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Michael Saylor’s digital asset treasury firm, Strategy Inc., just hit a new all-time high in crypto value; it is now worth more than several leading banks and equivalent to the gross domestic product of some nations.&nbsp;
“Our journey began with $0.25 billion in Bitcoin — and an immediate $0.04 billion unrealized loss,” <a href="https://x.com/saylor/status/1973843191288987701" rel="noopener noreferrer nofollow" target="_blank">said</a> Saylor on Thursday, noting that Strategy’s Bitcoin holdings are now valued at $77.4 billion, close to double its value in 2024.
The valuation comes as Bitcoin returned to the $120,000 level. While Bitcoin is still down 3% from its all-time high in mid-August, Strategy’s new Bitcoin value record comes as a result of it <a href="https://cointelegraph.com/explained/why-saylor-s-strategy-keeps-buying-bitcoin-the-long-term-bet-explained" rel="noopener noreferrer nofollow">scooping up</a> 11,085 BTC over the last seven weeks.
Its most <a href="https://cointelegraph.com/news/strategy-buys-196-bitcoin-22-million-btc-dips-110k" rel="noopener noreferrer nofollow">recent purchase</a> was relatively small, just 196 BTC on Monday.&nbsp;
Strategy’s Bitcoin stash is now worth more than the market capitalization of several major banks, including BNY Mellon, Sberbank, US Bancorp, CIBC, ING, Barclays, Deutsche Bank, ANZ Bank and Lloyds.
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 <img src="https://s3.cointelegraph.com/uploads/2025-10/0199a885-8ee4-7449-88f9-937014810a70" title="" alt="Strategy’s Bitcoin value soars to record $77.4B as BTC returns to $120K">
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 Source: <a href="https://x.com/saylor/status/1973843191288987701" rel="noopener noreferrer nofollow" target="https://x.com/saylor/status/1973843191288987701">Michael Saylor</a>&nbsp; 
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<h2 id="a-stash-bigger-than-an-entire-nation-s-gdp">A stash bigger than an entire nation’s GDP</h2>
Strategy currently holds 640,031 BTC, equivalent to 3.2% of the total circulating supply. The next largest Bitcoin DAT is <a href="https://cointelegraph.com/news/bitcoin-miners-acquires-majority-stake-iai-firm-exaion" rel="noopener noreferrer nofollow">MARA Holdings</a>, which holds 52,477 BTC, worth approximately $6.3 billion.
With $77 billion worth of Bitcoin, you could buy 2,566,667 cars at $30,000 each or 385,000 houses at $200,000 each.
Related: <a href="https://cointelegraph.com/news/digital-asset-treasuries-bubble-fear-overblown-ton-strategy-ceo" rel="noopener noreferrer nofollow">Crypto treasury ‘bubble’ fears overblown: TON Strategy CEO</a>
It is also comparable to the entire GDP of countries like Uruguay, Sri Lanka and Slovenia, meaning Strategy’s Bitcoin holdings are worth as much as the annual economic output of entire nations.&nbsp;
<h2 id="el-salvador-s-bitcoin-holdings-are-just-below-ath">El Salvador’s Bitcoin holdings are just below ATH</h2>
The largest nation-state Bitcoin treasury belongs to <a href="https://cointelegraph.com/news/el-salvador-splits-bitcoin-holdings-across-multiple-wallets" rel="noopener noreferrer nofollow">El Salvador</a>, which is currently reported to hold 6,338 BTC, worth approximately $762.5 million, <a href="https://bitcoin.gob.sv/" rel="noopener noreferrer nofollow" target="_blank">according</a> to the El Salvador Bitcoin Office.&nbsp;
This is slightly below its all-time high valuation of almost $770 million in mid-August, as the country has been accumulating at a much slower pace of one BTC per day, though whether it has been buying Bitcoin is still a <a href="https://cointelegraph.com/news/el-salvador-hasn-t-bought-bitcoin-deal-imf" rel="noopener noreferrer nofollow">hotly debated</a> topic within crypto circles.&nbsp;
<h2 id="strategy-has-nearly-half-of-total-btc-treasury-holdings">Strategy has nearly half of total BTC treasury holdings</h2>
The total amount of BTC held by public and private companies is 1.32 million BTC, or 6.6% of the total supply, worth roughly $159 billion at current market prices, <a href="https://bitcointreasuries.net/" rel="noopener noreferrer nofollow" target="_blank">according</a> to BitcoinTreasuries.NET.
Strategy is the 800-pound gorilla of DATs, holding a whopping 48% of the total amount of BTC held by around 266 public and private companies.
Magazine: <a href="https://cointelegraph.com/magazine/hong-kong-isnt-loophole-chinese-crypto-firms-think/" rel="noopener noreferrer nofollow">Hong Kong isn’t the loophole Chinese crypto firms think it is</a>

Strategy’s Bitcoin value soars to record $77.4B as BTC returns to $120K

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