Days pass, weeks fly by, and Michael Saylor continues to maneuver at the helm of Strategy with surgical precision. Every move seems orchestrated according to a long-rehearsed score. Once again, the company makes a strong impact, adding 1,045 bitcoins to its colossal treasury. A purchase valued at 110.2 million dollars that confirms a well-oiled strategy: turning capital markets into a bitcoin-stacking machine, again and again.
One more week, one more batch of bitcoin. It has now been nine consecutive weeks that Michael Saylor’s Strategy injects tens of millions into the king asset. With these 1,045 additional BTC, acquired at an average price of $105,426, the company now holds a stock of 582,000 bitcoins. An astronomical amount, obtained for about 40.8 billion dollars, at an average cost of 70,086 dollars per bitcoin.
Nothing is left to chance. Everything is documented, especially in filings with the SEC. On June 9, a new statement formalized this purchase. For Michael Saylor:
Bitcoin is our long-term treasury strategy.
And this strategy seems more tenacious than ever.
The portfolio yield is also closely watched: +17.1% since January 2025. A performance that reinforces the company’s faith in bitcoin. On the market, the signal is clear: Strategy is not selling, it is accumulating.
This new feat would not have been possible without a clever setup. Strategy raised nearly 979 million dollars by issuing 11.76 million STRF preferred shares at 85 dollars each. A capital dilution accepted, for a focus on a single asset: bitcoin.
Saylor’s method is formidable: selling securities to buy bitcoin, week after week, with almost military regularity. “By diluting our capital, we concentrate our wealth“, he summarizes. This phrase has now become a mantra.
Some observers question the limits of this strategy. Others see it as a form of reinventing corporate capitalism, version 3.0. What is certain: Strategy has not said its last word. If states continue to tolerate — or even indirectly support — this frenzy of accumulation, bitcoin could reach 500,000 dollars each . This is one of the hypotheses raised by some analysts, who analyze the possible domino effect. The queen of cryptos is not done making headlines.