Strategy’s Bold Bitcoin Bet: $745M Purchase Amid Legal Challenges

In a bold move underscoring its unwavering commitment to Bitcoin, Michael Saylor's rebranded firm Strategy (formerly MicroStrategy) has acquired an additional 7,390 BTC for $745 million between May 12-18, 2025. This latest purchase—executed at an average price of $103,498 per Bitcoin—expands Strategy's treasury to a staggering 576,230 BTC, representing 2.74% of Bitcoin's circulating supply. The company's total investment now stands at $40.8 billion with an average cost basis of $69,726 per BTC. Despite facing undisclosed legal challenges, Strategy continues to double down on its Bitcoin-centric strategy, reinforcing its position as the largest corporate holder of the cryptocurrency. This acquisition comes at a time when institutional interest in Bitcoin remains strong, with many viewing it as a hedge against inflation and macroeconomic uncertainty. As of June 2025, Strategy's massive holdings—equivalent to nearly 3% of all Bitcoin in existence—demonstrate the firm's long-term bullish outlook on the digital asset's value proposition.

MicroStrategy's Successor 'Strategy' Acquires $745M in Bitcoin Amid Legal Challenges

Michael Saylor's rebranded firm Strategy, formerly MicroStrategy, has bolstered its bitcoin holdings with a $745 million purchase. The company added 7,390 BTC between May 12-18, 2025, at an average price of $103,498 per coin. This brings Strategy's total treasury to 576,230 BTC—representing 2.74% of circulating supply—acquired for $40.8 billion at a $69,726 average cost basis.

Despite facing an undisclosed lawsuit related to its Bitcoin strategy, the company continues to double down on its crypto conviction. Saylor's recent X post—"We hodl 576,230 $BTC"—underscores the unwavering commitment. Strategy reports a 16.3% Bitcoin yield year-to-date, outperforming traditional asset classes.

Federal Reserve Rate Cuts Spur Interest in Cloud Mining as Alternative Investment

The Federal Reserve's projected rate cuts—from 4.25%-4.50% to 3.50%-3.75% by 2025—are reshaping investment strategies. Traditional savings and bonds now offer diminished returns, pushing investors toward alternative assets like cloud mining. This method, which leases remote data center computing power, eliminates the need for physical mining equipment while capitalizing on Bitcoin's price surge.

Cloud mining platforms are gaining traction as low-risk, high-reward vehicles. Among the top contenders for 2025 is ALL4 Mining, which leverages AI-driven ROI optimization. The trend reflects a broader pivot to decentralized finance tools amid macroeconomic shifts.

JPMorgan Permits Bitcoin Purchases Without Custody, Dimon Maintains Skepticism

JPMorgan Chase will allow its clients to buy Bitcoin but will not provide custody services for the cryptocurrency, CEO Jamie Dimon announced on May 19, 2025. The decision reflects growing institutional demand for digital assets, even as Dimon reiterated his personal doubts about Bitcoin's long-term value.

Speaking at an investor day, Dimon emphasized that while the bank facilitates access to Bitcoin, it will not hold the asset on behalf of clients. The CEO has historically criticized Bitcoin, calling it a "pet rock" and expressing concerns about its potential use in illicit activities.

Despite Dimon's skepticism, JPMorgan continues to engage with the crypto market. The bank already offers Bitcoin exposure to wealth management clients and serves as an authorized participant in Bitcoin-related financial products.

Méliuz Chairman Compares Bitcoin to Nuclear Reactor on Balance Sheet

Brazilian fintech firm Méliuz has formally transitioned into the country's first Bitcoin treasury company, with Chairman Israel Salmen likening the cryptocurrency to a "nuclear reactor" on its balance sheet. The strategic shift received overwhelming shareholder approval, marking a significant pivot in corporate strategy.

During a conference call highlighted by VanEck's Matthew Sigel, Salmen emphasized Bitcoin's growing institutional acceptance. The company now views BTC accumulation per share as a Core long-term metric rather than a mere hedge against volatility.

The MOVE follows a notable surge in CASH3BZ stock performance, with Salmen noting Bitcoin's expanding support base among both institutional and retail investors. This treasury strategy positions Méliuz alongside microstrategy-like adopters in the corporate Bitcoin ecosystem.

Bitcoin Retreats as Moody's U.S. Credit Downgrade Shakes Investor Sentiment

Bitcoin declined 1.29% to $102,200 after Moody's Ratings cut the U.S. sovereign credit rating from Aaa to Aa1, marking its first downgrade since 1919. The move followed Bitcoin's four-month peak of $107,060, with the crypto erasing weekly gains amid broader risk-off sentiment.

The downgrade reflects growing fiscal pressures from America's $36 trillion national debt. Market reaction was immediate—Bitcoin's pullback coincided precisely with Moody's announcement, demonstrating crypto's increasing sensitivity to traditional financial indicators.

Investors Sue MicroStrategy Over Bitcoin Disclosure Practices

Pomerantz LLP has initiated a class action lawsuit against MicroStrategy and its executives, alleging violations of federal securities laws related to the company's Bitcoin investments. The complaint, filed in the Eastern District of Virginia, covers investors who purchased Strategy stock between April 2024 and April 2025.

The lawsuit claims MicroStrategy failed to properly disclose accounting changes tied to its Bitcoin holdings—a material omission under Sections 10(b) and 20(a) of the Securities Exchange Act. The firm's aggressive BTC accumulation strategy, now facing legal scrutiny, had previously been celebrated as a corporate treasury innovation.