Strategy (MSTR), formerly known as MicroStrategy, has reached an all-time high market capitalization of $128.4 billion, coinciding with Bitcoin’s own record surge past $122,000 this week.
According to Nasdaq data, MSTR shares closed Wednesday at $455.90, marking a 3% daily gain. Over the past three months, the company’s stock has jumped 36%, while its one-year return has soared by an impressive 174%.
The World’s Largest Corporate Bitcoin Holder
Strategy remains the top corporate holder of Bitcoin, with a portfolio of 601,550 BTC — representing over $73 billion in value as of July 14. This accounts for approximately 2.86% of Bitcoin’s entire circulating supply. The company’s average acquisition price per BTC sits at $71,270, according to PRIME’s analytics.
Vanguard Becomes Top Shareholder Despite Past Criticism
In a noteworthy shift, Vanguard Group, once critical of Bitcoin as an “immature asset class,” has emerged as Strategy’s largest institutional shareholder, investing through various fund allocations.
Bitcoin’s Momentum Continues to Climb
At the time of writing, Bitcoin is trading at $119,974, showing a 2.61% daily increase, according to PRIME’s BTC Price Page. The asset has logged a massive $47.8 billion in 24-hour trading volume and maintains a market capitalization of $2.4 trillion — far ahead of any other cryptocurrency in the ecosystem.