Strategy, owned by Michael Saylor, continues to accumulate Bitcoin, recently purchasing 245 BTC for $26 million. This reflects the company's long-term commitment to investing in cryptocurrency.
Recent Bitcoin Purchase
During the week ending June 22, 2025, Strategy acquired 245 Bitcoin for approximately $26 million. The average purchase price was $105,856 per coin, marking the smallest volume since mid-March, yet the company continues its 11-week streak of accumulation.
Funding Through Stock Sales
The purchase was financed through the sale of preferred stock in 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.
Long-Term Bitcoin Outlook
Despite recent Bitcoin price volatility influenced by geopolitical tensions, including a dip below $99,000, 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.
In summary, Strategy's recent $26 million Bitcoin purchase during a market dip highlights Michael Saylor’s unwavering belief in Bitcoin’s future, as the company builds one of the largest public Bitcoin treasuries despite geopolitical and market uncertainties.
