Michael Saylor’s Bitcoin-focused firm, Strategy, has once again increased its crypto holdings, purchasing 245 Bitcoin (BTC) worth approximately $26 million during a market downturn driven by global geopolitical tensions. The acquisition comes just days after Saylor reaffirmed his bullish outlook, projecting Bitcoin’s price to soar to $21 million per coin within the next 21 years.
BTC Purchase Amid Price Decline
According to a filing with the US Securities and Exchange Commission (SEC) on Monday, Strategy’s recent BTC acquisition was made during the week ending 22 June. The firm paid an average price of $105,856 per BTC as the cryptocurrency slipped from around $108,900 to an intraweek low just under $99,000, based on CoinGecko data.
An excerpt from Strategy’s Form 8-K. Source: SEC
This move reflects Strategy’s ongoing approach of buying Bitcoin during dips. While smaller than recent acquisitions, it is part of the company’s broader and consistent buying strategy. Notably, this is the smallest BTC purchase since March, when the firm bought 130 BTC for $10.7 million.
Long-Term Vision Despite Price Volatility
Michael Saylor, known for his unwavering commitment to Bitcoin, continues to double down on his long-term belief in the digital asset. The recent purchase aligns with his philosophy of “buying the top forever,” a strategy that aims to accumulate BTC regardless of short-term market fluctuations.
In late 2024, Saylor boldly stated, “I’m sure that I will be buying Bitcoin at $1 million a coin — probably $1 billion dollars a day of Bitcoin at $1 million a coin.” His vision hinges on the assumption that Bitcoin will eventually become the world’s dominant store of value, replacing traditional fiat currencies over time.
Growing Holdings and Average Cost
With this latest purchase, Strategy now holds a total of 592,345 BTC. The firm has spent approximately $41.9 billion to accumulate these holdings, at an average purchase price of $70,681 per coin. While some market watchers have questioned the firm’s tendency to buy in at higher price levels rather than waiting for deeper corrections, Strategy has remained consistent in its methodology.
Strategy’s chronological Bitcoin purchases since Feb. 24, 2025. Source: Strategy
Some observers noted the firm could have purchased more BTC during the latest dip, but Strategy’s incremental approach reflects confidence in its long-term vision rather than tactical market timing.
BTC Yield and Updated Performance Goals
Following this acquisition, Strategy’s year-to-date BTC yield stands at 19.2%, slightly higher than the 19.19% yield reported after the company’s previous $1 billion Bitcoin purchase on 16 June. Yield in this context refers to the percentage gain in the value of the company’s Bitcoin holdings since the start of the year.
Earlier this year, Strategy revised its annual BTC yield goal, increasing the target from 15% to 25% by the end of 2025. The firm cited increasing confidence in the asset’s upward trajectory as a key factor behind the revised goal. The latest yield performance suggests Strategy remains on track to meet this ambitious target.
Saylor’s New Price Prediction: $21M in 21 Years
In line with the company’s continued purchases and bullish stance, Saylor recently raised eyebrows with a new long-term prediction for Bitcoin. Speaking on 21 June, he forecast that BTC could reach $21 million per coin over the next 21 years — a symbolic projection that underscores his conviction about the asset’s future.
Strategy’s Bitcoin metrics as of June 16, 2025. Source: Strategy
While the forecast may seem extreme to many in the financial community, it is consistent with Saylor’s broader thesis: that Bitcoin, as a decentralised and deflationary digital asset, will become exponentially more valuable over time as fiat currencies continue to devalue.
Conclusion
Despite short-term market volatility and questions about timing, Strategy continues to build on its dominant position as the world’s largest public holder of Bitcoin. With bold predictions and an aggressive accumulation strategy, Michael Saylor and his firm remain at the forefront of institutional Bitcoin adoption — regardless of where prices stand in the short term.
