Michael Saylor’s digital asset company, Strategy, has expanded its Bitcoin holdings by purchasing 245 BTC for approximately $26 million during the week ending June 22, 2025. This acquisition, made at an average price of $105,856 per coin, marks the smallest weekly Bitcoin purchase by Strategy since mid-March but continues its consistent accumulation streak for the 11th consecutive week.
The purchase was financed through the sale of preferred stock, specifically the STRK and STRF classes, generating net proceeds of over $26 million to fund the transaction. With this addition, Strategy now holds a total of 592,345 Bitcoin, valued at nearly $60 billion at current prices around $101,000 per coin. The company’s average cost basis for its entire Bitcoin portfolio stands at about $70,681 per BTC.
Despite recent Bitcoin price volatility influenced by geopolitical tensions, including a dip below $99,000 following regional conflicts, Strategy remains steadfast in its long-term bullish outlook. Michael Saylor reaffirmed his commitment to continuous Bitcoin accumulation, emphasizing a philosophy of “buying the top forever” and a vision of Bitcoin as a foundational asset for the future global economy. He has even projected purchasing Bitcoin at prices as high as $1 million per coin in the future.
This latest purchase reflects Strategy’s disciplined approach to growing its Bitcoin treasury regardless of short-term market fluctuations, underscoring confidence in Bitcoin’s scarcity and long-term value proposition. The company’s shares have significantly outperformed the market since it began buying Bitcoin in 2020, gaining over 3,000%, while Bitcoin itself has increased roughly 1,000% in the same period.
In summary, Strategy’s recent $26 million Bitcoin buy during a market dip highlights Michael Saylor’s unwavering belief in Bitcoin’s future, continuing to build one of the largest public Bitcoin treasuries despite geopolitical and market uncertainties.
