Following its most recent bitcoin purchases last week, Strategy (ticker MSTR) now holds a total of 592,100 BTC.
NYSE-listed DDC aims to expand its existing 100 Bitcoin treasury with a $528 million raise from backers like Animoca, Anson Funds, and QCP Capital.
Companies around the globe made 60 Bitcoin announcements in five days, signaling a surge in corporate interest. Between June 9 and 13, companies added thousands of BTC to their balance sheets and revealed plans for billions more. This week’s activity shows that more businesses are treating Bitcoin like any other financial asset. Related Reading: Amid Bitcoin Hype, Seasoned Trader Predicts Sudden Drop To This Level Six New Bitcoin Treasuries Open Doors According to data shared by @btcNLNico on X, six firms created fresh Bitcoin treasuries and together added 404 BTC in just one week. American Bitcoin Corp led the pack with an initial purchase of 215 BTC as it moves toward a public merger under the ABTC ticker. ???? Week 24 – #Bitcoin Treasury Strategy Updates ???? ???? June 9-13 saw a massive 60 announcements! ???? – 6 new treasuries launched with 404 BTC – 10 future treasuries announcements – 23 companies added bitcoin, totaling 2,188 BTC – 9 plans to buy more bitcoin, up to ~$1.83 billion… pic.twitter.com/HM9FiZWMvb — NLNico (@btcNLNico) June 14, 2025 Bitmine and Gumi also made their debut in the corporate Bitcoin club. On top of that, 10 companies—including Mercury Fintech, which unveiled an $800 million financing plan—have filed paperwork or announced intentions to set up their own Bitcoin reserves. Trump Media, owned by US President Donald Trump, even registered for a $2.3 billion Bitcoin Treasury deal. Existing Holders Expand Their Stakes Twenty‑three firms bolstered existing Bitcoin piles with 2,188 BTC of new buys. Strategy was the busiest, scooping up 1,045 BTC and closing a $979.7 million IPO on June 10. Remxpoint added 279.9 BTC, KULR took on 118.6 BTC, and Cipher Mining snapped up 111 BTC. Smaller players like Vanadi Coffee and Rocksoft chipped in with between 1 and 10 BTC each. Based on reports, this wave of buying echoes the rush into Bitcoin ETFs—BlackRock’s IBIT fund alone approached $1 billion in inflows over the same stretch. Plans Point To $1.83 Billion In Future Buys Nine companies have spelled out intentions to buy more Bitcoin, potentially fueling $1.83 billion of fresh demand. ANAP has raised funds earmarked for a 585 BTC purchase. Mélioz brought in $32.5 million and set up warrants that could translate into another $69.48 million in Bitcoin. GameStop announced a $2.25 billion convertible note issue, with proceeds tagged for crypto investments. Related Reading: Ethereum Whales Feast While Retail Flees—ETH Ocean Just Got Hungrier Asset Tokenization And Capital Raises Take Shape Based on reports, some firms are going beyond simple purchases. DDC Enterprise and H100 Group plan to tokenize real‑world assets and use Bitcoin as collateral. The Blockchain Group in France kicked off a €300 million capital program and won shareholder backing to raise up to 10 billion euros. Featured image from Unsplash, chart from TradingView
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Strategy's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $63 billion.
