Michael Saylor's investment firm, Strategy, has continued to expand its Bitcoin holdings throughout June 2025, making several large acquisitions. On June 15, Strategy announced the purchase of 10,100 BTC for approximately $1.05 billion at an average price of $104,080 per bitcoin, bringing total holdings to 592,100 BTC acquired for about $41.84 billion at an average price of $70,666 per bitcoin. Subsequently, between June 16 and June 22, Strategy acquired an additional 245 BTC for $26 million at an average price of $105,856 per bitcoin, increasing total holdings to 592,345 BTC valued at $41.87 billion. From June 23 to June 29, the firm made a further purchase of 4,980 BTC for $531.9 million at an average price of $106,801 per bitcoin, raising total holdings to 597,325 BTC with a cost basis of approximately $42.4 billion and an average purchase price of $70,982 per bitcoin.
Strategy's Bitcoin yield for 2025 has improved to 19.7% year-to-date. The firm now holds nearly 2.82% of the total Bitcoin supply, with its portfolio valued at over $64 billion as of late June. Saylor has reiterated his bullish outlook on Bitcoin, forecasting a price of $21 million per coin by 2046 and predicting that when Wall Street allocates 10% of portfolios to Bitcoin, the price could reach $1 million per coin. He has also indicated plans to continue acquiring billions of dollars worth of Bitcoin, aiming to push Strategy's holdings past 600,000 BTC. The company's aggressive accumulation strategy has contributed to unrealized profits estimated at over $21 billion in the second quarter of 2025, positioning it among the most profitable investors in the asset class.
