Strategy and Strive buy $183 million in Bitcoin as $85,000 rally revives treasury trade
Story summary
Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped corporate balance sheets recover losses. Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept. 14 and Sept. 20 at an ave
📌 Key Highlights & Takeaways
- Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped corporate balance sheets recover losses.
- Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept.
Bitcoin treasury companies Strategy and Strive bought about $183 million of BTC last week as the cryptocurrency’s rebound helped corporate balance sheets recover losses.
Strategy Inc., the largest corporate holder of Bitcoin, acquired 950 BTC for $75.7 million between Sept. 14 and Sept. 20 at an average price of $79,670, according to a regulatory filing Monday. The purchase returned its holdings to 846,000 BTC, acquired for a total of $63.8 billion at an average cost of $75,416.
Strive Inc. separately bought 1,355 BTC for $107.7 million at an average price of $79,475 between Sept. 14 and Sept. 18, taking its treasury to 26,355 BTC. Cash and equivalents rose to $229.6 million over the same period.
Both purchases were made below Bitcoin’s latest market price. The token surged above $85,000 Monday, its highest level since January, extending a recovery of almost 30% from its August lows.
The buying stands out because the broader corporate treasury trade has slowed sharply. Listed companies added about 5,900 BTC over the past three months, Glassnode said in a report last week. That compares with roughly 89,000 BTC accumulated in July 2025 alone.
Glassnode estimated the sector’s average acquisition price at roughly $80,500. Bitcoin was still below that threshold when the firm published its report, leaving the aggregate corporate treasury cohort underwater. Monday’s move through $85,000 has reversed that position and pushed the group back above its estimated cost basis.
For Strategy , the rally has particularly large accounting consequences.
Bitcoin ended the second quarter at $58,714, when Strategy held the same 846,000 BTC it does today. The decline contributed to an $8.32 billion loss on digital assets during the three months through June, including $8.31 billion of unrealized losses.
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