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Strategy executed a massive acquisition of approximately 24,869 Bitcoin for $2.01 billion over the past week. According to reports, the average purchase price for this latest transaction was approximately $80,985 per Bitcoin. This move brings the company's total holdings to 843,738 BTC, with 97% of the acquisition funded through ongoing sales of STRC stock.
This acquisition occurs as institutional adoption of digital assets continues to gain momentum, with Strategy maintaining a significant lead over corporate peers in treasury size. Compared to other major holders like Tesla or Coinbase, Saylor’s strategy remains the most aggressive in accumulating Bitcoin as a primary reserve asset. Per market data, this expansion underscores the firm's conviction in Bitcoin's long-term value proposition despite inherent volatility in the crypto sector.
STRC shares are being closely monitored as investors assess the impact of these increased holdings on the corporate balance sheet. Looking ahead, the market is focused on upcoming US CPI inflation data, which could serve as a catalyst for broader crypto price action. Analysts will be watching key support levels for Bitcoin to evaluate the timing of this latest multi-billion dollar deployment.
Update: Data from Arkham has revealed that SpaceX holds more than $637 million in Bitcoin as the company prepares for a potential Nasdaq listing as early as June 12. With a valuation targeting nearly $1.75 trillion, the move further solidifies the trend of major global technology firms integrating digital assets into their corporate treasuries.