MicroStrategy Purchases 245 Bitcoin for $26 Million

MicroStrategy, led by Michael Saylor, acquired 245 Bitcoin for $26 million according to a U.S. SEC filing dated June 2025.

The purchase highlights MicroStrategy’s commitment to expanding its substantial Bitcoin holdings, despite recent market volatility, further cementing its status as a leading institutional holder.

MicroStrategy has confirmed its acquisition of 245 Bitcoin for approximately $26 million, disclosed through an official SEC filing. The firm continues to execute its strategy of large-scale Bitcoin accumulation amidst market fluctuations. Led by Michael Saylor, MicroStrategy has consistently supported aggressive cryptocurrency investments. As Michael Saylor stated, “I’m sure that I will be buying Bitcoin at $1 million a coin — probably $1 billion a day of Bitcoin at $1 million a coin.” The latest acquisition was funded by selling STRK and STRF preferred stock, contributing to their total holding of 592,345 BTC. These actions demonstrate the company’s long-standing commitment.

The immediate reaction saw a modest Bitcoin price increase of 0.71% to around $101,654 following geopolitical tensions. Markets responded with cautious optimism due to MicroStrategy’s strong commitment to Bitcoin amidst volatility. The broader implications include potential impacts on public companies with significant Bitcoin investments. Despite a slight dip in premarket trading, Strategy’s stock remains up by 28% year-to-date, indicating positive sentiment towards the firm’s strategic direction. The acquisition may lead to regulatory scrutiny and influence institutional approaches toward cryptocurrency investments. Historically, MicroStrategy’s calculated acquisitions have contributed to stabilizing market sentiments during uncertain times.