Meanwhile, U.S. regulatory momentum is building, with stablecoin legislation advancing and a market structure bill in the works.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
Bitcoin’s price outlook remains sky-high after Strategy founder Michael Saylor told Bloomberg on Tuesday that a market freeze won’t come back. He argued that growing demand and limited daily supply point straight to a rally toward $1 million. Related Reading: Relentless Bitcoin Accumulation: Strategy Snaps Up 1,045 More BTC Supply And Demand Pressure According to Saylor, miners release only about 450 BTC each day. That adds up to roughly $50 million at today’s price of around $109,859. He said once that $50 million is snapped up by buyers, there’s no choice but for the price to climb. His view rests on the idea that active demand now matches or exceeds what miners sell. High Price Targets Based on reports, asset manager ARK Invest recently boosted its bull case for Bitcoin from $1.5 million to $2.4 million by the end of 2030. Saylor went even further. He said that as long as Bitcoin doesn’t head to zero, it’s bound for $1 million. His own firm has picked up 582,000 BTC since 2020. That stash is worth nearly $64 billion, according to Saylor Tracker data. Institutional And Political Support Saylor pointed to big names backing Bitcoin. He mentioned US President Donald Trump, US Treasury Secretary Scott Bessent and SEC chair Paul Atkins as signs that the asset has won its toughest battles. He also noted that banks are lining up to offer custody services. And he praised Bitcoin ETFs from BlackRock and others for buying coins daily. Volatility Warning Saylor didn’t shy away from a cautionary note. He suggested that if Bitcoin hits $500,000 or $1 million, a fall to about $200,000 could follow. That’s almost a 60% drop from the peak. His point was that big price swings are part of Bitcoin’s history—and likely its future. Beyond miner sales and whale wallets, analysts say wider market moves matter too. Spot and futures trading often top $10 billion a day, so $50 million of fresh buys might only nudge the price. Regulation could swing the other way if concerns over energy use or consumer protection grow. And rival cryptocurrencies keep popping up with new features. Related Reading: Owning 10,000 XRP? You’re Among Crypto’s Elite, Expert Claims What Comes Next Reports disclose the real test will be whether steady new buyers can outpace both miner supply and selling by holders looking to bank profits. Saylor’s figures make a strong case for continued upside. But investors who build a plan around a $1 million Bitcoin should brace for big dips along the way. In the end, daily demand, political moves and how the rest of the financial world reacts will decide if those eye-popping targets really come to pass. Featured image from Getty Images, chart from TradingView
These strategies distort liquidity and sentiment, posing long-term risks to bitcoin's stability and adoption, the digital asset bank said.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
According to recent filings, MicroStrategy (rebranded to Strategy) added 1,045 Bitcoin to its holdings this week. The move pushed the firm’s average purchase price to $70,086, after buying at levels above $100,000 in recent weeks. Related Reading: Elon Musk ‘Will Do Anything’ To Make XRP King, Tech Mogul Says So far, the Michael Saylor-led company has spent more than $40 billion on Bitcoin and is lining up more financing to keep the buys coming. Weekly Bitcoin Purchases Continue Strategy’s drip-feed gameplan has become routine. The firm bought just under 2,000 BTC over the last two weeks, but split those into smaller chunks. That steady rhythm helps avoid big bumps in the market. It also keeps the firm in the headlines on a weekly basis. Traders watch closely. When the company buys, prices tend to move up. 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. $MSTR $STRK $STRF $STRDhttps://t.co/blyWfRskjE — Strategy (@Strategy) June 9, 2025 Rather than issue new MSTR shares, Strategy tapped its STRK and STRF stocks. The latest filings show $62.7 million in STRK and $43.3 million in STRF went into Bitcoin purchases. No new common shares were registered this round. That keeps Strategy at about 0.02 BTC per MSTR share—10 times more Bitcoin per share than any other name in the sector. Strategy's latest Bitcoin purchase filing with the SEC. Impact On Market Supply Corporate treasuries now hold roughly 3.4 million BTC. That stash includes what miners and governments no longer sell. It leaves less coin on the open market. Over-the-counter desks have seen their inventories drop from 236,000 BTC a month ago to just 123,500 BTC today. Even Coinbase Prime, one of the main outlets for big players, shows only 63,535 BTC available. Corporate Trends And Outlook Strategy’s moves still cast a long shadow. Only 26 other public companies have more than 1,000 BTC, and just seven hold over 10,000 BTC. On-chain data points to nearly 2,000 whale wallets that top those numbers. In the past week alone, five additional firms bought BTC, using their purchases to grab attention on social media. In all, 124 public companies have now listed Bitcoin on their balance sheets or signaled plans to buy. Related Reading: Ignore The Trump–Musk Noise: Bitcoin’s Backbone Stays Solid What It Means For Investors Based on reports, small-scale buys can spur fresh demand without the risk of giant, sudden orders. But average prices above $70,000 come with their own risk. If Bitcoin dips, paper losses mount fast. High interest rates add further pressure. Still, Strategy’s approach fuels a sense of scarcity. Every weekly buy reminds markets that big holders are in no rush to sell. Featured image from Unsplash, chart from TradingView
The commonly used mNAV is an insufficient gauge for measuring relative valuations, argues NYDIG's Greg Cipolaro
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $62 billion.
The new STRD offer long-term investors high-yield returns and no management fees.
Strategy has announced the pricing of its STRD perpetual preferred stock offering, upsizing the deal from $250 million to $1 billion.
K Wave Media is the latest firm to pursue a Bitcoin acquisition strategy, with plans to sell $500 million worth of stock to finance its purchases.
