Strategy
Strategy holds 842,137 BTC, the #1 largest public-company Bitcoin treasury tracked by Perception. That's 65.6% of all corporate Bitcoin holdings and 4.010% of total supply.
Where Strategy ranks
Public companies hold 1,284,191 BTC in aggregate ($83.78B), about 6.11% of Bitcoin's circulating supply. Strategy accounts for 65.6% of that.
Does the coverage lead the buying?
Perception tracks how Strategy's media narrative moves against its capital position, showing whether sentiment shifts before the balance sheet does. The full narrative-vs-capital overlay, media coverage, and per-outlet sentiment for Strategy live inside Perception.
See Strategy in PerceptionHoldings and cost basis from CoinGecko public treasury data. Current value and P&L computed at the live BTC price. Source: Perception Treasury Tracker.
Strategy (MSTR) Bitcoin Treasury
Strategy is the #1 largest public-company Bitcoin holder tracked by Perception, with 842,137 BTC worth approximately $54.94B. Its average cost basis is $75,747 per Bitcoin, putting the position at an unrealized loss of $8.85B at current prices.
Beyond the balance sheet, Perception tracks Strategy's media coverage and sentiment across thousands of curated sources, connecting corporate Bitcoin strategy to the narrative around it. Explore the full Bitcoin treasury leaderboard or track Strategy in real time on the Perception dashboard.