Overview

• Recent disclosures show Strategy bought 1,955 BTC this month, bringing its holdings to about 638,460 BTC after an average purchase price near $111,196.
• Company filings indicate roughly $47 billion has been invested at an average entry price of about $73,880, with the stash valued near $71 billion at prices around $115,000.
• Saylor’s comparison places Strategy’s open‑interest‑to‑market‑cap ratio at roughly 100%, versus Tesla at 26% and other Magnificent 7 firms lower.
• He also highlights about 91% annualized returns since adopting the Bitcoin‑first approach, ahead of Nvidia at 72% and Tesla at 32%.
• Corporate buying broadened as Gemini added about 1,191 BTC and Bitdeer 333.5 BTC, with the top 100 public holders now at roughly 1,009,202 BTC worth more than $117 billion.