Strategy It has also acquired 705 additional Bitcoins worth approximately $75 Million, further enhancing its position of being the largest corporate Bitcoin holder as more and more companies are adopting Bitcoin treasury strategy.
A Form 8-K, filed on June 2 with the SEC, shows that the company bought Bitcoins at an average of $106,495 each between May 26 to June 1. This brings its total Bitcoin holdings up to 580 955 BTC. The company funded the acquisition through its at-market equity offerings (ATMs) of perpetual preferred stock.
In total, $74.6m was raised by the company through its sale of preferred shares. The stock sold included 354 968 STRF preferred shares and 353, 511 STRK for $36.2m. Strategy now has an average purchase price per Bitcoin of $70,002 with this acquisition.
Bitcoin’s continued expansion in corporate treasuries reflects the growing confidence of institutions. Over 60 companies are now holding Bitcoin in their balance sheet, which is unprecedented for 2025.
Current market prices are approximately $104,165. Strategy’s Bitcoins valued at over $60 billion reinforces its position as the largest corporate Bitcoin holder. Since adopting its Treasury strategy in 2020, the company has steadily accumulated Bitcoins through different market conditions.
GameStop purchased 4,710 BTC for $513,000,000 and Semler Scientific bought 455 BTC for $50,000,000. In 2025 the total corporate Bitcoin holdings will surpass $100 billion, a major shift from traditional Treasury management.
Bitcoin was trading at $104,165 during the time of this article, down by 0.07% from the previous 24 hours. As the market digests the latest development in institutional adoption and its implications on broader corporate use of Bitcoin as a Treasury asset, the price is expected to rise.
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Source: bitcoinmagazine.com
