TLDR

MicroStrategy moved $796 million worth of Bitcoin to three new wallets on Sunday for enhanced security and management
The company now holds nearly 600,000 BTC valued at over $63.6 billion, making it the world’s largest corporate Bitcoin holder
Michael Saylor signaled the company’s 11th consecutive week of Bitcoin purchases, starting April 14
MicroStrategy’s most recent purchase was 245 BTC for $26 million on June 23
The company has only sold Bitcoin once in its history, selling 704 BTC in December 2022 for tax purposes before buying back 810 BTC two days later

MicroStrategy transferred $796 million worth of Bitcoin to three new wallet addresses on Sunday, according to data from analytics platform Lookonchain. The move appears designed to improve security and management of the company’s massive Bitcoin holdings.

The transfer comes as MicroStrategy approaches 600,000 BTC in total holdings. The company currently owns 592,345 BTC valued at over $63.6 billion, making it the world’s largest known corporate Bitcoin holder.

MicroStrategy co-founder Michael Saylor signaled the company’s 11th consecutive week of Bitcoin purchases in a post to his 4.4 million followers on X. The buying streak began on April 14 and shows no signs of stopping.

“In 21 years, you’ll wish you’d bought more,” Saylor wrote on the social media platform. The Strategy co-founder has gained roughly 1 million followers over the last year.

In 21 years, you’ll wish you’d bought more. pic.twitter.com/s1I607RVda

— Michael Saylor (@saylor) June 29, 2025

The company’s most recent Bitcoin acquisition occurred on June 23. MicroStrategy purchased 245 BTC for $26 million during that transaction, adding to its already substantial holdings.

MicroStrategy holds more than double the amount of Bitcoin compared to the top 20 competing public Bitcoin treasury companies combined. This positions the company as a dominant force in corporate Bitcoin adoption.

Source: BitcoinTreasuries

Bitcoin Strategy and Market Position

The company’s Bitcoin treasury strategy has generated over $21.8 billion in unrealized capital gains. MicroStrategy is up over 52% on its Bitcoin investment, demonstrating the success of its accumulation approach.

Saylor has repeatedly rejected the idea of selling Bitcoin, describing the cryptocurrency as “the exit strategy.” He has stated that selling Bitcoin would damage trust with the broader community and that supporters would go “ballistic” if this happened.

MicroStrategy has only sold Bitcoin once in its history. The company sold 704 BTC on December 22, 2022, for tax-loss harvesting purposes but bought back 810 BTC for around $13.6 million two days later.

Analysts continue to debate whether MicroStrategy’s rapid Bitcoin accumulation will trigger a supply shock. Some believe this could drive Bitcoin prices higher due to reduced available supply.

Corporate Bitcoin Treasury Risks

Market participants have raised concerns about the sustainability of corporate Bitcoin treasury models. Some worry about companies that finance Bitcoin purchases with debt and equity, particularly newer entrants to the space.

A recent report from venture capital firm Breed suggests only a handful of Bitcoin treasury companies will survive if Bitcoin prices drop. The report notes that newer treasury companies face higher risks due to tougher capital raising terms.

Source: Breed

MicroStrategy has a higher chance of surviving market downturns due to its size and Bitcoin holdings. The company weathered the previous bear market while maintaining its accumulation strategy.

The report indicates that MicroStrategy’s discipline during bear markets will be the hallmark behavior of successful Bitcoin treasury companies. This approach has helped establish the company’s market position.

Market analyst Jeff Walton recently predicted MicroStrategy has a 91% chance of joining the S&P 500 in Q2 2025. The S&P 500 tracks the 500 largest companies listed on the US stock market.

The company’s Bitcoin strategy continues to attract attention from investors and analysts. MicroStrategy’s approach has influenced other companies to adopt similar Bitcoin treasury strategies.

The post MicroStrategy Moves $796 Million in Bitcoin, Signals 11th Straight Week of Purchases appeared first on CoinCentral.

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Filed under: News - @ June 30, 2025 10:20 am