Strategy’s Bitcoin holdings have soared to nearly $80 billion, placing the firm’s treasury among the largest corporate cash positions globally, alongside Amazon, Google, and Microsoft.
On Monday, Strategy’s 640,031 BTC briefly surpassed $80 billion in value as Bitcoin reached a record high of $126,080, drawing comparisons to the $95–97 billion in cash held by these tech giants.
Tech giants miss out on Bitcoin gains
Microsoft and Meta both rejected shareholder proposals to allocate a portion of their cash reserves to Bitcoin.
Microsoft dismissed the idea when Bitcoin was priced at $97,170, and Meta did so with Bitcoin at $104,800.
Both companies have thus missed out on significant gains, as Bitcoin’s value climbed to all-time highs.
Concerns about Bitcoin’s volatility were central to these rejections. Ethan Peck of the National Center for Public Policy Research (NCPPR) recommended that Microsoft place 1% to 5% of its reserves into Bitcoin, arguing:
“Since cash is consistently being debased and bond yields are lower than the true inflation rate, 28% of Meta’s total assets are consistently diminishing shareholder value.”
Bitcoin as a hedge against dollar debasement
Analysts at JPMorgan recently called Bitcoin and gold a “debasement trade,” noting their potential as hedges against US dollar inflation and rising national debt.
BlackRock CEO Larry Fink echoed this sentiment in January, suggesting Bitcoin could reach $700,000 amid currency debasement fears.
For more on how Bitcoin compares to the devaluation of the US dollar, see the dollar devaluation chart.
Corporate Bitcoin adoption accelerates
Despite reluctance from some tech giants, over 200 public companies now hold Bitcoin, up from fewer than 100 at the start of 2025.
Strategy’s average purchase price for its Bitcoin stands at $73,981, resulting in a 65% gain, or $30.4 billion, on its holdings.
Tesla is the only other firm in the top 10 corporate treasuries with Bitcoin, holding 11,509 BTC worth about $1.4 billion, a small fraction of its $37 billion reserves. For a complete view of corporate Bitcoin holdings, visit the treasury database.
