Strategy lifts holdings to 3.4% of Bitcoin's total supply amid inflows into crypto products

Strategy continued its accumulation of the top crypto last week, acquiring 3,015 BTC for $204 million amid renewed interest in crypto products after four weeks of outflows.

Strategy boosts Bitcoin reserves as institutional demand returns

Strategy purchased an additional 3,015 BTC as part of its ongoing treasury strategy, according to a Monday filing with the US Securities and Exchange Commission (SEC).

The latest acquisition was valued at approximately $204.1 million, with an average purchase price of $67,700 per BTC. The transaction marks the company's tenth consecutive week of back-to-back Bitcoin purchases since December. It also represents one of its largest additions in recent weeks.

Strategy's latest acquisition brings its total holdings to 720,737 BTC, acquired for roughly $54.77 billion. As a result, the firm controls roughly 3.4% of the total BTC supply while maintaining its position as the largest publicly traded corporate holder of BTC.

Strategy has consistently funded its Bitcoin acquisitions through a mix of equity offerings and other capital-raising mechanisms. The latest purchase comes from the sale of over 1.7 billion shares of its MSTR preferred stock, along with roughly 71,000 shares of its STRC perpetual offering.

Another Bitcoin-focused treasury firm, ProCap, led by Anthony Pompliano, also disclosed that it purchased 450 BTC, raising its total holdings to 5,457 BTC.

Meanwhile, institutional flows showed signs of stabilization, with digital asset investment products recording $1 billion in net inflows last week. The move comes after five consecutive weeks of outflows totaling $4 billion, according to CoinShares.

Bitcoin-focused products accounted for $881 million of those inflows, while Ethereum funds saw $117 million, marking their strongest week since mid-January. However, both Ethereum and Bitcoin products remain in net outflows year to date.

CoinShares Head of Research James Butterfill noted that the reversal to inflows may have stemmed from recent client debates on "identifying entry points rather than reducing exposure to the asset class."

Bitcoin is up about 3% over the past 24 hours, reclaiming the $69,000 level on Monday following a macro-driven selloff tied to geopolitical tensions over the weekend.