{"id":278743,"date":"2025-06-23T14:42:24","date_gmt":"2025-06-23T14:42:24","guid":{"rendered":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/23\/strategy-buys-26-million-worth-of-bitcoin\/"},"modified":"2025-06-25T17:07:59","modified_gmt":"2025-06-25T17:07:59","slug":"strategy-buys-26-million-worth-of-bitcoin","status":"publish","type":"post","link":"https:\/\/michigandigitalnews.com\/index.php\/2025\/06\/23\/strategy-buys-26-million-worth-of-bitcoin\/","title":{"rendered":"Strategy Buys $26 Million Worth Of Bitcoin"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div data-td-block-uid=\"tdi_61\">\n<div class=\"tdb-block-inner td-fix-index\">\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy<\/a> has purchased an additional 245 Bitcoin for approximately $26 million, continuing its steady accumulation strategy despite recent market volatility triggered by geopolitical tensions.<\/p>\n<p><a href=\"https:\/\/assets.contentstack.io\/v3\/assets\/bltf8d808d9b8cebd37\/blt863247f049c38d5d\/685940f5261e0b42efacce21\/form-8-k_filing-1_06-23-2025.pdf\" target=\"_blank\" rel=\"noopener\">According to an SEC filing<\/a> on June 23, the company acquired Bitcoin at an average price of $105,856 per coin during the week ending June 22. The purchase brings Strategy\u2019s total holdings to 592,345 BTC, with an aggregate cost basis of $41.87 billion at an average price of $70,681 per coin.<\/p>\n<figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"\/>\n<p>The acquisition was funded through <a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy\u2019s<\/a> at-the-market (ATM) equity offering program, selling 166,566 shares of STRK preferred stock for $17 million and 84,354 shares of STRF preferred stock for $8.7 million. The company reported a Bitcoin yield of 19.2% year-to-date, approaching its revised 25% target for 2025.<\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy\u2019s<\/a> purchase comes as Bitcoin recovered from weekend lows of $98,000 following U.S. airstrikes on Iranian nuclear facilities. The company has maintained consistent accumulation through market fluctuations, marking its tenth consecutive week of Bitcoin purchases.<\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/tags\/strategy\">Strategy<\/a> shares were down 1.55% in premarket trading as Bitcoin trades at $101,654, up 0.71% over the past 24 hours, while markets process broader geopolitical developments.<\/p>\n<\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-buys-26-million-worth-of-bitcoin\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] Strategy has purchased an additional 245 Bitcoin for approximately $26 million, continuing its steady accumulation strategy despite recent market volatility triggered by geopolitical tensions.<\/p>\n","protected":false},"author":1,"featured_media":278744,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[172],"tags":[],"_links":{"self":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/278743"}],"collection":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/comments?post=278743"}],"version-history":[{"count":0,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/posts\/278743\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media\/278744"}],"wp:attachment":[{"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/media?parent=278743"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/categories?post=278743"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/michigandigitalnews.com\/index.php\/wp-json\/wp\/v2\/tags?post=278743"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}