The invention discloses a preparation method for a high-strength foundation bolt. Processing steps comprise a step of casting of a rod material, wherein chemical components of a rod material blank comprise, by weight, 0.27 to 0.36% of C, 0.25 to 0.33% of Mn, 0.05 to 0.08% of V, 0.25 to 0.35% of Si, 0.01 to 0.04% of W, no more than 0.025% of P, no more than 0.035% of S, 0.45 to 0.60% of Ni, 0.20 to 0.30% of Sn and 0.45 to 0.65% of Cu, with the balance being Fe. According to the invention, a cold extruding process is used for processing of the bolt, so strength of the bolt is improved, a hardness number and a strength value required by a 12.9 high-strength bolt are reached, the problems of delayed fracture and fatigue fracture of the bolt under high stress are overcome, and the bolt has reliable connection and hardly breaks during usage, has a prolonged service life and meets usage demands for high strength bolts by a variety of industries in society.