Strategy recently purchased 1,045 bitcoins (BTC), worth $110.2 million.

CN
7 hours ago

Strategy has purchased $110.2 million worth of Bitcoin (BTC) as the price approaches its all-time high.

According to a filing submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, Strategy acquired 1,045 BTC at an average price of $105,426 per coin. The company currently holds 582,000 BTC, with a total purchase cost of approximately $40.8 billion, averaging about $70,086 per coin.

This announcement came after Strategy co-founder and executive chairman Michael Saylor hinted at the purchase on June 8, 2025. This acquisition marks the ninth consecutive week that Strategy has bought Bitcoin.

As news of the latest purchase emerged, Bitcoin's price was nearing its historical peak. According to CoinMarketCap, at the time of writing, Bitcoin was trading at $107,640, just 3.9% below the historical high of approximately $112,000 reported in May.

The latest Bitcoin acquisition follows Strategy's announcement of a $1 billion stock issuance, which is four times the previously announced $250 million financing. The company plans to use the raised funds for further Bitcoin acquisitions and corporate expenses.

The stock issuance involves 11.76 million shares of Strategy's 10.00% Series A perpetual preferred stock, priced at $85 per share. After deducting underwriting fees and other expenses, the company expects to raise approximately $979 million.

Unlike previous financing rounds, this issuance offers a 10% non-cumulative dividend, aimed at attracting institutional and professional investors seeking yield opportunities.

Strategy, formerly known as MicroStrategy, began accumulating Bitcoin in August 2020, making its first purchase of 21,454 BTC for $250 million. The company now holds over 2.75% of the total Bitcoin supply.

The company's market capitalization has reached $104.6 billion, significantly higher than the $1.2 billion reported before it began accumulating Bitcoin in July 2020. Its success story has inspired a long list of other companies to follow suit.

Among them is Metaplanet, known as "Japan's MicroStrategy." The company recently became the eighth-largest corporate holder of Bitcoin globally, adopting the same approach as Strategy.

Similarly, French company The Blockchain Group increased its treasury by 580 BTC, leading to a 225% surge in its stock price after it shifted to Bitcoin accumulation in November 2024.

Earlier this month, Norwegian cryptocurrency exchange Norwegian Block Exchange announced its intention to purchase and hold Bitcoin, resulting in a stock price increase of over 138% in a single day.

Related: Metaplanet's stock price soared after announcing a $5.4 billion Bitcoin (BTC) acquisition plan.

Original article: “Strategy buys 1,045 Bitcoin (BTC) worth $110.2 million”

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Bybit: $50注册体验金,$30,000储值体验金
Ad
Share To
APP

X

Telegram

Facebook

Reddit

CopyLink