Strategy is closing in on the cash reserves of global tech giants like Microsoft, Amazon, and Google, but with Bitcoin (BTC) instead of dollars. The company’s Bitcoin treasury briefly topped $80 billion this week as Bitcoin hit a new record high of $126,080.
According to Strategy’s post on X, it now holds 640,031 BTC, worth $80 billion. This brings its Bitcoin holdings close to Microsoft’s and Amazon’s cash positions, each estimated between $95 and $97 billion.
The company’s Bitcoin treasury has already surpassed those of Nvidia, Apple, and Meta. Interestingly, Meta’s shareholders voted against a proposal to add Bitcoin to its reserves earlier this year. Both Microsoft and Meta rejected Bitcoin proposals when BTC was trading below $105,000, missing out on double-digit gains.
Berkshire Hathaway remains far ahead with the largest cash pile at around $344 billion, while Tesla is the only other Bitcoin-holding firm among the top 10 corporate treasuries, with 11,509 BTC worth about $1.4 billion, according to Bitcointreasuries data.
The proposals were made by the conservative think tank National Center for Public Policy Research (NCPPR), which argued Bitcoin could hedge against currency debasement and inflation.
JPMorgan analysts recently described Bitcoin and gold as “debasement trades,” while BlackRock CEO Larry Fink predicted Bitcoin could hit $700,000 due to fears of dollar devaluation.
Bitcoin market update
At the time of writing, Bitcoin was trading at $122,210, down 1.79% in the past 24 hours, with a market cap of around $2.4 trillion and a 24-hour trading volume of over $78 billion, according to CoinMarketCap.
This surge in value continues to reward early adopters like Strategy, whose bold Bitcoin bet is paying off, its average purchase price of $73,981 now reflects a 65% gain, translating to roughly $30.4 billion in profit.
Such strong returns highlight the growing confidence in Bitcoin, as more than 200 public companies now hold the cryptocurrency, signaling that corporate adoption is accelerating rapidly in 2025.
Also Read: Bitcoin Soared to New High But Indicators Show Rally is Not Over
