MicroStrategy’s Bitcoin Bonanza: 1,045 Coins and Counting! 💰🚀

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In a move that can only be described as “let’s throw a small fortune at digital gold,” Strategy has decided to double down on Bitcoin with a jaw-dropping $110 million purchase. This audacious act has catapulted their holdings to a staggering 582,000 BTC, making them the undisputed heavyweight champions of the crypto world. 🥊💸

Strategy Supercharges Bitcoin Reserve with 1,045 BTC, Total Hits 582,000 Coins

So, here’s the scoop: MicroStrategy, now rebranded as Strategy (because why not?), announced on June 9 that they’ve snagged an additional 1,045 Bitcoin for a cool $110.2 million. According to their filing with the U.S. Securities and Exchange Commission (SEC) — yes, that SEC — this little shopping spree took place between June 2 and June 8 at an average price of $105,426 per coin. With this latest acquisition, Strategy now holds a mind-boggling 582,000 BTC, purchased for a total of roughly $40.79 billion at an average price of $70,086 per Bitcoin. Talk about a wallet that could make Scrooge McDuck jealous! 🦆💰

Executive Chairman Michael Saylor, who seems to have a PhD in Bitcoin enthusiasm, took to social media platform X to share his excitement:

“Strategy has acquired 1,045 BTC for ~$110.2 million at ~$105,426 per Bitcoin and has achieved BTC Yield of 17.1% YTD 2025. As of 6/8/2025, we hodl 582,000 BTC acquired for ~$40.79 billion at ~$70,086 per Bitcoin.”

Now, how did they fund this Bitcoin bonanza? Well, they used proceeds from their ongoing at-the-market (ATM) equity offerings. In the same reporting period, they raised $112.2 million through the sale of 626,639 STRK and 432,679 STRF preferred shares. Their ATM programs, launched earlier this year, total a staggering $44.1 billion in authorized capacity, with over $41 billion still available. It’s like they’re playing Monopoly, but with real money! 🎲💵

Saylor, who is practically the poster child for Bitcoin advocacy, continues to sing its praises. At the Bitcoin 2025 conference in Las Vegas, he boldly declared Bitcoin “engineered to outperform” all traditional assets. He predicts it will outshine gold and real estate to become the world’s dominant store of value by 2045, with a projected market cap of $500 trillion. Yes, trillion with a “T.” He also envisions Bitcoin reaching $1 million per coin in the coming years, driven by institutional demand and favorable U.S. policy developments, including a proposed Strategic Bitcoin Reserve. Previously, he modeled a 2045 BTC price of $13 million, with a bull case of $49 million and a bear case of $3 million. “I’m getting more bullish on that forecast,” he added last week. “I’m certainly comfortable forecasting 30% a year on average for the next 20 years.”

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2025-06-09 15:58