MicroStrategy Bolsters Bitcoin Treasury with 705 BTC Purchase, Reinforcing Institutional Confidence
In a bold move underscoring unwavering institutional conviction in Bitcoin, MicroStrategy has added 705 BTC to its corporate treasury at an average price of $106,495 per coin. This $75.1 million acquisition brings the company's total holdings to 580,955 BTC—now worth $40.68 billion with an average cost basis of $70,023. The purchase, yielding 16.9% YTD gains, reaffirms CEO Michael Saylor's strategy of treating Bitcoin as a primary treasury reserve asset. As of August 2025, this positions MicroStrategy as one of the largest corporate holders of Bitcoin globally, signaling strong bullish sentiment amid evolving macroeconomic conditions.
Strategy Purchases 705 BTC, Boosts Holdings
Michael Saylor's corporate strategy has added 705 bitcoin to its treasury, spending $75.1 million at an average price of $106,495 per coin. The acquisition pushes the firm's total holdings to 580,955 BTC—a position worth $40.68 billion at an average cost basis of $70,023 per unit. With a 16.9% yield year-to-date, the move underscores institutional conviction in Bitcoin as a treasury asset.
The purchase aligns with Saylor's longstanding advocacy for Bitcoin's scarcity value. MicroStrategy now controls nearly 3% of the total 21 million Bitcoin supply, cementing its position as the largest corporate holder. Market observers note the accumulation strategy persists despite BTC trading 24% below its all-time high.
Strategy Doubles Down on Bitcoin with $75M Purchase Amid Market Dip
Strategy has reinforced its position as the largest corporate holder of Bitcoin, acquiring 705 BTC for $75.1 million last week. The purchase marks its eighth consecutive weekly buy, executed at an average price of $106,495 per coin despite Bitcoin's 4% decline. The firm now holds 580,955 BTC worth over $60 billion, with unrealized gains exceeding $20 billion.
Funding came from the sale of STRK and STRF shares totaling $74 million, demonstrating Strategy's willingness to reallocate capital toward its Bitcoin-centric strategy. The company's year-to-date BTC yield stands at 16.9%, outperforming traditional asset classes.
Market observers note the purchase occurred against a backdrop of global economic uncertainty, with Bitcoin trading below its March 2025 peak. 'This isn't dollar-cost averaging—it's conviction buying,' remarked one analyst, pointing to Strategy's $40.68 billion total investment at an average $70,023 cost basis.
Strategy Expands Bitcoin Holdings to 580,955 BTC, Valued at $60 Billion
Strategy (MSTR) has bolstered its Bitcoin treasury with the acquisition of an additional 705 BTC for approximately $75 million. The purchase, executed at an average price of $106,495 per bitcoin, elevates the company's total holdings to 580,955 BTC—now worth roughly $60 billion at current market prices.
Funding for the latest buy was secured through at-the-market equity offerings, including sales of STRK and STRF perpetual preferred shares totaling $74.6 million. This MOVE reinforces Strategy's position as the world's largest corporate holder of Bitcoin, with an average purchase price now standing at $70,023 per coin.
Pro-Bitcoin Leader Karol Nawrocki Elected Poland’s President, Signaling Potential Crypto Policy Shift
Poland's presidential election has delivered a victory for cryptocurrency advocates, with pro-Bitcoin candidate Karol Nawrocki securing the presidency. The new leader campaigned on promises to foster Poland's crypto industry growth and reduce investment barriers—a platform that's energized digital asset markets.
Nawrocki's election arrives as Poland positions itself to compete in Europe's accelerating cryptocurrency sector. The president-elect faces both Optimism and skepticism from industry observers. While some anticipate regulatory easing could transform Poland into a regional Bitcoin hub, others await concrete policy details on navigating EU frameworks like MiCA.
The administration's approach to digital assets carries significant implications for BTC adoption in Central Europe. Market analysts suggest favorable policies could attract Bitcoin businesses and technical talent, though success hinges on legislative support and balanced EU compliance.
Russia’s Sberbank Launches Bitcoin-Linked Structured Bonds
Sberbank, Russia's largest financial institution, has unveiled a new structured bond product tied to Bitcoin's USD price performance and the dollar-ruble exchange rate. The offering targets qualified investors through over-the-counter channels, enabling exposure to crypto markets without requiring direct digital asset custody.
The ruble-denominated instruments will later expand to the Moscow Exchange, with a Bitcoin futures product launching simultaneously on SberInvestments. This institutional embrace follows Russia's central bank clarifying that licensed entities may offer crypto-linked investment vehicles to accredited market participants.
Bitcoin Mining Profitability Surges in May as Hashrate and Market Cap Climb
Bitcoin mining profitability saw significant improvement in May, driven by a rally in BTC prices and increased network activity. JPMorgan's research highlights a 20% monthly surge in the combined market capitalization of 13 U.S.-listed mining firms, with daily block reward revenue jumping 16% to $51,600 per exahash.
The Bitcoin network's computational power expanded by 25 exahashes to reach 897 EH/s—a metric reflecting both mining competition and network security. Gross profits for miners surged even more dramatically, climbing 36% month-over-month to $27,900 per EH/s.
Performance diverged among major players: IREN led with a 37% gain while Bitfarms lagged with an 8% decline. Notably, over half of tracked mining stocks outperformed Bitcoin itself during the period—a rare occurrence that underscores the sector's leverage to crypto market movements.
