Strategy Acquires 1,045 BTC for $110 Million
- Strategy’s purchase adds 1,045 BTC to treasury.
- The acquisition cost was $110.2 million.
- Firm now holds a total of 582,000 BTC.
Strategy, formerly known as MicroStrategy, acquired 1,045 Bitcoin last week, confirming the acquisition in a press release on June 9, 2025. This move further solidifies its position as a major bitcoin holder under the leadership of Chairman Michael Saylor.
Strategy’s recent Bitcoin acquisition matters as it demonstrates continued corporate confidence in Bitcoin amidst market fluctuations, potentially boosting investor morale and stabilizing BTC prices. No immediate impact on other cryptocurrencies or protocols reported.
Led by Michael Saylor, Strategy acquired 1,045 BTC, as detailed in a Form 8-K submitted to the SEC. The transaction was funded via preferred share issuance, marking their ninth consecutive acquisition week since April 2025.
Strategy used equity sales to finance the Bitcoin purchase instead of cash or debt. As a leader in corporate Bitcoin holdings, they now amass 582,000 BTC, solidifying their role in market movements. Michael Saylor emphasized, “Bitcoin is our long-term treasury strategy.”
The acquisition’s immediate effect is a reinforced narrative of Bitcoin accumulation by major corporates, supporting Bitcoin’s market value. This purchase aligns with Strategy’s long-term strategy of holding Bitcoin as a treasury asset.
Strategy’s actions highlight ongoing institutional interest in Bitcoin, reinforcing its status as a pivotal asset. Historical trends suggest similar actions previously boosted market confidence, with potential for renewed interest among investors and other corporations.
