Michael Saylor’s Strategy Buys $75M in Bitcoin, MSTR Stock Slips

Key Insights:

  • Strategy has announced acquiring 705 BTC worth $75.1 million in the week that ended June 1.
  • The latest purchase increases the total BTC holdings to 580,955 BTC worth around $60 billion.
  • MSTR stock slips amid tariff concerns while Bitcoin price jumped by 0.30% after the Bitcoin purchase announcement.

Strategy, the largest corporate holder of Bitcoin, on Monday said it has purchased 705 BTC for $75.1 million. With the latest purchase, the company has increased its bitcoin holdings to 580,955 BTC.

Meanwhile, MSTR stock price continues to trade under pressure due to tariff concerns. At the time of writing, MSTR stock was down 0.63% to $366.74 in premarket trading hours.

Strategy Increases Bitcoin Treasury by 705 BTC

According to a press release on June 2, Strategy has purchased an additional 705 BTC at $106,495 per Bitcoin between May 26-June 1, 2025.

Chairman Michael Saylor took to X to reach out to the wider community about the latest Bitcoin purchase worth $75.1 million. He revealed that the company has achieved the BTC Yield of 16.9% YTD 2025.

Source: X
Source: X

With the latest Bitcoin purchase, Strategy has raised its Bitcoin stash to 580,955 BTC. It is worth nearly $60 billion. The bitcoin purchases were made using proceeds from the MSTR Class A shares, STRK and STRF shares at-the-market (ATM).

Last week, Strategy announced acquiring 4,020 Bitcoin for $427.1 million at an average price of $106,237.

As per Saylor tracker, Michael Saylor’s Strategy has made $19.85 billion in unrealized gains. The company’s holdings are valued at $60.54 billion compared to its total investment of $40.69 billion. This positions the firm as one of the most successful corporate Bitcoin investors.

Strategy Board Announces Dividends

The company announced that its board of directors has declared quarterly cash dividends of $2 per STRK share. Also, a $2.64 per share payout on the STRF shares.

The issuance date for STRF is March 25. Whereas, the record date for both STRK Shares and STRF shares is June 15. Shareholders will get payment on June 30.

Meanwhile, MSTR stock has slipped lower nearly 0.63% in premarket trading hours, with the price at $366.74 at the time of writing. The stock closed 0.42% lower at $369.06 on Friday, as per Yahoo Finance.

Bitcoin Price Reacts to the Latest Bitcoin Buy

Bitcoin price jumped just 0.3% after the announcement by Saylor, with the price trading at $104,211 at the time of writing. The 24-hour low and high are $103,899 and $105,930, respectively.

Furthermore, the trading volume has increased by 18% in the last 24 hours, indicating a rise in interest among traders.

Analyst Michael van de Poppe said “Clear rejection on Bitcoin implying that we’re going to see lower prices before we’re going to see upwards momentum.” He had earlier predicted that BTC price needs to hold above the $106K level to start its upside run again.

Bitcoin 4-Hr Chart. Source: X
Bitcoin 4-Hr Chart. Source: X

Moreover, CoinShares data revealed that investors are shifting from Bitcoin (BTC) to Ethereum (ETH) as Bitcoin saw over $8 million in outflows. Whereas, ETH saw $321 million in inflows. This is the strongest run for ETH since December 2024.

Tokyo, Japan-based investment company Metaplanet today announced another purchase of 1088 Bitcoins worth nearly $117.3 million. The company now holds 8,888 BTC — about 88.8% of its 10,000 BTC goal for 2025.

Simon Gerovich, CEO of Metaplanet, said the company purchased additional Bitcoin at $107,771 and has achieved a BTC Yield of 225.4% YTD.

Source: https://www.thecoinrepublic.com/2025/06/02/michael-saylors-strategy-buys-75m-in-bitcoin-mstr-stock-slips/