Strategy, the world’s first bitcoin firm, chaired by U.S. entrepreneur Michael Saylor, has taken a bold step to boost its bitcoin (BTC) reserves amid the crypto market’s consolidation. As revealed on Monday, the company has spent $75.1 million to acquire an additional 705 BTC, continuing its streak of weekly bitcoin purchases.
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, 2025
As in many recent cases, the company spread out the BTC purchase over the past business week to acquire the crypto at different market prices. Thus, it attained an average buy price of $106,495 per bitcoin. Remarkably, its latest purchase is the second-lowest of the year but the most expensive, based on the average purchase price.
$75M Well Spent
After reaching a new all-time high two weeks ago, BTC has been in a downtrend as investors cashed out their profits. While this was ongoing, Saylor led his company to acquire more units of the world’s leading crypto.
Information from the company’s BTC acquisition announcement reveals that it has spent approximately $40.68 billion to acquire 580,955 BTC. Strikingly, it adopted BTC as a reserve asset five years ago, when it was valued at $11,652, and has continued to purchase it at various high prices. Thus, it has achieved an all-time average purchase price of $70,023 per bitcoin.
With BTC almost 100x its value from the day of Strategy’s first buy in October 2020, the business intelligence firm has achieved over $20 billion in unrealized profits.
Strategy’s BTC Wallet Identified
In a recent development, blockchain analytics firm Arkham Intelligence revealed that by analyzing on-chain activity, it has discovered Strategy’s bitcoin wallets. Collectively, the wallets Arkham revealed hold 53,833 BTC, valued at approximately $59.9 billion, which accounts for over 97% of Strategy’s total holdings.
Meanwhile, the company has taken steps over the years to conceal its wallet addresses. Saylor reiterated this while speaking at the Bitcoin 2025 event in Las Vegas, stating that revealing such sensitive information exposes firms to security threats.
