Strategy additionally purchases 1,054 BTC
Saylor-led Strategy has extended its disciplined approach to Bitcoin acquisition, purchasing 1,054 BTC in its latest weekly round.
Over the past two weeks, the company added under 2,000 BTC, but these steady inflows have pushed the firm’s average purchase price to $70,086, a significant rise after recent buys exceeding $100,000 per coin, reports Cryptopolitan.
In total, Strategy has now spent over $40 billion on its BTC treasury and remains open to new financing options to deepen its holdings. The firm’s weekly purchases are loosely timed, showing no direct link to price dips, and often correlate with stock placements of internal share classes like STRK and STRF.
No new MSTR, but STRD launch targets yield-seeking investors
The latest BTC acquisition was not funded by MSTR common stock, preserving the company’s BTC-per-share leadership at 0.02 BTC per share—nearly 10x higher than its closest competitors. The purchases were enabled through the issuance of $62.7 million in STRK and $43.3 million in STRF shares.
Looking ahead, Strategy plans to introduce a new stock class, STRD, on June 10, featuring a non-mandatory 10% dividend. STRD is positioned as a high-risk, high-reward instrument that may stimulate demand for the company’s broader equity offering, even though investor compensation rights differ across classes in the event of an emergency.
Corporate adoption rises as supply tightens
Strategy’s sustained buying continues to influence the broader corporate BTC landscape, which now includes 124 public companies with some level of BTC treasury exposure. Despite over 2,000 large whale wallets on-chain, only 26 companies hold more than 1,000 BTC, and just seven exceed 10,000 BTC.
Meanwhile, the circulating BTC supply is shrinking: OTC desks now hold only 123.5K BTC, down nearly 50% from a month ago, with Coinbase Prime controlling just 63,537 BTC. This supply crunch supports BTC’s latest surge above $107,000, with Strategy’s purchase seemingly helping push prices to $107,975 shortly after the announcement. MSTR stock also rebounded to $374.47, helping offset tech-sector volatility, including Tesla’s recent pullback.
Recently we wrote that according to recent data, 16 companies have already added the digital asset to their treasuries, with five of them collectively investing $10.2 million.
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