Company, MicroStrategy, Purchases Bitcoin Worth $26 Million
In a move that signals continued investment in the cryptocurrency market, Strategy, the largest Bitcoin holder, has made a significant purchase last week. The company acquired 245 Bitcoins, bringing its total holdings to 592,345.
The purchase was made when the price of Bitcoin was fluctuating, with the price falling from $108,900 on June 16 to less than $99,000 during the week. Despite the decline, Strategy did not significantly increase its purchase volume. The total value of the Bitcoin purchase was approximately $26 million.
This is the first instance where the average price per coin in a purchase by Strategy is lower than the previous one, with the average price for the recent purchase being $105,856 per coin, compared to the average of $70,681 per coin in its March purchase.
The Bitcoin purchase was made to take advantage of the price drop due to geopolitical tensions, according to a document filed with the SEC on Monday. This is not the first time Strategy has made a strategic investment in Bitcoin during periods of market volatility.
Prior to last month, the company's last large Bitcoin purchase was on August 30, 2025, when they bought 4,048 BTC for a total of $450 million. The latest purchase, while smaller, still adds to Strategy's significant Bitcoin holdings, which now have a total value of approximately $41.9 billion.
The company's strategy of investing in Bitcoin during market downturns has proven to be successful, as the value of its holdings continues to grow. With this latest purchase, Strategy reaffirms its commitment to the cryptocurrency market and its belief in the long-term potential of Bitcoin.
In conclusion, Strategy's decision to purchase 245 Bitcoins last week, despite the declining price, demonstrates the company's continued confidence in the cryptocurrency market. As the largest Bitcoin holder, Strategy's investments have a significant impact on the market, and its strategic purchases during periods of volatility are closely watched by investors and analysts alike.
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