin Holdings Amid Potential Continued Purchases

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(11:21 PM UTC)
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  • Michael Saylor’s Strategy nears a historic 600,000 Bitcoin holdings after its twelfth consecutive weekly purchase, signaling sustained corporate confidence in BTC.

  • With 597,325 BTC currently held, Strategy is on the cusp of breaking its own record for consecutive Bitcoin acquisitions, reflecting a broader trend of institutional accumulation.

  • According to COINOTAG, 18 companies collectively added 8,400 BTC last week, underscoring a significant surge in corporate Bitcoin adoption and market optimism.

Michael Saylor’s Strategy approaches 600K BTC after 12 straight weekly buys, amid rising corporate Bitcoin adoption and market momentum near all-time highs.

Strategy’s Bitcoin Accumulation Approaches 600,000 BTC Milestone

Michael Saylor’s Strategy has steadily increased its Bitcoin reserves, now holding 597,325 BTC, valued at over $64.5 billion. 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.

Record-Breaking Consecutive Bitcoin Purchases Signal Strong Institutional Demand

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.

Market Impact and Corporate Bitcoin Adoption Trends

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.

Legal Challenges and Market Resilience

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.

Conclusion

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.

Sheila Belson

Sheila Belson

Sheila Belson is a 20-year-old financial content editor who ventured into the realm of cryptocurrencies in 2023. Enthralled by the innovative world of non-fungible tokens (NFTs), she harbours a profound affection for Ethereum. With a sharp eye for detail, Sheila skillfully navigates the dynamic crypto landscape, continuously seeking to enrich her understanding and share her passion through engaging and insightful content.
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    Michael Saylor’s Strategy Nears 600,000 Bitcoin Holdings Amid Potential Continued Purchases - COINOTAG