Strategy, the largest corporate holder of Bitcoin, has acquired 10,100 BTC for approximately $1 billion, reinforcing its position amid rising Middle East tensions. The announcement, made on June 16, follows heightened geopolitical conflict between Israel and Iran.
Bitcoin Purchases Accelerate Amid Market Uncertainty
The average purchase price was $104,080 per BTC, with total holdings now reaching 592,100 BTC, acquired at an average of $70,666 per coin.
This aggressive accumulation came as Bitcoin briefly dipped to $103,639 during the week of June 10–15, following reports of Israeli airstrikes on Iranian nuclear facilities. Strategy capitalized on the market correction to significantly expand its Bitcoin treasury.
STRD Launch Boosts Bitcoin-Buying Capacity
The latest acquisition aligns with the launch of Strategy’s STRD — a new Bitcoin-backed preferred stock that began trading on June 11.
STRD aims to raise $250 million via an IPO of 2.5 million Series A Perpetual Preferred Shares, priced at $100 each.
This funding mechanism allows Strategy to raise capital for further Bitcoin purchases while offering investors exposure to Bitcoin through structured equity. STRD offers a 10% annual dividend, making it attractive to income-seeking investors who also want BTC-linked exposure.
Total Holdings Reach Over $41.8 Billion
Strategy now holds 592,100 BTC, worth approximately $41.8 billion, solidifying its lead as the most BTC-rich corporation globally.
The company’s systematic approach to accumulating Bitcoin during market dips and macro uncertainty has become a model of long-term digital asset conviction. With geopolitical instability rising, institutional investors are closely watching Strategy’s strategy as a potential hedge against fiat volatility.
Market Impact and Investor Sentiment
The recent $1 billion BTC purchase signals confidence in Bitcoin as a long-term asset, even amid risk-off sentiment globally. While gold and oil markets reacted sharply to the Israel-Iran conflict, Bitcoin saw renewed institutional support through significant acquisitions like this.
As Bitcoin trades around $106,774, Strategy’s cost basis remains well-positioned for further upside.
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Strategy’s consistent Bitcoin acquisitions, supported by innovative financial instruments like STRD, underline the increasing integration of Bitcoin into corporate treasury strategies, even during global uncertainty.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.