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Jun 23, 2025, 12:11 p.m.
- Michael Saylor’s Strategy (MSTR) acquired 245 bitcoin (BTC) for $26 million in the week ended June 22.
- The fresh acquisitions were funded with sales of preferred stock.
- The company now holds 592,345 BTC purchased at an average price of $70,681 each.
Strategy (MSTR), the largest publicly listed company holding bitcoin
, has increased its holdings by an additional 245 BTC for $26 million.
This latest acquisition brings Strategy’s total bitcoin holdings to 592,345 BTC worth nearly $60 billion at bitcoin current price of about $101,000. The company’s average purchase price for its entire bitcoin position now stands at $70,681.
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The fresh buys were financed through proceeds raised via the at-the-market (ATM) equity offering program for its preferred stock classes, STRK and STRF.
MSTR shares are lower by 2.1% premarket as bitcoin continues to reel from the weekend strikes against Iran even as traditional markets have mostly shrugged off the news.
James Van Straten is a Senior Analyst at CoinDesk, specializing in Bitcoin and its interplay with the macroeconomic environment. Previously, James worked as a Research Analyst at Saidler & Co., a Swiss hedge fund, where he developed expertise in on-chain analytics. His work focuses on monitoring flows to analyze Bitcoin’s role within the broader financial system.
In addition to his professional endeavors, James serves as an advisor to Coinsilium, a UK publicly traded company, where he provides guidance on their Bitcoin treasury strategy. He also holds investments in Bitcoin and Strategy (MSTR).
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