Michael Saylor’s Strategy has just added 10,100 BTC—worth about $1.05 billion—to its balance sheet, lifting the company’s total stash to roughly 592,100 coins.
The purchase price averaged $104,080 per Bitcoin, taking Strategy’s lifetime cost basis to about $70,700.
At current market levels, the holding is valued near $42 billion.
The fresh buy drew quips from peers: MetaPlanet’s CEO joked that Saylor should “leave some for the rest,” moments after the Japanese firm said its own Bitcoin trove had hit 10,000 BTC.
MetaPlanet’s shares surged more than 25 percent on the news, pushing its valuation past one trillion yen.
Strategy’s aggressive pace underscores Saylor’s conviction that Bitcoin will keep appreciating—he has floated a $13 million price target for 2045—while highlighting the widening gap between early corporate accumulators and newer entrants.
Michael Saylor, co-founder of the company now called Strategy and one of Bitcoin’s most vocal champions, says the next great migration of wealth will happen on the Bitcoin network.
Bitcoin’s roller-coaster days may be fading, and that shift could push the world’s largest digital asset into more professional portfolios, according to Coatue Management founder Philippe Laffont.
Truth Social, Donald Trump’s social-media platform, has quietly lodged paperwork for a fund that would hold both Bitcoin and Ethereum—marking the first time a Trump-linked business has ventured into the U.S. crypto-ETF arena.
Corporate interest in Bitcoin exploded between June 9 and 13, as public filings reveal more than 60 separate announcements tied to the cryptocurrency.