Strategy has purchased 3,081 bitcoin for $342 million. The average purchase price was $115,829 per coin. This brings the company’s total holdings to 632,457 BTC.
The latest buy follows two smaller acquisitions earlier in the week, 430 BTC for $51.4 million and 775 BTC just before that. Strategy’s total investment in bitcoin now stands at $46.5 billion. The average cost across all purchases is $73,527 per bitcoin.
Funds for the latest acquisition came from the sale of common stock, which raised $300.9 million. A smaller portion came from limited sales of preferred shares.
Bitcoin Price Drops, Strategy Stays the Course
Bitcoin has fallen below $111,000 in the past 24 hours, down from over $115,000 the day before. Despite this decline, Strategy’s holdings are now worth an estimated $70.2 billion, based on current prices.
The company has spent a total of $46.5 billion on its bitcoin position, with an average acquisition price of $73,527.
MSTR stock was down over 4% in premarket trading on Monday. The dip comes amid concerns from some investors after the company sold common stock at a time when its market value was below 2.5x mNAV — a level it had previously suggested it would avoid. The company has not issued new comments explaining the change.
Metaplanet Buys 103 BTC as Yen Weakens
Tokyo-based Metaplanet has added 103 Bitcoin to its balance sheet. The company paid ¥1.74 billion ($11.6 million), buying at an average price of $113,491 per coin. This takes Metaplanet’s total holdings to 18,991 BTC.
The company has spent roughly $1.95 billion to build this position, with an average cost of $102,712 per bitcoin. The move comes at a time when the Japanese yen continues to lose ground against other major currencies.
Metaplanet has seen strong performance from its bitcoin strategy. In Q1 2025, it reported a 95.6% return. In Q2, that number rose to 129.4%. From July through late August, the gain stood at 29.1%. These figures suggest the company has been buying during favorable price periods.
Ethereum Sees Corporate Interest
While bitcoin remains the main focus for Strategy and Metaplanet, other firms are turning to Ethereum. BitMine, led by Tom Lee, has spent $800 million to acquire over 190,000 ETH in the past week. This makes BitMine the largest corporate holder of Ethereum, ahead of SharpLink.
Public companies are expanding into crypto beyond just Bitcoin. However, Strategy has not shown interest in Ethereum. Its recent filings confirm that its focus remains unchanged.
Metaplanet, now the seventh-largest public bitcoin holder, follows closely behind Riot Platforms and Bullish. According to Bitcoin Treasuries data, its position continues to grow steadily.