Strategy, the Bitcoin-first treasury company led by Michael Saylor, has added to its massive holdings this week, purchasing 220 BTC for roughly $27.2 million and nudging its total stash to 640,250 coins. The company disclosed the buys in an October 13 press release that summarized activity for the week of October 6–12, saying the 220-coin purchase came at an average price of about $123,561 per Bitcoin.
The move was flagged publicly by Saylor on X, where he noted the company’s year-to-date Bitcoin yield of 25.9% and reiterated Strategy’s aggregate position: as of October 12, 2025, the firm holds 640,250 BTC that were acquired for an aggregate cost of roughly $47.38 billion, an average cost basis of about $74,000 per coin. In his post, Saylor also used the now-familiar shorthand, writing, “we hodl 640,250 $BTC.”
Institutional Bitcoin Demand
The latest purchase was funded through Strategy’s ongoing at-the-market (ATM) programs, which generated net proceeds during the reporting period. In a Business Wire distribution of the company’s update, Strategy said it raised approximately $27.3 million in the period and used those proceeds to add 220 BTC. The company framed the activity as part of its continued accumulation strategy.
Analysts and market-watchers pointed out that Strategy’s accumulated Bitcoin, bought at an average cost of $74,000, represents one of the largest corporate treasuries in the market and remains a major source of narrative for institutional Bitcoin demand. For Saylor and Strategy, incremental buys like this are consistent with a multi-year approach that treats Bitcoin as the company’s primary treasury asset.
While the sums involved in a single 220-coin trade are small relative to Strategy’s total treasury, they show the firm’s willingness to continue buying through its ATM programs whenever it sees opportunity. For now, Strategy’s balance sheet keeps growing in Bitcoin terms even as broader market swings tug at prices and headlines.
