In a notable move in the crypto investment space, Strategy has acquired 1,045 Bitcoin (BTC) for roughly $110.2 million, averaging about $105,426 per BTC. The firm now holds an impressive 582,000 BTC, worth approximately $40.79 billion, which reflects their significant presence in the Bitcoin market. This acquisition comes as part of a broader strategy aimed at capitalizing on the cryptocurrency's long-term prospects. As of June 8, 2025, the firm claims an annual BTC yield of 17.1% year-to-date, indicating a strong performance in its Bitcoin holdings. Michael Saylor, a prominent figure in the Bitcoin investment arena, shared this update via his social media channels, expressing confidence in Bitcoin's future value and continued growth in the market. Saylor's approach often emphasizes the potential of Bitcoin as a long-term store of value and hedge against inflation, encouraging investors to consider the mechanics of holding cryptocurrency over time.
Strategy Acquires $110 Million Worth of Bitcoin, Now Holds 582,000 BTC
Strategy has purchased 1,045 BTC for approximately $110 million, bringing its total holdings to 582,000 BTC valued at around $40.79 billion.
Jamie Bennett
Crypto Analyst
4 min read
5,875
Analysis
Market Sentiment
Bearish
Neutral
Bullish
News Impact
8/10
Credibility: 9/10
Trading Recommendation
BTC
BTC
BUY
Entry Price
$105426
Confidence
80%
Stop Loss
$103000
Take Profit
$110000 - $115000
The acquisition news indicates strong market confidence in BTC, supporting a bullish outlook.
