Strategy: Continuous expansion of Bitcoin deployment, global supply share surpasses 3%

By early 2026, the world’s largest Bitcoin holder, MicroStrategy (NASDAQ: MSTR), once again demonstrates its aggressive investment stance in the crypto space. According to documents filed with the U.S. Securities and Exchange Commission (SEC) this week, the publicly traded company continued its accumulation during the year-end period (December 29 to January 4), adding 1,287 Bitcoins at an average price of $90,391 per coin, with a total investment of $116 million.

Added 1,287 Bitcoins in the first week of the new year, holdings soar to global leader

Following this expansion, Strategy currently holds a total of 673,783 Bitcoins, maintaining its position as the largest publicly traded holder worldwide. Considering the fixed supply cap of 21 million Bitcoins globally, Strategy’s holdings account for over 3% of the total market supply. This indicates that within the limited Bitcoin ecosystem, Strategy has become a key central force.

Cumulative investment exceeds $50 billion, unrealized gains of $12.4 billion

Since launching its Bitcoin asset allocation strategy in 2020, Strategy has invested approximately $50.6 billion, with an average purchase price of $75,026 per Bitcoin. Although recent Bitcoin prices have faced downward pressure and are currently hovering around $89,000, Strategy’s unrealized gains (floating profits) remain high at about $12.4 billion. The long-term strategic layout continues to bear fruit.

Cash reserves increase to $2.25 billion, enhancing financial flexibility

In addition to continuously increasing Bitcoin holdings, Strategy has also strengthened its cash position. The company’s USD reserves increased by $62 million last week, reaching a total of $2.25 billion. According to Strategy, this liquidity is primarily used to ensure stable dividend payments on preferred shares and to cover existing debt interest expenses.

Under the global supply cap of 21 million, Strategy establishes market dominance

Analysts at Canadian investment bank TD Securities have given a positive assessment, noting that Strategy’s recent “aggressive cash accumulation” significantly enhances the company’s financial resilience and liquidity. Under this conservative and prudent cash management strategy, even if the Bitcoin market enters a prolonged downturn in the future, Strategy will still have sufficient financial flexibility to maintain normal operations.

TD Securities has assigned a “Buy” rating to Strategy and set a 12-month target price of $500. With the global supply limited to only 21 million Bitcoins, Strategy is gradually establishing its strategic advantage in the crypto asset sector through continuous expansion and precise allocation.