Michael Saylor’s Strategy once again made a move to buy Bitcoin (BTC), despite the market being shocked by the military tensions between Iran and Israel in the Middle East. According to Cryptonews on Tuesday (24/6/2025), the filing of Form 8-K to the US Securities and Exchange Commission on June 23 showed that Strategy acquired 245 Bitcoin between June 16 and June 22, 2025.
This purchase raised Strategy’s total Bitcoin ownership to 592,345 BTC. At the current market price, Strategy’s Bitcoin treasury is now valued at around USD 60 billion (Rp982.5 trillion), further 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 over its average cumulative acquisition price of USD 70,681 across all holdings.
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 calculations, a superior reserve asset.
The company’s 19.2% BTC yield 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 the US-based KindlyMD is pursuing a million-dollar merger with Bitcoin investment company Nakamoto Holdings to transition to BTC treasury operations.
