Strategy Doubles Down on Crypto with $75M Purchase of 705 Bitcoin
Strategy, led by Executive Chairman Michael Saylor, announced on Monday that the firm has purchased an additional 705 Bitcoin for approximately $75.1 million between May 26 and 30, reinforcing the company’s ongoing commi...
Strategy, led by Executive Chairman Michael Saylor, announced on Monday that the firm has purchased an additional 705 Bitcoin for approximately $75.1 million between May 26 and 30, reinforcing the company’s ongoing commitment to the cryptocurrency.
Strategy has acquired 705 BTC for ~$75.1 million at ~$106,495 per bitcoin and has achieved BTC Yield of 16.9% YTD 2025. As of 6/1/2025, we hodl 580,955 $BTC acquired for ~$40.68 billion at ~$70,023 per bitcoin. $MSTR $STRK $STRF https://t.co/K4tex3qHrN
— Michael Saylor (@saylor) June 2, 2025This purchase was funded by proceeds from the company’s active at-the-market (ATM) offerings of its preferred stock classes, STRK and STRF. The purchase period spanned from May 26 to June 1, 2025, and marks another milestone in the company’s long-running Bitcoin accumulation strategy.
The firm now holds a total of 580,955 BTC acquired for an aggregate purchase price of roughly $40.68 billion, representing an average purchase price of $70,023 per bitcoin.
This latest buy reflects Strategy’s ongoing commitment to its Bitcoin-centric corporate treasury strategy, where excess capital, including proceeds from equity offerings, is consistently redeployed into the cryptocurrency.
With this move, Strategy also disclosed a bitcoin yield of 16.9% year-to-date, reinforcing its position as the largest corporate holder of BTC globally.
The timing of this acquisition, at a higher average price compared to its long-term cost basis, suggests that Strategy views Bitcoin’s recent rally as a sign of longer-term strength rather than a peak.
ATM Programs Fuel ExpansionDuring the same period, Strategy said it has made use of its ATM equity programs to raise funds for both operational and investment purposes.
Between May 26 and June 1, the company raised a total of $74.6 million across its ATM programs: $36.2 million from the sale of 353,511 STRK shares and $38.4 million from the sale of 374,968 STRF shares.
These preferred stock instruments, each carrying attractive dividend yields of 8.00% and 10.00% respectively, were established earlier this year and have already shown strong traction in the market.
As of June 1, there remains substantial capacity within these programs for future issuance—$20.68 billion for STRK and $2.05 billion for STRF—indicating Strategy’s intent to continue leveraging these instruments for growth and BTC accumulation.
The company also declared quarterly cash dividends on both series of preferred shares, with STRK shareholders receiving $2.00 per share and STRF shareholders receiving approximately $2.64 per share. These payments are scheduled for June 30, 2025, to shareholders of record as of June 15.
The dividend on the STRF shares includes an accrual from the issuance date of March 25, further underlining the firm’s attention to maintaining shareholder value alongside its bitcoin-centric strategy.
K33 Says Strategy Slows Bitcoin Buys as MSTR Premium ShrinksK33 Research reports that Strategy appears to be easing its pace of Bitcoin acquisitions. In its latest filing, Strategy revealed it bought 4,020 BTC between May 19 and May 25 for $427.1 million, using proceeds from its ongoing $21 billion at-the-market (ATM) offering.
However, capital raised from the program has slowed. Only $348.7 million was deployed during that week—down from $705.7 million the week prior and $1.31 billion in early May.
K33 Head of Research Vetle Lunde attributes the deceleration to two key factors: a declining premium for MSTR shares relative to the firm’s Bitcoin holdings, and intensifying competition among corporations entering the Bitcoin treasury space.
“The pace of ATM utilization is notably slower than the first round,” Lunde noted.
Between early November and mid-December, Strategy raised an average of $2.13 billion weekly. In contrast, recent averages have dropped to $788 million.
The post Strategy Doubles Down on Crypto with $75M Purchase of 705 Bitcoin appeared first on Cryptonews.
Original source
Read on CryptonewsRelated market context
Bitcoin price faces new risk as big buyers lose conviction
Bitcoin’s largest buyers are no longer behaving like a reliable backstop for the largest cryptocurrency. The exchange-traded funds...
SpaceX’s $75 Billion IPO at $135 Sparks Fresh Crypto Bets
Key Takeaways: SpaceX’s IPO was priced at $135 a share to raise a record $75 billion. Offering will value the company at about $1....
SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC
Bitcoin Magazine SpaceX Officially Joins Public Bitcoin Leaderboard as 8th Largest Holder With 18,712 BTC Elon Musk’s SpaceX launc...
Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low
Bitcoin Magazine Standard Chartered Calls Crypto Bottom as Bitcoin Price Recovers From $59,000 Low Standard Chartered’s head of di...
SpaceX’s IPO exposes the first crack in tokenized stocks – fragmented ownership and allocation
SpaceX priced its IPO at $135 per share on June 11, raised $75 billion in the largest public offering in history, and opened on Na...
Sky Governance Proposal Seeks To Double USDC PSM Buffer To $800 Million
TL;DR BA Labs has proposed doubling key LITE-PSM-USDC-A parameters in the Sky stablecoin system from 400 million to 800 million. T...