Software firm turned Bitcoin treasury company Strategy has been buying BTC for more than five years, pioneering the growing trend of publicly traded firms that are adding cryptocurrencies to their balance sheets.
What started as a way to "maximize long-term value for shareholders” has transformed into an industry-shifting paradigm that has been further fueled by greater entwinement of traditional financial markets and crypto.
Along the way, Strategy has accumulated 761,068 BTC, or about 3.6% of the fixed 21 million total Bitcoin supply—a stash worth nearly $54 billion at today’s Bitcoin price above $70,000.