Oh, what a scrumdiddlyumptious feast Strategy (formerly known as MicroStrategy, but who’s keeping track? 😏) has treated itself to! According to a recent 8-K filing with the US Securities and Exchange Commission (SEC), this greedy giant gobbled up another 525 Bitcoin (BTC) between September 8 and September 14. Talk about having a sweet tooth for digital gold! 🍫💰
Strategy’s Bitcoin Hoard Grows Fatter Than the BFG’s Ears!
Strategy, the self-proclaimed world’s leading Bitcoin treasury firm (because humility is so last century), has beefed up its BTC reserves with 525 more coins, worth a whopping $60.2 million. The average price per BTC? A cool $114,562. That’s more than most people’s houses, but who’s counting? 🏠💸
Now, Strategy’s treasure chest holds a staggering 638,985 BTC, valued at over $73 billion. Their average purchase price? Around $73,913 per BTC. Total acquisition cost? A mere $47.2 billion. Essentially, they’ve snatched up more than 3% of Bitcoin’s total supply. Paper gains? Oh, just a casual $26 billion. No biggie. 🤑📈
And how did they fund this digital shopping spree? By selling their Perpetual Strike preferred stock (STRK), perpetual Stride preferred stock (STRD), and perpetual Strife preferred stock (STRF). Because why not juggle stocks like a circus performer? 🎪🤹♂️
Despite today’s purchase, Strategy’s stock (MSTR) is down 2.15%, trading at $324.31. But hey, it’s up 11.89% year-to-date, so they’re still grinning like the Cheshire Cat. 😼📉
According to Coingecko, Strategy is the Willy Wonka of Bitcoin, holding more BTC than any other publicly-listed company. MARA Holdings comes in second with a measly 52,477 BTC. Poor dears. 🏆🤏
BitMine Dives Deeper into the Ethereum Chocolate River!
Meanwhile, BitMine Immersion Technologies has decided Ethereum is the new candy. They’ve added 82,233 ETH to their stash, worth around $370 million. Their total crypto and cash holdings now exceed $10 billion. Tom Lee’s BitMine now holds over 2.1 million ETH, worth nearly $9.75 billion, plus 192 BTC and $569 million in cash. Talk about a diversified sweet shop! 🍭💼
In the Ethereum race, BitMine is the golden ticket winner, followed by SharpLink, Coinbase, Bit Digital, and ETHZilla. Who needs a chocolate factory when you’ve got crypto? 🏭✨
And it’s not just companies joining the crypto feast-nations are jumping on the bandwagon too! El Salvador was the first to adopt a BTC strategy, but now Kyrgyzstan, the Philippines, and Brazil are eyeing the digital buffet. Even Alex Thorn from Galaxy Digital thinks the US might establish a Bitcoin reserve by 2025. The world’s gone crypto-crazy! 🌍🚀
At press time, BTC is trading at $114,864, down 0.6% in the past 24 hours. But who cares? The crypto party is just getting started! 🎉🎈
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2025-09-16 10:36