Strategy, formerly known as MicroStrategy, has continued its aggressive Bitcoin accumulation, acquiring an additional 130 BTC for approximately $10.7 million.
This latest purchase underscores the company’s ongoing commitment to its Bitcoin strategy.
As of March 16, 2025, Strategy and its subsidiaries hold a total of approximately 499,226 BTC.
The firm’s total Bitcoin investment stands at around $33.1 billion, with an average purchase price of roughly $66,360 per BTC, including fees and expenses.
Despite market fluctuations, Strategy remains one of the largest institutional holders of Bitcoin, consistently increasing its holdings over time.
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.
Brandon Lutnick, son of U.S. Commerce Secretary Howard Lutnick, is reportedly finalizing a multibillion-dollar Bitcoin acquisition deal through a special purpose acquisition company (SPAC) backed by Cantor Fitzgerald.