The $1 billion bitcoin acquisition by Strategy increases its holdings to 592,100 BTC, solidifying its position as the largest institutional holder and an irresistible force in cryptocurrencies.
Strategy Unleashes a Purchase of 10,100 BTC, Raising Its Holdings to a Titanic 592,100 BTC
The intelligence software company Microstrategy (Nasdaq: MSTR), which has been rebranded as Strategy, announced on June 16 that it had acquired an additional 10,100 bitcoins between June 9 and June 15, using proceeds from recent preferred stock issuances.
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 acquisition brings Strategy's total bitcoin holdings 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 ongoing bitcoin strategy on the social media platform X, stating:
Strategy acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved a BTC yield of 19.1% to date for 2025. As of 06/15/2025, we hold 592,100 BTC acquired for ~$41.84 billion at ~$70,666 per bitcoin.
The SEC filing also details the funding for this acquisition. In the week leading up to June 15, the company raised $78.4 million through at-the-market (ATM) offerings: $45.2 million from 452,487 shares of STRK (8.00% Series A Perpetual Strike Preferred Stock) and $28.6 million from 286,101 shares of STRF (10.00% Series A Perpetual Strife Preferred Stock). Earlier, on June 10, Strategy completed a public offering of 11,764,700 shares of STRD (10.00% Series A Perpetual Stride Preferred Stock), generating net proceeds of approximately $979.7 million.
Saylor remains one of the most vocal advocates for bitcoin. He has stated that bitcoin is 'designed to outperform' 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 generating up to $81 trillion for the U.S. Treasury. Recently, he stated that he is even more optimistic about his price prediction for bitcoin at $13 million.
