In addition, BlackRock's ETF closed the week with inflows of $1.1 billion.
Michael Saylor, founder of Strategy, and Bitcoin coins.
Strategy, founded by Michael Saylor in 1989, announced on this Monday (16) the purchase of $1 billion in Bitcoin. The company took advantage of the market drop due to tensions between Israel and Iran to get a good price on its investment.
According to a document, Strategy bought 10,100 bitcoins at an average price of $104,080 per unit, very close to the bottom recorded last Thursday (12).
At the time of this writing, Bitcoin is quoted at $106,600, already putting the company in profit.
The orange line shows the average price of Strategy's last investment, which took advantage of the market drop to buy more bitcoins. Source: TradingView.
Those following these investments notice that Strategy is improving its entry points. Given the size of the operations, this could mean profits of millions of dollars.
Michael Saylor believes that Bitcoin will reach $1 million.
The announcement of the purchase was made by Michael Saylor through social media. Strategy is approaching a mark of 600,000 bitcoins in cash, widening the gap from other companies focused on accumulating Bitcoin.
"Strategy acquired 10,100 BTC for approximately $1.05 billion (R$ 5.81 billion), around $104,080 per bitcoin, and obtained a BTC yield of 19.1% accumulated by 2025. On 06/15/2025, we hold 592,100 BTC acquired for approximately $41.84 billion, about $70,666 per bitcoin. $MSTR $STRK $STRF $STRD"
In another recent tweet, Saylor points out that "if it doesn't go to zero, it will go to a million."
In longer analyses, the billionaire points out that Bitcoin could reach $49 million by 2045, with $3 million being his most pessimistic forecast. Given that Strategy will continue to buy BTC in the coming years, this could place it alongside the largest companies in the world.
ETFs close the week without outflows.
While Strategy holds 592,000 bitcoins, BlackRock manages 671,795 bitcoins in its ETF, IBIT. Despite the conflicts in the Middle East last week, American ETFs continued to register inflows.
In total, there were $1.37 billion in purchases, surpassing Strategy's investment during the same period. The highlight is precisely BlackRock, which was responsible for $1.11 billion of this total.
Bitcoin ETFs close another week in the positive. Source: Farside.
Finally, the data shows the great demand that the cryptocurrency is having regardless of the circumstances. In other words, a view that Bitcoin is becoming a safe store of value in the face of global uncertainties.