Strategy ranks fifth among US corporate treasuries

Strategy ￰0￱ now ranked fifth among ￰1￱ with the largest Bitcoin holdings, with holdings of approximately $80 ￰2￱ firm released a chart showing how its Bitcoin reserves compare to the cash holdings of major players, including Berkshire Hathaway, Amazon, Google, and ￰3￱ $80 billion Bitcoin trove puts it just behind these top four corporations by total treasury size and ahead of firms such as NVIDIA, Apple, Meta, and Tesla in cash and short-term holdings. Strategy’s crypto holdings were valued at $73.21 billion in Q3 According to Strategy’s latest SEC filing, its Bitcoin holdings totalled 640,031 tokens, worth $47.35 billion, as of October ￰4￱ company refrained from buying more Bitcoin between September 29 and October 5, keeping the average cost basis at $73,983 per ￰5￱ firm’s digital asset holdings were valued at $73.21 billion as of September 30, with a third-quarter fair value gain of $3.9 billion — one of the largest unrealised gains in its history.

Ideally, Bitcoin’s strong performance in Q3 2025 fueled the ￰6￱ also recorded a $1.12 billion deferred tax expense tied to the accounting impact of its large exposure to Bitcoin. However, during the week ended September 22-28, 2025, Strategy sold 101,713 Series A Preferred STRF for net proceeds of $11.3 million, representing a notional holding worth $10.2 ￰7￱ $1.72 billion of STRF shares went unsold on the last day of ￰8￱ the same period, the company also sold 5,000 STRD shares for a total net gain of $0.4 million on proceeds of $0.5 ￰9￱ firm had an additional $4.15 billion worth of STRD stock remaining for ￰10￱ raised the annual cap of its security program to $2 million.

Strategy’ s board voted to boost Michael J. Saylor’s annual security spending limit to $2 million from $1.4 million, effective Oct. 1, 2025. However, the company remains heavily leveraged, with a significant risk of debt that may impact its ability to raise new capital and execute its Bitcoin ￰11￱ significant debt load (including several convertible notes) may leave it fiscally challenged and vulnerable should the markets cool down. Meanwhile, Bitcoin itself has recently surpassed another all-time high at $126K, and its market cap is over $2.47 ￰12￱ as Wall Street debates whether it is a risk-on or risk-off asset, BlackRock has proposed that it may be something else ￰13￱ leading cryptocurrency was largely steady on Tuesday after hitting record highs, driven by strong inflows into ￰14￱ exchange-traded funds, as well as “debasement” trades.

A few months ago, Microsoft pushed back on the National Centre for Public Policy Research (NCPPR’s) Bitcoin proposal when Bitcoin was trading at $97,170, and Meta rejected the same pitch when Bitcoin was at $104,800, meaning both missed out on double-digit ￰15￱ the same time, the value of their cash positions continued to ￰16￱ volatile state of digital assets was a major concern that influenced Microsoft shareholders to vote against the ￰17￱ Peck, Deputy Director of the NCPPR and Bitcoin Director at crypto-friendly wealth management firm Strive, recommended that Microsoft allocate 1% to 5% of its cash position to ￰18￱ same proposal was last presented to Amazon’s board in December by the NCPPR, but little has changed since ￰19￱ with some of the largest tech companies shutting down Bitcoin proposals, over 200 public companies still own the world’s largest digital currency, a number that has more than doubled since the start of 2025, when it was less than ￰20￱ smartest crypto minds already read our ￰21￱ in?

Join them .