Bitcoin treasury firm Technique, beforehand referred to as MicroStrategy, has acquired a further 1,955 BTC for about $217.4 million at a median value of $111,196 per bitcoin between September 2 and September 7, 2025.
This newest buy brings the corporate’s whole bitcoin holdings to 638,460 BTC, valued at roughly $71 billion, and represents greater than 3% of Bitcoin’s whole provide.
Funding and capital technique
The acquisitions had been funded via at-the-market gross sales of Technique’s Class A standard inventory (MSTR) and quite a lot of perpetual most well-liked inventory choices, together with STRK, STRC, STRF, and STRD.
These inventory packages—a part of the agency’s formidable “42/42” plan—goal an $84 billion capital elevate for added bitcoin purchases via 2027, doubling the unique purpose after fairness demand exceeded expectations.
For detailed historic holdings, confer with the MicroStrategy bitcoin holdings tracker.
S&P 500 exclusion and market response
Regardless of sturdy quarterly outcomes and assembly all standards, Technique was not included within the S&P 500 index, which as a substitute admitted AppLovin, Robinhood, and EMCOR Group.
S&P 500 inclusion might have pressured passive funds to purchase Technique shares, given the estimated $22 trillion benchmarked to the index.
Technique’s govt chairman Michael Saylor responded to the exclusion:
“Excited about the S&P proper now…”
He mentioned this alongside a chart exhibiting the corporate’s outperformance in opposition to each the S&P 500 and bitcoin since adopting its bitcoin treasury technique.
The rising company bitcoin treasury panorama
The variety of public firms holding bitcoin continues to rise, with 171 corporations now reporting bitcoin on their steadiness sheets.
Different main holders embody Marathon Digital, Metaplanet, Riot Platforms, and Coinbase.
Nevertheless, many of those firms have seen their share costs fall from summer time highs, with Technique’s personal inventory down 26% over the previous yr at the same time as bitcoin’s value stays up for 2025.
Regulatory scrutiny and outlook
Latest Nasdaq strikes to require higher oversight of firms elevating money for bitcoin purchases haven’t impacted Technique’s capital actions, based on Saylor.
As of Friday, MSTR closed up 2.5% for the week, whereas bitcoin posted a 1.9% achieve.