Strategy doubles its investment in bitcoin with a bold purchase of $110 million, bringing its reserves to an impressive 582,000 BTC and boosting its dominance in the crypto space.

Strategy Strengthens its Bitcoin Reserves with 1,045 BTC, Total Reaches 582,000 Coins

The software intelligence company Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on June 9 that it acquired an additional 1,045 bitcoins for approximately $110.2 million. According to the company's filing with the U.S. Securities and Exchange Commission (SEC), the purchase took place between June 2 and June 8 at an average price of $105,426 per coin. With this latest acquisition, Strategy now holds 582,000 BTC, purchased for a total of approximately $40.79 billion at an average price of $70,086 per bitcoin.

Executive chairman Michael Saylor highlighted this significant milestone on the social media platform X, stating:

Strategy acquired 1,045 BTC for ~$110.2 million at ~$105,426 per bitcoin and achieved a BTC return of 17.1% YTD 2025. As of 8/6/2025, we hold 582,000 BTC acquired for ~$40.79 billion at ~$70,086 per bitcoin.

Bitcoins were acquired using proceeds from Strategy's continuous equity market offerings (ATM). During the same reporting period, the company raised $112.2 million through the sale of 626,639 STRK and 432,679 STRF preferred shares. The ATM programs—launched earlier this year—have a total authorized capacity of $44.1 billion, with more than $41 billion still available. Strategy's aggressive activity in the capital markets underscores its deep commitment to expanding its bitcoin treasury.

Saylor, widely recognized as one of the most fervent advocates of bitcoin, continues to champion its long-term potential. At the Bitcoin 2025 conference in Las Vegas, he stated that bitcoin is 'designed to outperform' all traditional assets. He predicts it will surpass gold and real estate to become the dominant store of value in the world by 2045, with a projected market capitalization of $500 trillion. Saylor also envisions bitcoin reaching $1 million per coin in the coming years, fueled by institutional demand and favorable political developments in the U.S., including a proposed Strategic Bitcoin Reserve. Previously, he modeled a BTC price of $13 million in 2045, with a bullish case at $49 million and a bearish case at $3 million. 'I am becoming more optimistic about this forecast,' he added last week. 'I am certainly comfortable predicting an average of 30% per year for the next 20 years.'

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