Strategy, whose billion-dollar bitcoin purchase increases its assets to 592,100 BTC, solidifying its status as the largest institutional holder and an unstoppable force in the cryptocurrency space.
Strategy announces the purchase of 10,100 BTC, increasing assets to a titanic 592,100 BTC.
The intellectual software company Microstrategy (Nasdaq: MSTR), which has been renamed to Strategy, announced on June 16 that it acquired an additional 10,100 bitcoins between June 9 and June 15, using proceeds from recent preferred stock offerings.
According to the company's filing with the U.S. Securities and Exchange Commission (SEC), the total purchase amounted to approximately $1.051 billion at an average price of $104,080 per bitcoin, including fees and expenses. This latest purchase increases the total number of bitcoins owned by Strategy to 592,100 BTC, acquired at a total purchase price of $41.84 billion, or an average price of $70,666 per coin. Michael Saylor, Executive Chairman and co-founder of Strategy, emphasized the company's continued bitcoin strategy on social media platform X, stating:
Strategy acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and achieved a BTC yield of 19.1% in 2025. As of June 15, 2025, we hold 592,100 BTC, acquired for ~$41.84 billion at ~$70,666 per bitcoin.
The filing with the SEC also details the financing of this purchase. In the week leading up to June 15, the company raised $78.4 million through at-the-market (ATM) offerings: $45.2 million through 452,487 shares of STRK (8.00% perpetual preferred stock series A Strike) and $28.6 million through 286,101 shares of STRF (10.00% perpetual preferred stock series A Strife). Earlier, on June 10, Strategy completed a public offering of 11,764,700 shares of STRD (10.00% perpetual preferred stock series A Stride), receiving net proceeds of approximately $979.7 million.
Saylor remains one of the most prominent advocates for bitcoin. He stated that bitcoin is 'designed for superiority' over all other assets and will become the dominant global asset by 2045. He predicts that bitcoin could reach $1 million, ultimately achieving a market capitalization of $500 trillion — surpassing gold and real estate — and potentially creating up to $81 trillion for the U.S. Treasury. Recently, he stated that he is even more optimistic about his bitcoin price prediction of $13 million.