MicroStrategy Nears 600,000 Bitcoin Milestone with Eighth Consecutive Purchase

MicroStrategy, now rebranded as Strategy, has signaled its eighth consecutive weekly Bitcoin purchase, further solidifying its position as the largest corporate holder of the cryptocurrency. The company''s latest acquisition of 705 BTC brings its total holdings to 580,955 BTC, valued at approximately $61.44 billion at current prices. This relentless accumulation puts the 600,000 BTC milestone within reach, showcasing the firm''s unwavering commitment to Bitcoin as a cornerstone of its treasury strategy. Executive Chairman Michael Saylor continues to champion this aggressive accumulation, reinforcing the company''s bullish outlook on the digital asset. As of June 2025, MicroStrategy''s Bitcoin holdings represent one of the most significant corporate investments in cryptocurrency history, underscoring the growing institutional adoption of Bitcoin as a store of value.

MicroStrategy Signals Eighth Consecutive Bitcoin Purchase Amid $1B Fundraising Push

MicroStrategy, now rebranded as Strategy, continues its relentless Bitcoin accumulation with an eighth consecutive weekly purchase signaled by executive chairman Michael Saylor. The company''s latest 705 BTC acquisition brings its total holdings to 580,955 BTC—a $61.44 billion position at current prices—putting the 600,000 BTC milestone within reach.

Saylor''s characteristic X post featuring the corporate bitcoin tracker has become a reliable precursor to fresh purchases, creating anticipatory market movements. The pattern follows last week''s $75 million buy and precedes a newly announced $1 billion preferred stock offering earmarked for further crypto acquisitions.

The Series A Perpetual Stride Preferred Stock issuance aims to raise $979 million, demonstrating institutional conviction in Bitcoin as a Core treasury asset. While BTC prices remained stable over the weekend, MicroStrategy''s consistent buying spree continues to shape market sentiment around institutional demand.

Europe’s First Bitcoin Treasury Firm Plans $340M BTC Buy

Paris-based Blockchain Group is making a bold move in the cryptocurrency space, announcing plans to raise €300 million (approximately $340 million) to expand its Bitcoin treasury. This positions the firm as a significant player in Europe''s institutional crypto adoption landscape.

The company, which already holds over $154 million in Bitcoin, aims to more than double its holdings. Its fundraising strategy mirrors Wall Street''s At-The-Market (ATM) model, with shares being sold gradually based on market prices and daily trading volumes.

This development signals growing institutional interest in Bitcoin across Europe, even as the U.S. dominates crypto headlines. Blockchain Group''s approach could set a precedent for other European firms looking to enter the digital asset space.

Bitcoin (BTC) Set for Explosive Breakout: Golden Cross Signals 170% Surge Ahead

Bitcoin is testing a diagonal resistance level after rebounding from a key support zone between $99,000 and $100,000, with the latest pivot at $100,400. Market analysts suggest a breakout is imminent, potentially triggering a significant upward movement.

The formation of a Golden Cross—where the 50-day moving average crosses above the 200-day—has reinforced bullish sentiment. This technical pattern, historically a precursor to major rallies, suggests gains of 70% to 170% in the coming months. Doctor Profit, who accurately predicted Bitcoin''s rise to $100,000 three years ago, now forecasts another aggressive climb.

Wednesday''s CPI data release could further influence market dynamics. A lower-than-expected figure may catalyze a rally, while heightened volatility is anticipated in the short term.

Bitcoin Eyes Breakout As Liquidity Builds Around The Critical $109K Level

Bitcoin is approaching a pivotal liquidity zone between $109,000 and $111,000, with analysts suggesting the area acts more as a gravitational pull than a resistance barrier. The recent leverage flush on June 6 has reset market conditions, eliminating overextended positions and setting the stage for a potential upward surge.

Market observers note Bitcoin''s current consolidation phase, often a precursor to significant price movements. Crypto analyst Merlijn The Trader highlights the $109K–$110.9K range as a critical liquidity cluster, predicting a chain reaction of short squeezes and volatility once the zone is tested.

Traders Bet Against Bitcoin Rally as Price Tops $105,000

Bitcoin''s relentless climb past $105,000 has failed to convince Leveraged traders, who are piling into short positions despite the cryptocurrency''s historical tendency to punish consensus bets. Market data reveals a surge in bearish derivatives activity, setting the stage for a potential short squeeze.

On-chain analytics from Alphractal show overwhelming dominance of short positions across leveraged markets. This crowded trade mirrors past instances where excessive one-way speculation triggered violent countertrend rallies. The mechanics are simple: when too many traders bet against the market, forced liquidations fuel upward spikes.

Leveraged traders often act as sentiment indicators rather than fundamental analysts. Their current pessimism contrasts sharply with Bitcoin''s price action, creating what veteran observers recognize as classic contrarian conditions. The market has repeatedly demonstrated its ability to punish mechanical trading strategies that ignore deeper liquidity dynamics.

The Blockchain Group Launches 300M-Euro ATM Share Sale to Boost Bitcoin Treasury

The Blockchain Group (ALTBG), positioning itself as Europe''s first Bitcoin Treasury Company, has initiated a 300 million euro ($342.5 million) share-issuance program. The capital raise, structured as an at-the-market (ATM) offering, is backed by French asset manager TOBAM, a longstanding investor in both Bitcoin and the Paris-listed firm.

TOBAM will have discretion to purchase new shares based on daily market conditions, with pricing set at the higher of the previous day''s close or volume-weighted average. Proceeds are earmarked for Bitcoin acquisitions, advancing the company''s strategy to increase its ''bitcoins per share'' metric. Since November, The Blockchain Group has accumulated 1,471 BTC at an average price of $102,507.

Unlike conventional U.S. ATM programs that rely on brokers, TOBAM acts independently—deciding whether to hold or sell shares without company compensation. At current valuations, full execution could elevate TOBAM''s stake from 3% to a significantly larger share.