Michael Saylor’s Strategy recently made another move to buy Bitcoin (BTC), despite the military tension between Iran and Israel in the Middle East. According to Cryptonews, a Form 8-K submission to the U.S. Securities and Exchange Commission on June 23 revealed that Strategy acquired 245 Bitcoin between June 16 and June 22, 2025.
This purchase increased Strategy’s total Bitcoin holdings to 592.345 BTC. With the current market price, Strategy’s Bitcoin treasury is now valued at around USD 60 billion, strengthening its position as the world’s largest corporate crypto holder. The company, headquartered in Tysons Corner, Virginia, spent USD 26 million on the transaction, paying an average of USD 105,856 per Bitcoin, a premium over its cumulative average 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. The accumulation of Bitcoin by Strategy reflects a broader philosophical shift within the company. With ongoing inflation expectations and 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 reinforces 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 U.S.-based KindlyMD is pursuing a multi-million-dollar merger with Bitcoin investment company Nakamoto Holdings to transition to BTC treasury operations.
