Strategy Bitcoin Treasury Tracker and Holdings

Strategy Bitcoin Treasury Overview

Strategy (formerly MicroStrategy) invented the corporate Bitcoin treasury playbook in August 2020 and remains in a league of its own with 850,364 BTC — roughly 4% of all Bitcoin that will ever exist. The company funds purchases almost entirely through debt and equity issuance engineered around its Bitcoin position, and in 2026 it made its first small sales (about 3,620 BTC) to fund preferred-stock dividends and balance-sheet cash. Every other company in this section is, in some way, an imitation of what Michael Saylor built.

November 2026 update: Strategy held 850,364 BTC as of November 8, 2026, bought for $64.16 billion at an average of $75,456 per coin. Sales earlier in 2026 took the stack as low as 840,447 BTC before weekly purchases resumed, and Bitcoin now trades below the company's average cost.

Leadership: Michael Saylor (Executive Chairman). For the full landscape of corporate holders, see the public companies index and private companies index, or step back to the sovereign picture on our global Bitcoin reserve tracker. New to the topic? Start with What Is a Strategic Bitcoin Reserve?

Strategy Bitcoin Holdings

As of November 13, 2026, Strategy holds 850,364 BTC per its most recent public disclosures and treasury tracking. Corporate treasuries move with purchases, sales, and (for miners) production, so this figure is reviewed continuously against primary sources.

Strategy Bitcoin Treasury FAQs

How much Bitcoin does Strategy hold?

Strategy holds approximately 850,364 BTC as of November 13, 2026, per its most recent disclosures and public treasury tracking. Corporate holdings change with purchases, sales, and mining output, so figures are verified against filings and announcements.

Is Strategy a public or private company?

Strategy is a publicly traded company, trading under the ticker MSTR on the Nasdaq.

Why does Strategy hold Bitcoin?

Like other treasury adopters, Strategy treats Bitcoin as a long-term reserve asset — a hedge against currency debasement and a strategic store of value. Its specific rationale and strategy are covered in the overview above.

How did Strategy acquire its Bitcoin?

Corporate Bitcoin is typically acquired through open-market purchases funded by cash flow, equity, or debt — or through mining. Strategy's acquisition path is detailed in the profile above.

Is buying Strategy stock the same as buying Bitcoin?

No. A treasury stock gives indirect, equity-wrapped exposure: shares can trade at a premium or discount to the company's Bitcoin net asset value, and corporate factors — dilution, leverage, management execution — affect returns independently of Bitcoin's price.

How does Strategy compare with other Bitcoin treasury companies?

See our full public-companies and private-companies indexes for the current ranking. Strategy leads all corporate holders with 850,364 BTC; Strategy's position is shown in the hero above and in the parent index.

How is Strategy's Bitcoin data verified?

Figures are cross-checked against company filings and press releases, on-chain proof-of-reserves where published, and reputable financial journalism (Reuters, CoinDesk, Bloomberg). Estimates and irregular disclosures are flagged in the profile.

When was this Strategy profile last updated?

This page was last verified on November 13, 2026. Corporate treasury positions are reviewed continuously and updated when new purchases, sales, or filings are disclosed.

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