Strategy buys 705 BTC for $75.1M, marking its eighth consecutive weekly purchase.

Company’s Bitcoin holdings rise to 580,955 BTC, now worth over $60 billion.

BTC yield climbs to 16.9% YTD as Strategy boosts its treasury performance.

Strategy, a leading corporate Bitcoin investor, has purchased 705 BTC for $75.1 million at an average price of $106,495 per Bitcoin. This marks the eighth consecutive week for Bitcoin purchases by the company, which underscores their confidence in Bitcoin for their treasury. After making this move, Strategy’s year-to-date (YTD) Bitcoin yield for 2025 is now 16.9%.

Strategy Now Holds 580,955 BTC Worth Over $60 Billion

On June 1, 2025, the company owns 580,955 BTC. They were purchased for around $40.68 billion at an average price of $70,023 per Bitcoin. Since Bitcoin is trading around $104,165, BTC’s value in Strategy’s portfolio is presently more than $60 billion.

The new purchase also caused the Bitcoin yield for Strategy to grow very slightly. The YTD yield “jumped up” by 0.1% as a result of the acquisition, which was more than the 0.1% yield from the previous 4,020 BTC purchase. Over the quarter so far (QTD), the yield remains at 5.4%. The increases in Bitcoin’s value on Strategy’s balance sheet are what determine these performance figures.

Before the announcement, Strategy’s co-founder, Michael Saylor, who is well known for his support of Bitcoin, posted a Bitcoin price chart on X (formerly Twitter). This suggested the company wanted to acquire and was following a previously used approach by hinting at acquisitions on social networks. His post containing the line “Orange is my favorite color” went out to his audience of 4.4 million followers. The rise in Strategy’s media presence has led to more people following him.

Strategy Sells STRK, STRF Shares to Acquire More Bitcoin

The latest acquisition was funded through the sale of preferred stock. Strategy managed to sell $36.2 million worth of STRK and $38.4 million worth of STRF preferred stock. All sales caused the company to acquire over $74 million in Bitcoin. One source found that Strategy (MSTR) did not sell any of its Class A common stock last week. It also has another $18.63 billion that it can access under its MSTR ATM program.

Such STRK and STRF shares fit within Strategy’s aggressive plan to use $42 billion in capital. The aim is to get a total of $84 billion in capital for buying Bitcoins by 2027. The “21/21” strategy was doubled to $84 billion after the initial money for equity was allocated.

Particularly, the Strategy’s decision reflects what is happening more broadly in 2025. Bitcoin is becoming a more common part of company finances. Renowned retailer GameStop purchased 4,710 BTC for $513 million, and Semler Scientific has completed a purchase of 455 BTC for $50 million. Therefore, the amount of Bitcoin that companies hold combined is now valued at more than $100 billion this year.

Institutions have greater confidence in Bitcoin because of this trend. Bitcoin is now owned by over 60 public companies, which is a new direction in managing corporate treasury funds. Continuing to buy digital assets, Strategy is now the world’s biggest corporate Bitcoin holder.

The post Strategy Buys 705 BTC for $75.1M, Extends Bitcoin Buying Streak appeared first on Live Bitcoin News.

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Filed under: Bitcoin - @ June 2, 2025 6:22 pm