Quick Summary
- Strategy bought 705 BTC for $75.1 million between May 26 and June 1.
- BTC purchased at an average price of $106,495.
- Strategy now holds 580,955 BTC, valued at over $60 billion.
- The average cost per BTC: $70,023.
- The firm revised its YTD BTC yield target to 25%, up from 15%.
- Purchase funded via ATM equity offerings totaling $74.6 million.
- Director Jarrod Patten sold 3,750 MSTR shares, creating short-term stock pressure.
- Michael Saylor reinforced Bitcoin conviction at the Bitcoin 2025 Conference.
- Institutional interest in Bitcoin surges, with GameStop and Semler joining in.
Bitcoin Institutional Investment Surges: Strategy Acquires 705 BTC Amid Market Dip
Buying the Dip: Strategy’s Bold Bitcoin Acquisition
In a strategic move aligning with its aggressive Bitcoin strategy, Strategy has added another 705 BTC to its holdings, spending $75.1 million between May 26 and June 1, according to an SEC filing released on June 2. This purchase comes despite Bitcoin’s intraweek low of $103,400, reflecting Strategy’s unwavering belief in the long-term potential of the cryptocurrency.
🎤 “21 Ways to Wealth” – Michael Saylor reiterated his unshakable faith in Bitcoin during his keynote at Bitcoin 2025 in Las Vegas.
With this latest acquisition, Strategy now holds a staggering 580,955 BTC, making it the largest institutional holder of Bitcoin globally.
Bitcoin Institutional Investment at Record Highs
This move isn’t just about numbers—it’s about confidence. At the current market price of $104,165, Strategy’s holdings are worth over $60 billion, despite recent price fluctuations.
The company’s average cost per BTC now stands at $70,023, and its total investment sits at around $40.7 billion.
Revised Yield Targets:
Initially targeting a 15% year-to-date (YTD) Bitcoin yield, Strategy has revised its goal to 25%, citing increased market momentum and recent acquisitions. This latest BTC purchase alone bumped their YTD yield by 0.1%, following a previous acquisition of 4,020 BTC.
How Strategy Funded the Purchase
Strategy raised $74.6 million to fund this BTC acquisition via ATM equity offerings, specifically:
- 353,511 STRK shares raised $36.2 million
- 374,968 STRF shares raised $38.4 million
This financing method showcases the firm’s confidence in its BTC-centric financial architecture and long-term strategy.
Insider Sell-Off: Temporary Market Dip
In contrast to the bullish momentum, Strategy director Jarrod Patten sold 3,750 MSTR shares between May 22 and May 29, worth nearly $1.4 million. This move briefly sent the stock dipping below $360 on May 28 and May 30, demonstrating how insider moves still influence sentiment.
Growing Institutional Confidence in Bitcoin
The broader corporate landscape is mirroring Strategy’s conviction. Recently:
- 🕹️ GameStop acquired 4,710 BTC for $513 million
- 🧬 Semler Scientific added 455 BTC for $50 million
The result? Total corporate Bitcoin holdings now exceed $100 billion, underlining a clear institutional trend towards embracing Bitcoin as a treasury asset.
Michael Saylor’s Vision: Long-Term Wealth Through Bitcoin
At the Bitcoin 2025 Conference, Strategy co-founder Michael Saylor delivered a keynote titled “21 Ways to Wealth,” doubling down on Bitcoin as a tool for long-term financial stability and wealth generation. His belief remains steadfast, even amid market volatility.
What This Means for the Future of Bitcoin Institutional Investment
Strategy’s commitment sends a strong signal to the market: Bitcoin is more than a hedge—it’s a corporate asset class. As more companies like GameStop and Semler join the BTC bandwagon, we can expect the line between crypto and traditional finance to blur further.