Michael Saylor’s Strategy continues its Bitcoin (BTC) buying spree, despite the market being rattled by military tensions between Iran and Israel in the Middle East. According to Cryptonews, on Tuesday (24/6/2025), the submission of Form 8-K to the US Securities and Exchange Commission on June 23 showed that Strategy acquired 245 Bitcoins between June 16 and June 22, 2025.
This purchase increased Strategy’s total Bitcoin ownership to 592.345 BTC. At current market prices, Strategy’s Bitcoin treasury is now worth around USD 60 billion (Rp982.5 trillion), solidifying its position as the world’s largest corporate crypto holder. The company, headquartered in Tysons Corner, Virginia, spent USD 26 million (Rp425.7 trillion) on the transaction, paying an average of USD 105,856 per Bitcoin, a premium to its cumulative average acquisition price of USD 70,681 throughout its ownership.
The purchase was funded through the net proceeds from the company’s ongoing preferred stock offering in the market. Strategy’s accumulation of Bitcoin reflects a broader philosophical shift within the company. With ongoing inflation expectations and constantly changing global monetary policies, Bitcoin’s programmed scarcity and 24/7 liquidity have made it, in Strategy’s calculation, a superior reserve asset. The company’s 19.2% BTC return in 2025 so far only strengthens this belief.
In Asia, South Korea’s Parataxis recently raised USD 18 million to launch a Bitcoin treasury vehicle on the KOSDAQ exchange, while US-based KindlyMD is pursuing a multi-million dollar merger with Bitcoin investment company Nakamoto Holdings to transition to BTC treasury operations.
