#SaylorBTCPurchase Michael Saylor’s firm, Strategy (formerly MicroStrategy), has reaffirmed its commitment to Bitcoin with its eighth consecutive weekly purchase. Between May 26 and June 1, 2025, the company acquired 705 BTC for approximately $75.1 million, at an average price of $106,495 per coin. This acquisition brings Strategy’s total holdings to 580,955 BTC, valued at over $60.9 billion, making it the largest corporate holder of Bitcoin globally .
To fund further acquisitions, Strategy announced a $250 million offering of 10% Series A Perpetual Stride Preferred Stock, aiming to bolster its Bitcoin reserves and provide additional working capital . Despite market volatility, with Bitcoin trading around $105,021, Saylor remains steadfast in his belief in Bitcoin as a superior store of value .
This consistent accumulation strategy underscores Saylor’s vision of Bitcoin as a transformative financial asset, positioning Strategy as a leading advocate for corporate Bitcoin adoption