Strategy Buys 245 Bitcoin for $26 Million

2 mins mins

Key Points:

Strategy acquires 245 Bitcoin, leveraging preferred stock funding strategies to expand holdings.
Bitcoin purchase average: $105,856 per BTC.
Michael Saylor leads with strong Bitcoin advocacy.

Strategy acquired 245 bitcoins between June 16 and 22, 2025, at an average price of $105,856 per coin, totaling $26 million. The acquisition underscores Strategy’s ongoing commitment to Bitcoin, consolidating its status as a major corporate holder with over 592,000 BTC in its treasury.

Strategy has consistently raised equity and preferred stock capital to accumulate bitcoin during periods of market volatility. The latest purchase utilized funds from STRK and STRF preferred stock ATM financing plans, reflecting Strategy’s consistent strategy of leveraging capital market opportunities for further Bitcoin acquisitions.

Strategy Expands Bitcoin Holdings Amid Market Volatility

Strategy, formerly MicroStrategy, has acquired 245 bitcoins, increasing its total assets to 592,345 BTC. The purchase was priced at an average of $105,856 per BTC, as detailed in documents filed with the SEC. This action enhances the company’s standing as the largest corporate Bitcoin holder led by Michael Saylor, renowned for his Bitcoin advocacy.

Insights from the Coincu research team suggest that Strategy’s acquisition may influence future market trends, potentially encouraging other firms to adopt similar strategies. Historical data indicates its impact on Bitcoin price stability during volatile periods.

Bitcoin Purchase Strategies and Market Impact Analysis

Did you know? In a similar strategic move in early June 2025, Strategy purchased 10,100 BTC for $1.05 billion during market volatility, revealing a consistent pattern of capitalizing on Bitcoin market fluctuations.

According to CoinMarketCap data from June 23, 2025, Bitcoin’s price stands at $101,188.47, with a circulating supply of 19,882,543 BTC. The market cap is approximately $2.01 trillion, while its 24-hour trading volume shows a 31.59% change, listed at $63.67 billion. Recent activity indicates a slight decline of 1.45% in the last 24 hours.

bitcoin-daily-chart-1711 — Bitcoin(BTC), daily chart, screenshot on CoinMarketCap at 12:20 UTC on June 23, 2025. *Source: CoinMarketCap*

DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.