Strategy Holds 11th Largest U.S. Corporate Treasury With Bitcoin
- Strategy now holds $65B in bitcoin, placing it 11th among U.S. corporate treasuries.
- Its bitcoin reserve closely matches NVIDIA’s $66B in cash and cash equivalents.
- Strategy’s preferred stocks STRK, STRF, and STRD have outperformed the PFF ETF.
Strategy, formerly known as MicroStrategy, has amassed a massive $65 billion in Bitcoin holdings, putting it just behind NVIDIA’s $66 billion cash reserve. This makes Strategy the eleventh-largest corporate treasury in the U.S. and the most prominent Bitcoin holder among publicly traded companies. While it still trails far behind cash-rich giants like Berkshire Hathaway, which leads with $410 billion, Strategy’s aggressive crypto accumulation has outpaced most tech firms outside the top ten.
Yield and Dollar Gain Targets for 2025
In its latest investor update, Strategy reported it is nearing key financial targets. The firm set a bitcoin yield goal of 25% for 2025. As of the latest report, the yield has reached 19.7%. The dollar gain target is $15 billion. So far, Strategy has recorded $9.6 billion toward that goal.
Strategy also noted a $14 billion unrealized gain for the second quarter of 2025. These results reflect a broader rise in bitcoin prices. Bitcoin recently traded above $108,000. This price level supports the company’s overall crypto-asset strategy.
Performance of Preferred Stock Offerings
Strategy has issued several classes of perpetual preferred stock this year. These include STRK, STRF, and STRD. STRK has returned 51% since launching in January. STRF has increased by 38% since March. STRD is up 12% following a more recent debut.
These returns exceed the iShares Preferred and Income Securities ETF (PFF). PFF serves as the Strategy’s stated benchmark for comparison. PFF has declined 3% since STRK’s launch and dropped 1% since STRF’s. STRD’s return also outpaces the 2% gain in PFF over the same time.
Capital Plan and Outlook for BTC Acquisition Goals
As part of its $42 billion capital strategy, Strategy has issued $23.9 billion so far. It retains an additional $34.1 billion in fixed-income capacity. The firm continues to expand its treasury holdings through equity and debt instruments.
The company launched an at-the-market (ATM) equity program to support STRD. This program provides flexibility in raising funds from institutional investors. Strategy has integrated Bitcoin into its core financial model. The capital plan supports further accumulation of bitcoin.
Related: Strategy Unveils $250M STRD Preferred Stock to Buy Bitcoin
Strategy has also announced a $84 billion capital-raising plan, comprising both equity and debt issuance, to support its Bitcoin accumulation through 2027. With the price of Bitcoin rising, further acquisitions are likely to follow, aligning the company’s treasury strategy with long-term BTC appreciation.
The firm maintains a bullish view of digital assets as reserve tools. It expects Bitcoin to serve as a core component of corporate capital management. The ATM and preferred stock strategies support this direction.
Strategy’s $65 billion bitcoin reserve underscores its commitment to a crypto-centered treasury. Its financial products and fundraising efforts have outperformed key benchmarks. The firm has positioned itself at the forefront of Bitcoin adoption in the corporate world.
The post Strategy Holds 11th Largest U.S. Corporate Treasury With Bitcoin appeared first on Cryptotale.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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