As Bitcoin briefly slipped to $103,000 last week, Strategy—the largest corporate BTC holder—seized the opportunity to grow its reserve.
In a filing dated June 2, the company confirmed the purchase of 705 BTC for $75.1 million between May 26 and 30, paying an average of $106,495 per coin.
This latest acquisition boosts Strategy’s total Bitcoin holdings to 580,955 BTC, acquired for roughly $40.68 billion at an average entry price of $70,023. The buy marks the firm’s final Bitcoin addition for May.
Meanwhile, Strategy director Jarrod Patten offloaded 3,750 shares of MSTR between May 22 and 29, netting close to $1.4 million. The stock dropped below $360 during the sales but ended the week at $369, still showing strength despite pre-market softness.
Year-to-date, MSTR remains up 23%, with a 123% increase over the past year—underscoring continued investor interest, even as internal selling adds short-term pressure.
Corporate adoption of Bitcoin is gaining significant momentum, according to Bitwise Asset Management’s latest Q2 2025 report.
Bitcoin showed a brief bullish reaction to the June U.S. Producer Price Index (PPI) release at 12:30 UTC, but the move quickly lost steam as traders digested the broader implications of the data.
U.S.-listed spot Bitcoin ETFs continue to post strong inflows, recording their ninth consecutive day of net positive investment activity on Tuesday.
Chaitanya Jain, Bitcoin strategy manager at Strategy, has pushed back against online speculation that the company’s fate is tightly bound to the price of Bitcoin.