Michael Saylor’s Strategy has once again expanded its Bitcoin portfolio, purchasing nearly $531 million worth of the digital asset last week. As the price of Bitcoin surged above $107,000, the company now holds over 597,000 BTC, reinforcing its position as the world’s largest public holder of Bitcoin.
Nearly 5,000 BTC Acquired in a Week
According to a US Securities and Exchange Commission (SEC) filing published on Monday, Strategy purchased 4,980 BTC for approximately $531.1 million during the week ending June 29. The average purchase price stood at $106,801 per coin. Bitcoin itself climbed from roughly $101,000 on June 23 to over $108,000 by the end of the week, as per CoinGecko data.
With this acquisition, Strategy’s total Bitcoin holdings now amount to 597,325 BTC. The firm has spent about $42.4 billion acquiring its position, with an average cost basis of $70,982 per coin.
Year-to-Date Bitcoin Gains Soar
Strategy’s aggressive accumulation strategy has significantly boosted its year-to-date (YTD) performance. The company has gained 85,871 BTC, equivalent to roughly $9.5 billion in 2025 alone. This is compared to a 140,538 BTC gain, valued at $13 billion, throughout the entire year of 2024.
Source: Lookonchain
As a result, the company’s Bitcoin yield rose by 0.5% to reach 19.7%, edging closer to its ambitious target of a 25% YTD yield by the end of 2025. The quarter-to-date (QTD) yield also saw a rise of 0.4%, bringing it to 7.8%.
$796M Worth of Bitcoin Transferred
In addition to the recent purchase, blockchain observers noted Strategy moving 7,383 BTC—worth around $796 million—into three newly created wallets on Sunday. This movement, highlighted by analytics platform Lookonchain, is believed to be related to improved custodial management.
The report from Lookonchain also recalled Strategy’s rare selling activity: “Historically, Strategy only sold 704 BTC ($11.81M) at $16,776 on December 22, 2022, and soon repurchased 810 BTC ($13.64M) at $16,845 on December 24, 2022.” Apart from that instance, the firm has maintained a strict buy-and-hold policy.
Saylor Reflects on Strategy’s Bitcoin Journey
Ahead of announcing the latest purchases, Michael Saylor took to social media platform X (formerly Twitter) to reflect on Strategy’s Bitcoin journey. He reposted a 2020 interview with RealVision founder Raoul Pal, recalling the mindset behind his initial decision to go “irresponsibly long” on Bitcoin.
Source: Michael Saylor
“I’m buying it for the dude that’s going to work for the dude that’s going to get hired by the guy who takes over my job in 100 years,” Saylor said during the interview. “I’m not selling it. When it goes up by a factor of 100, I might borrow a little to buy something I want, but what am I going to buy with it that’s better than what I’m buying?”
Saylor’s long-term commitment to Bitcoin has now become the hallmark of Strategy’s investment approach, signalling unwavering confidence in the asset’s future potential.
