🔥 **Latest Purchase (June 2025)**

- **Purchase worth $75.1 million**:

**MicroStrategy** acquired **705 Bitcoins** between May 26–30 at an average price of **$106,495**, benefiting from a price drop to $103,400.

- **Accumulation activity since the beginning of 2025**:

The company purchased **13,390 Bitcoins** worth $1.34 billion in May, and **$7.69 billion** in the first quarter of the year.

📦 **Total Holdings**

- **Stored Bitcoin**: **580,955 Bitcoins** (≈2.9% of total Bitcoin produced), at an average purchase price of **$70,023 per Bitcoin**.

- **Unrealized Gains**:

Current value ≈ **$60 billion** (at a price of $103,000), with annual gains of **16.9%** so far.

*Strategic Transitions and Market Impact**

Raised return objective**:

The company increased its Bitcoin return target for 2025 from 15% to **25%**.

- **Impact of "the halving"**:

Daily purchases by MicroStrategy (more than **900 Bitcoins**) **outpace daily mining production**, enhancing Bitcoin scarcity.

- **Wall Street skepticism**:

Attempts to replicate the company’s strategy (like GameStop and Trump Media) caused its stock losses of **17–20%**, while MicroStrategy’s stock rose **123% annually**.

🌍 **Wider Effects**

- **Regulatory Support**:

The "strategic Bitcoin reserve" policy announced by Trump (including seized Bitcoins) enhances institutional adoption.

- **Saylor's Vision**:

«**No power on earth can stop this