Strategy, led by Michael Saylor, has purchased 10,100 BTC for $1.05 billion, increasing its holdings to 592,100 BTC, representing nearly 3% of the total supply.
Financing came from a fundraising through preferred shares STRD with a 10% yield, as well as sales of shares STRK and STRF on the market.
With an average purchase price of $70,666, Strategy shows an unrealized gain of over 36% and continues to convert its cash into a BTC value reserve.
Strategy Acquires 10,100 BTC via New STRD Shares
592,100 bitcoins. That’s where Strategy, the company led by Michael Saylor, stands after a new raid of 10,100 BTC. Transaction amount: $1.05 billion, closed in just a few days through a massive fundraising. The timing? Perfect. BTC is flirting with $107,000, and the company more than ever positions itself as the largest institutional hodler on the planet.
A Well-Timed Fundraising for the Bull Run
No need to sell assets: Strategy found something better. The company raised nearly one billion dollars through a new issue of preferred shares labeled “STRD”, with an appealing yield of 10%. Result: $979.7 million net raised, targeting investors seeking steady long-term returns.
But that’s not all. Part of the funds also came from a share sale program on the market, through other preferred classes (STRK and STRF), activated between June 9 and 15. The message is clear: Saylor is using the market as a money press to stack even more BTC.
An Acquisition Average Well Below the Current Price
Since its initial purchases, Strategy has accumulated 592,100 BTC at an average acquisition price of $70,666. At over $107,000 per unit, this represents over 36% unrealized gain on the entire reserve. Approximately $63.3 billion in current value.
This position surpasses by far that of all other listed companies, including Coinbase or Tesla. Saylor is literally turning his company into a disguised Bitcoin ETF, with leverage.
Bitcoin, More Than an Asset: A Treasury Strategy
For Strategy, BTC is not just an investment. It’s a full-fledged treasury strategy. While other companies fight inflation with 5% rates, Saylor is betting the opposite: converting his capital into a rare and deflationary digital reserve.
The logic is compelling. BTC is limited to 21 million units. Strategy now holds nearly 3%, with unlimited financial means to buy more. And as long as the market rises, its actions rise too, attracting more capital to buy… more BTC.
A Model That Inspires (or Worries)
Some see it as financial genius. Others as an extremely risky bet. But one thing is certain: Strategy is redefining the rules of the game. In the midst of post-halving euphoria and with spot ETFs draining liquidity, this type of move can create formidable leverage effects on price.
Saylor does not hide it: “We will buy more.” The next barrage could be even more massive.
