While most investors retreated during Bitcoin’s recent plunge under the $100,000 psychological threshold, one name stayed the course—Michael Saylor. The executive chairman of Strategy (formerly MicroStrategy) turned the dip into an opportunity, adding another 245 BTC to the company’s already massive holdings. According to the company’s June 23, 2025, announcement, the purchase cost $26 million at an average price of $105,856 per Bitcoin.
Strategy’s Bitcoin Hoard Tops 592K BTC
This latest acquisition brings Strategy’s total Bitcoin stash to a staggering 592,345 BTC, making it one of the largest corporate holders of the cryptocurrency globally. The firm’s total investment in Bitcoin has reached approximately $41.87 billion, with an impressive average cost basis of just $70,681 per coin.
Despite recent price volatility, Strategy remains firmly in profit on paper and has shown no signs of slowing down. This marks the 11th consecutive week of Bitcoin accumulation by the company, solidifying its image as the most aggressive institutional Bitcoin accumulator in the world.
Market Reaction: MSTR Slides as BTC Falls
Curiously, despite the bullish buy, Strategy’s (MSTR) shares opened the day with a 2% decline. This seemingly paradoxical reaction reflects a broader trend—MSTR stock now mirrors Bitcoin’s price movements closely, behaving much like a spot Bitcoin ETF.
However, for long-term investors, the bigger picture tells a different story. MSTR shares have surged 169% over the past year, validating the company’s unwavering commitment to its Bitcoin-first strategy.
As noted by analysts at Turkish NY Radio, the firm’s approach has become more than just a treasury tactic—it’s a ritual. With another weekly purchase likely on the horizon, Strategy is on track to match or even break its 12-week buying streak record.
The Long Game Continues
Saylor’s vision remains unchanged: market dips are buying opportunities, not setbacks. Strategy’s ongoing accumulation, even during high-volatility periods, showcases a disciplined belief in Bitcoin as a long-term store of value and financial fortress.
Sources:
Strategy Corporate Announcement via X, June 23, 2025
CoinDesk Bitcoin Market Tracker
Turkish NY Radio Analyst Commentary
SEC Filings for MSTR Holdings
