Strategy Inc. (NASDAQ: MSTR), the leading corporate holder of Bitcoin, has expanded its already massive digital asset reserves with the purchase of an additional 245 BTC last week. The acquisition, made between June 16 and June 22, cost the company approximately $26 million at an average price of $105,856 per coin. This latest move underscores Strategy’s continued confidence in Bitcoin as a long-term treasury asset, despite recent market volatility and geopolitical tensions.
The purchase was financed through the company’s ongoing preferred-share sales—specifically its STRK and STRF offerings—which Strategy has used regularly in recent quarters to raise capital for Bitcoin acquisitions. These structured offerings have allowed the company to accumulate BTC without liquidating operating assets or taking on significant new debt. So far, Strategy has deployed this method with consistency, making weekly purchases since early April.
Following this latest transaction, Strategy’s total Bitcoin holdings now stand at 592,345 BTC, with a cumulative acquisition cost of approximately $41.87 billion. The average purchase price across all holdings sits at $70,681 per BTC. With Bitcoin recently dipping below $100,000 before rebounding, the company’s position remains in profit, supported by its long-term holding strategy and a strong average cost basis. Analysts view this steady accumulation approach as a vote of confidence in Bitcoin’s resilience and long-term appreciation potential.
While this week’s acquisition is one of the smallest in Strategy’s recent series of buys, it marks the firm’s tenth consecutive weekly purchase—signaling a disciplined dollar-cost-averaging approach. As broader markets faced turbulence due to surging oil prices and ongoing geopolitical risk, Strategy’s consistency in deploying capital into Bitcoin positions the company as a barometer for institutional conviction in crypto. Moreover, their year-to-date yield—currently around 19.2%—brings them closer to their stated 25% target return for 2025, further justifying their continued investment pace.
Strategy’s Bitcoin-first approach continues to set it apart from other public companies, making it a bellwether for institutional sentiment toward digital assets. With over 2.8% of the total Bitcoin supply now under its control, Strategy’s moves are closely monitored by crypto investors and market participants alike.
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