Strategy, under Michael Saylor's management, continues to actively increase its Bitcoin holdings, responding to rising market prices and improved investor sentiment.
Acquisition of Bitcoin for $531M
Last week, Strategy acquired 4,980 Bitcoin for $531.1 million. This information was released in a filing to the U.S. Securities and Exchange Commission on June 30. The average purchase price was $106,801 per coin, while the Bitcoin price surged from around $101,000 to over $108,000 by the end of the week.
Company's Annual Profit
With the latest purchases, Strategy’s total Bitcoin holdings reached 597,325 BTC, acquired for approximately $42.4 billion at an average price of $70,982 per coin. The year-to-date (YTD) Bitcoin gain amounted to 85,871 BTC, or $9.5 billion, compared to a total gain of 140,538 BTC, valued at $13 billion in 2024.
Bitcoin Yield Metrics
Overall, Strategy’s Bitcoin yield has increased to 19.7%, bringing the company closer to its targeted yield goal of 25% by the end of 2025. The quarter-to-date yield also edged up by 0.4% to 7.8%.
Thus, Strategy’s methodology led by Michael Saylor continues to show successful outcomes through adept management of Bitcoin assets and the impact of market factors.
