Key Takeaways
- Strategy completes its ninth straight weekly Bitcoin purchase, adding 1,045 BTC for $110 million.
- MSTR stock climbs over 2% in pre-market trading, reflecting strong investor confidence amid growing BTC holdings.
Strategy, formerly known as MicroStrategy, has completed its ninth consecutive week of Bitcoin purchases, reinforcing its position as the public company with the largest BTC holdings. In its latest move, the company announced it had acquired 1,045 BTC for approximately $110.2 million at an average price of $105,426 per coin. With this purchase, Strategy now holds a staggering 582,000 BTC, valued at $40.79 billion, acquired at an average cost of $70,086 per Bitcoin.
Led by Executive Chairman Michael Saylor, Strategy has achieved an impressive year-to-date (YTD) BTC yield of 17.1%. The firm continues to leverage its capital markets strategy to finance new Bitcoin acquisitions, including a recently upsized STRD offering from $250 million to $1 billion. The stock offering is expected to close on June 10, 2025, and proceeds will be used to fuel more BTC buys.
Saylor Signals More Buying Ahead, Aims for 10th Straight Week
Michael Saylor once again teased another BTC acquisition by flashing Strategy’s BTC portfolio tracker—a move that typically precedes official purchase announcements. Given the company’s aggressive buying spree, another acquisition this week could mark ten straight weeks of BTC accumulation. Strategy’s current streak is closing in on its previous record of 12 consecutive weekly buys, which occurred between November 2024 and February 2025—just before the rebrand.
Notably, last week’s purchase of 705 BTC for $75.1 million was the smallest in this nine-week stretch. Despite that, the company’s momentum in crypto markets remains unwavering.
Also Read: Metaplanet Raises $5.4 Billion to Buy 210,000 Bitcoin by 2027 in Bold Crypto Strategy
MSTR Stock Gains on Bitcoin Momentum
Strategy’s aggressive Bitcoin accumulation strategy continues to boost investor sentiment. MSTR stock is up more than 2% in pre-market trading, hovering around $380, after closing last week in the green at $368. This marks a recovery from the prior week’s dip to $360. According to MarketWatch, MSTR has surged 29% YTD, 30% over the past three months, and an impressive 134% in the last year—outpacing even major tech stocks.
With Saylor’s BTC ambitions showing no sign of slowing, both crypto and equity investors are watching closely for the next strategic move.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
