According to CoinGecko data, Strategy currently holds 632,457 BTC on its balance sheet, valued at roughly $69 billion at current prices. The company’s total acquisition cost stands slightly above $46.5 billion.
For the uninitiated, the S&P 500 Index is a stock market index that tracks the performance of 500 of the largest publicly traded companies in the US, representing about 80% of total US market value. It is widely considered a benchmark for the overall health of the US economy and stock market.
To qualify for inclusion, companies must meet several requirements, including being US-based, having at least 12 months of trading history on a major US exchange, a market cap exceeding $22.7 billion, and at least 50% of shares publicly held.
Strategy delivered stellar Q2 2025 results despite a shaky macroeconomic backdrop. The company reported $14 billion in operating income, $10 billion in net income, and $114.5 million in total revenue during the quarter.
One of the key drivers was the company’s adoption of new fair-value accounting standards in January 2025. These accounting standards allow the company to recognize unrealized gains on its BTC holdings, boosting profitability as Bitcoin hit a new all-time high (ATH) of $124,128 on August 14.
That said, Strategy’s stock MSTR has been in a bit of a downturn of late. The stock is down more than 15% over the past month – trading at $334.75 in the after hours of August 29.
