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Strategy adds 1,045 Bitcoin for $110 million

Strategy adds 1,045 Bitcoin for $110 million

GrafaGrafa2025/06/10 05:00
By:Mahathir Bayena

Strategy, formerly known as Microstrategy, announced it has purchased an additional 1,045 Bitcoins (CRYPTO:BTC) for approximately $110.2 million.

The acquisition took place between June 2 and June 8 at an average price of $105,426 per Bitcoin, according to the company’s filing with the U.S. Securities and Exchange Commission.

With this latest purchase, Strategy’s total Bitcoin holdings now stand at 582,000 coins.

The entire Bitcoin treasury was acquired for roughly $40.79 billion at an average price of $70,086 per Bitcoin.

“Strategy has acquired 1,045 BTC for ~$110.2 million at ~$105,426 per Bitcoin and has achieved BTC Yield of 17.1% YTD 2025. As of 6/8/2025, we hodl 582,000 BTC acquired for ~$40.79 billion at ~$70,086 per Bitcoin,” stated Executive Chairman Michael Saylor, highlighting the milestone on social media.

The Bitcoin purchases were funded through proceeds from Strategy’s ongoing at-the-market equity offerings.

During the same period, the company raised $112.2 million by selling preferred shares.

Strategy’s ATM programs have an authorised capacity of $44.1 billion, with over $41 billion still available.

This activity reflects the company’s continued commitment to expanding its Bitcoin treasury.

Saylor, known for his strong support of Bitcoin, spoke at the Bitcoin 2025 conference in Las Vegas, calling Bitcoin “engineered to outperform” traditional assets.

He forecasted Bitcoin would surpass gold and real estate to become the dominant store of value by 2045, with a projected market capitalisation of $500 trillion.

Saylor also predicted Bitcoin could reach $1 million per coin in the coming years, driven by institutional demand and favorable U.S. policy developments.

“I’m getting more bullish on that forecast. I’m certainly comfortable forecasting 30% a year on average for the next 20 years,” he remarked.

At the time of reporting, the Bitcoin (BTC) price was $110,195.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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