Strategy (previously MicroStrategy), the Bitcoin (BTC) proxy firm led by Michael Saylor, has made headlines again with its latest acquisition of the market’s leading cryptocurrency. In a Monday filing with the US Securities and Exchange Commission (SEC), the company revealed that it purchased an additional 705 BTC between May 26 and June 1, bringing its total holdings to 580,955 coins. Strategy Continues Bitcoin Buying Spree This recent acquisition was made at an aggregate cost of $75.1 million, translating to approximately $106,495 per Bitcoin. Overall, Strategy’s Bitcoin investments now amount to around $40.68 billion, averaging about $70,023 for each token. Following the announcement, Strategy’s stock, MSTR, rose 0.9% to $372.72, while the broader market showed mixed results, with the S&P 500 and the tech-heavy Nasdaq Composite gaining 0.4% and 0.7%, respectively. Related Reading: $3 XRP Dream Delayed—No Bull Run Before November, Says Top Analyst Though the latest purchase is significant, it is not among the largest on record for the company, which has typically acquired thousands of Bitcoin in a single transaction. The smallest acquisition to date occurred in March, when MicroStrategy purchased just 130 tokens as the price of BTC remained below $85,000. Strategy’s recent buying spree comes amid ongoing macroeconomic uncertainties that have affected cryptocurrency prices. Despite Bitcoin reaching a new all-time high of $111,8000 last week, the cryptocurrency has retraced nearly 6% from its record. Nevertheless, the company has consistently taken advantage of the cryptocurrency’s price dips, marking its eighth consecutive week of Bitcoin purchases, ignoring any price fluctuation. Arkham Tracks 97% Of Saylor’s Holdings In a social media update on Sunday, Saylor hinted at the impending announcement, and on Monday, he shared details about the latest acquisition, stating that Strategy has achieved a Bitcoin yield of 16.9% year-to-date as of June 1, 2025. However, according to blockchain analysis platform Arkham Intelligence, Strategy’s holdings may be even larger than reported, estimating them at nearly 625,000 BTC, valued at approximately $59.92 billion. This estimate includes 70,816 BTC identified by Arkham, which highlights the significant assets held by the company. Related Reading: Ethereum Poised For A 5-Figure Breakout – Volatility Is Shaking ‘Weak Hands’ Arkham noted that it has tracked 97% of Saylor’s Bitcoin holdings, emphasizing that this is the first public acknowledgment of such substantial assets. They clarified that 87.5% of Strategy’s reported holdings consist of Bitcoin, with a portion held in Fidelity Digital’s omnibus custody. Previously, the firm identified about 107,000 BTC that were sent to Fidelity deposits, which are not listed under the Strategy entity due to Fidelity’s custody practices. In total, more than 327,000 BTC are held by Saylor’s Bitcoin proxy firm in segregated custody within the Strategy entity, further solidifying the company’s position as a significant player in the cryptocurrency market. Featured image from DALL-E, chart from TradingView.com
The company previously offered other preferred shares Strife and Strike as part of its plan to raise a total of $84 billion.
Two heavyweight Bitcoin holders, Strategy (formerly MicroStrategy) and Metaplanet, have seized the latest market correction as a buying opportunity. As Bitcoin briefly fell near $103,000 towards the end of May, both companies bolstered their reserves with a combined purchase of nearly 2,000 BTC worth close to $200 million. Strategy buys 705 BTC Strategy disclosed on […]
The post Strategy and Metaplanet capitalize on Bitcoin correction with $200M acquisition appeared first on CryptoSlate.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
The company's holdings now total around 2.8% of the total 21 million bitcoin supply — worth over $60 billion.
Strategy (formerly MicroStrategy) copycats are on the rise, and venture capital is backing the trend. Here's why.
“Satoshi started a fire in cyberspace, and while the fearful run from it and fools dance around it, the faithful feed the flame, dreaming of a better world, and bathe in the warm glow of cyberlight,” Saylor said.
Tether, Softbank and Cantor Fitzgerald-backed Twenty One Capital has raised an additional $100 million by selling convertible notes.
By tapping capital markets and pledging to accumulate BTC, both firms amplify Bitcoin beta through corporate leverage.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.
While Strategy continues to aggressively acquire bitcoin, the pace of its buys has been slowing in recent weeks.
Metaplanet plans to expand its bitcoin strategy with $50 million in newly issued zero-interest bonds, after it increased its BTC stash to 7,800 bitcoins.
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.