MicroStrategy now holds 592,100 BTC after a $1.05B purchase, pushing unrealized profits to $21.37B amid strong market confidence.
Funded by STRK, STRF, and STRD offerings, MicroStrategy’s aggressive capital strategy reinforces its dominance in corporate Bitcoin holdings.
MemeStrategy’s $370K Solana acquisition marks the first corporate treasury bet on SOL, reflecting growing institutional interest in altcoins.
MicroStrategy has deepened its commitment to Bitcoin, purchasing 10,100 BTC last week for $1.05 billion. This new acquisition raised its total holdings to 592,100 BTC, currently valued at $63.2 billion. The firm bought the new batch at an average price of $104,080 per coin. MicroStrategy’s total Bitcoin acquisition cost now stands at $41.84 billion. Hence, the firm enjoys an unrealized profit of $21.37 billion.
Besides the purchase size, the acquisition was funded by ongoing preferred stock offerings. These include STRK, STRF, and STRD at-the-market (ATM) programs. According to the latest SEC filing, the company raised $78.4 million last week via these ATM offerings. This included $45.2 million from 452,487 STRK shares and $28.6 million from 286,101 STRF shares.
Financing Strategy and Market Impact
Earlier, on June 10, the company secured $979.7 million through a public offering of 11.76 million STRD shares. This aggressive capital-raising strategy strengthens MicroStrategy’s position as the world’s largest corporate Bitcoin holder. Moreover, Michael Saylor, the firm’s founder, continues to be one of Bitcoin’s most bullish advocates. He expects Bitcoin to outperform every other asset and hit $1 million long-term.
Saylor also predicts Bitcoin could achieve a $500 trillion market cap by 2045. Consequently, this would surpass both gold and global real estate in value. Additionally, he believes this could generate up to $81 trillion for the U.S. Treasury.
MemeStrategy Mirrors Bitcoin Strategy with Solana Bet
Meanwhile, MemeStrategy, a Hong Kong-listed firm, has adopted a similar playbook. On June 16, it acquired 2,440 Solana (SOL) tokens for roughly $370,000. This marked the first corporate treasury move into Solana, mimicking MicroStrategy’s legacy with Bitcoin.
Additionally, the move reflects a growing corporate interest in altcoins, beyond Bitcoin. Solana, known for high-speed transactions, remains a top DeFi platform. Hence, MemeStrategy’s decision signals confidence in Solana’s long-term value and scalability.
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