Michael Saylor’s digital asset treasury firm, Strategy, has reached a new all-time high in crypto holdings, now valued at $77.4 billion—surpassing the market capitalization of several major banks and rivaling the GDP of some nations.
“Our journey began with $0.25 billion in Bitcoin—and an immediate $0.04 billion unrealized loss,” Saylor said Thursday, highlighting that Strategy’s Bitcoin stash has nearly doubled in value since 2024.
The milestone comes as Bitcoin climbed back to $120,000. While still about 3% below its mid-August peak, Strategy’s record valuation reflects its aggressive accumulation, adding 11,085 BTC over the past seven weeks. Its latest purchase was a modest 196 BTC on Monday.
Today, Strategy’s Bitcoin holdings surpass the market value of major banks such as BNY Mellon, Sberbank, US Bancorp, CIBC, ING, Barclays, Deutsche Bank, ANZ, and Lloyds.
A stash bigger than some nations’ GDP
Strategy currently holds 640,031 BTC—equivalent to 3.2% of Bitcoin’s total circulating supply. The next largest digital asset treasury (DAT), MARA Holdings, holds 52,477 BTC, worth roughly $6.3 billion.
At $77 billion, Strategy’s Bitcoin could buy 2.57 million cars at $30,000 each or 385,000 homes at $200,000 each. Its value even rivals the annual GDP of countries like Uruguay, Sri Lanka, and Slovenia, making Strategy’s Bitcoin holdings as valuable as the yearly economic output of entire nations.
El Salvador’s Bitcoin holdings near record levels
The largest nation-state Bitcoin treasury belongs to El Salvador, which reportedly holds 6,338 BTC, valued at around $762.5 million, according to the El Salvador Bitcoin Office. This is slightly below its all-time high of nearly $770 million in mid-August. The country has been accumulating slowly—about one BTC per day—though whether it is actively buying remains a topic of debate within crypto circles.
Public and private companies collectively hold 1.32 million BTC, or 6.6% of the total supply, worth about $159 billion, according to BitcoinTreasuries.NET. Strategy is the clear leader, holding nearly half of all corporate and institutional Bitcoin—48% of the total BTC held by roughly 266 companies.
