Strategy (Nasdaq: MSTR) has increased its Bitcoin holdings by acquiring 705 BTC for approximately $75 million between May 26 and June 1, 2025. The purchase, detailed in an SEC filing on June 2, 2025, occurs during a period of notable market activity.
As the largest corporate holder of Bitcoin, Strategy now holds 580,955 BTC, valued at over $60 billion. Since 2020, the company has been strategically accumulating Bitcoin, with the latest purchase averaging $106,495 per BTC.
The acquisition was funded using proceeds from preferred stock offerings, including the 10% Series A Perpetual Strife Preferred Stock (STRF) and the 8% Series A Perpetual Strike Preferred Stock (STRK). Bitcoin was trading around $104,288.99, up 8.5% for the month, according to Kraken's price feed. Michael Saylor anticipates further institutional adoption driving Bitcoin's future growth.
This article is based on our author's analysis of materials taken from the following resources: U.Today, CCN and Forbes.