MicroStrategy now holds 597,325 BTC after buying 4,980 more with $531.9M from active ATM programs and dividend support.
The Blockchain Group acquired 60 BTC this week, bringing total holdings to 1,788 BTC with YTD yield soaring to 1,270.7%.
Bhutan moved over 137 BTC to Binance as part of consistent treasury activity, signaling ongoing portfolio reshuffling.
MicroStrategy has added 4,980 BTC for $531.9 million, pushing its total to 597,325 BTC at a $70,982 average. Meanwhile, the Blockchain Group and Bhutan’s government both expanded positions, setting the stage for a bullish start to July.
MicroStrategy Locks In Another $500M in BTC
MicroStrategy confirmed a fresh acquisition of 4,980 BTC at an average price of $106,801 per coin. As brought to the public by Michael Saylor, the company revealed it spent roughly $531.9 million using proceeds from multiple at-the-market (ATM) equity programs.
https://twitter.com/saylor/status/1939655936118808917
As of June 29, MicroStrategy holds 597,325 BTC with a total cost basis of $42.4 billion. The company’s year-to-date Bitcoin yield now stands at 19.7%, signaling strong directional conviction heading into Q3.
In addition, MicroStrategy announced $20.00 per STRK share and $64.00 per STRF share in cash dividends. These payouts, declared on June 2, were funded through the same ATM offerings used to acquire Bitcoin.
Blockchain Group Raises Capital, Expands Treasury
According to a report by The Blockchain Group, the firm acquired 60 BTC for €5.5 million this week. Their total holdings now stand at 1,788 BTC, supported by equity subscriptions and multiple BTC-driven capital raises.
TOBAM and Adam Back led new share subscriptions totaling €1.3 million, helping fund the acquisition of 13 BTC. Additionally, TOBAM executed a separate capital increase of €4.1 million, fueling the purchase of 41 more BTC.
BSA 2025-01 instrument conversions added 1,101,175 new shares, used to buy 6 BTC. Despite a -69.3% quarter-to-date yield, the group’s year-to-date performance remains firmly in the green at 1,270.7%.
Bhutan’s BTC Transfers Reflect Strategic Reallocation
The Royal Government of Bhutan moved 137 BTC, worth $14.77 million, to Binance on June 30. According to blockchain tracker Lookonchain, the wallet had transferred another 0.564 BTC just 49 minutes prior.
In total, Bhutan made multiple transactions to BitGo C over the past two months, including a massive 210.155 BTC worth $19.8 million. These steady BTC transfers show Bhutan isn’t just holding-it’s actively managing its treasury positions. The government moved 1.82 BTC, 0.993 BTC, and several smaller batches over two months, keeping the flow consistent. This pattern reflects tactical positioning, not idle storage.
All Eyes on July: Institutional Demand Builds Momentum
With coordinated institutional buys and treasury expansions, this week sends a strong message. Large-scale Bitcoin accumulation is not slowing down-it’s accelerating as Q3 kicks off. Traders should expect a bullish setup into the week ahead.
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