Bitcoin treasury company Strategy has made headlines this week without announcing any new Bitcoin acquisitions. Instead, the firm revealed a significant increase in its USD reserve, expanding it by $748 million.
New Heights for Strategy’s USD Reserve
Co-founder and chairman Michael Saylor announced in a post on X that Strategy’s USD reserve has now reached an impressive $2.19 billion. This addition follows the initial establishment of the reserve in early December, where the company allocated $1.44 billion.
During the launch of the reserve, Saylor stated, “we believe it will better position us to navigate short-term market volatility while delivering on our vision of being the world’s leading issuer of Digital Credit.” Despite the focus on increasing the USD reserve, the firm did not halt Bitcoin acquisitions, making a purchase alongside the reserve’s launch and continuing to buy BTC in the subsequent two Mondays.
The Bitcoin acquisition during the reserve’s announcement was modest, but the two purchases that followed were among the largest of the year, contributing nearly $1 billion in Bitcoin to Strategy’s treasury.
This latest injection into the USD reserve has been funded through sales from its MSTR at-the-market (ATM) stock offering, as detailed in a filing with the US Securities and Exchange Commission (SEC). As of now, Strategy’s Bitcoin treasury remains at 671,268 BTC, valued at approximately $60.24 billion at current rates.
The tradition of Saylor announcing acquisitions on Sundays appears to extend to reserve expansions. Before the initial USD announcement, Saylor teased with a post featuring the company’s portfolio tracker captioned: “What if we start adding green dots?” This hinted at the vital developments to come.
The “green dots” led to significant updates regarding the USD reserve. In a subsequent Sunday post, Saylor reiterated this terminology, stating, “Green Dots ₿eget Orange Dots,” solidifying the connection between the reserve growth and Strategy’s ongoing strategies.
With this move, Strategy maintains its position as the world’s largest Bitcoin treasury firm, according to data from BitcoinTreasuries.net.
In a parallel development, another cryptocurrency treasury firm, Bitmine, also made an announcement this Monday. Once primarily focused on mining, Bitmine has shifted to an ETH treasury strategy since mid-2025. During the past week, Bitmine added 98,852 ETH, worth approximately $300.75 million, bringing its total holdings to 4,066,062 ETH—equivalent to $12.37 billion and representing 3.37% of the asset’s total supply.
Bitmine chairman Tom Lee expressed confidence in their strategy, noting, “We are making rapid progress towards the ‘alchemy of 5%’ and we are already seeing the synergies borne from our substantial ETH holdings.”
BTC Price Update
As of the latest data, Bitcoin is trading at around $89,700, reflecting an increase of nearly 4% over the past seven weeks.
