Michael Saylor's company, Strategy (formerly MicroStrategy), has made another significant investment in Bitcoin. Between May 26 and June 1, 2025, the company acquired 705 BTC for approximately $75.1 million, at an average price of $106,495 per coin. This marks the eighth consecutive week of Bitcoin purchases for Strategy, bringing its total holdings to 580,955 BTC, acquired at a cost of about $40.68 billion at an average price of $70,023 per coin.
Despite the recent price volatility of Bitcoin—peaking near $112,000 and then dropping back to around $104,796—Strategy's continued purchasing activity reflects a long-term bullish stance toward the cryptocurrency. The company's Chief Executive Officer, Michael Saylor, hinted at the recent purchases in a social media post, emphasizing the company's commitment to its Bitcoin strategy. #SaylorBTCPurchase $BTC