In a twist that could only be described as a financial soap opera, MicroStrategy—now cheekily rebranded as Strategy—has decided to add a whopping 1,045 Bitcoin to its already bulging vault this week. This little shopping spree has nudged the firm’s average purchase price to a staggering \$70,086, after they previously splurged at prices that would make a dragon weep—over \$100,000, no less!
So far, the company, led by the ever-enthusiastic Michael Saylor, has thrown more than \$40 billion at Bitcoin, and rumor has it they’re lining up even more financing to keep the digital coin party going. 🎉
Weekly Bitcoin Purchases: The Never-Ending Saga
Strategy’s drip-feed gameplan has become as predictable as a wizard forgetting his spellbook. They’ve managed to acquire just under 2,000 BTC over the last fortnight, but in a move that would make a squirrel proud, they’ve split those purchases into smaller, more manageable chunks.
This steady rhythm helps avoid the kind of market bumps that would make even the most seasoned trader spill their tea. It also keeps the firm in the headlines, which is a bit like being the most popular person at a very boring party. Traders are watching closely, and when Strategy buys, prices tend to do a little jig upwards. 💃
Strategy has acquired 1,045 BTC for approximately \$110.2 million at around \$105,426 per bitcoin, achieving a BTC Yield of 17.1% YTD 2025. As of June 8, 2025, we hold 582,000 \$BTC acquired for about \$40.79 billion at \$70,086 per bitcoin. $MSTR $STRK $STRF $STRD
— Strategy (@Strategy) June 9, 2025
Instead of issuing new MSTR shares, Strategy decided to dip into its STRK and STRF stocks. The latest filings reveal that \$62.7 million in STRK and \$43.3 million in STRF have been funneled into Bitcoin purchases. Talk about a creative financing strategy!
No new common shares were registered this round, which keeps Strategy at about 0.02 BTC per MSTR share—ten times more Bitcoin per share than any other name in the sector. It’s like having a golden ticket in a world of chocolate bars! 🍫
Impact On Market Supply: The Great Coin Heist
Corporate treasuries now hoard roughly 3.4 million BTC. This treasure trove includes what miners and governments have decided to keep under lock and key, leaving less coin for the rest of us mere mortals on the open market.
Over-the-counter desks have seen their inventories plummet from 236,000 BTC a month ago to a mere 123,500 BTC today. Even Coinbase Prime, the go-to for big players, shows only 63,535 BTC available. It’s like a game of musical chairs, and everyone’s scrambling for a seat! 🎶
Corporate Trends And Outlook: The Crystal Ball Gazing
Strategy’s moves cast a long shadow, much like a particularly tall wizard. Only 26 other public companies have more than 1,000 BTC, and just seven hold over 10,000 BTC. On-chain data points to nearly 2,000 whale wallets that top those numbers. It’s a veritable ocean of wealth!
In the past week alone, five additional firms have jumped on the Bitcoin bandwagon, using their purchases to grab attention on social media. In total, 124 public companies have now listed Bitcoin on their balance sheets or signaled plans to buy. It’s like a digital gold rush, but with fewer pickaxes and more hashtags.
What It Means For Investors: The Crystal Ball Says…
Reports suggest that small-scale buys can spark fresh demand without the risk of giant, sudden orders. However, average prices above \$70,000 come with their own set of risks. If Bitcoin dips, paper losses can mount faster than a wizard’s laundry pile after a week of spellcasting.
High interest rates add further pressure, but Strategy’s approach fuels a sense of scarcity. Every weekly buy is a reminder to the markets that big holders are in no rush to sell. It’s like watching a game of chess where the pieces are made of gold and the stakes are your sanity!
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2025-06-10 05:14