Institutional FOMO? Mystery Strategy Drops Another $75M on Bitcoin—8 Straight Weeks of Accumulation

Another week, another nine-figure Bitcoin buy. Someone’s building a war chest—or trying to front-run the next ETF approval.

Who’s behind the relentless accumulation? Hedge fund? Sovereign wealth play? Or just another fund manager chasing performance before bonus season?

One thing’s clear: When the suits start stacking sats week after week, retail’s usually the last to the party. Pro tip: Watch the wallets, not the press releases.

TLDR

• Strategy acquired 705 Bitcoin during the week ending June 1 for approximately $75.1 million.
• The company now holds a total of 580,955 Bitcoin valued at over $60 billion.
• Strategy purchased the Bitcoin at an average price of $106,495 per coin.
• The acquisition was funded by selling STRK and STRF shares for a combined $74 million.
• Bitcoin has declined over 4 percent in the past seven days due to global economic concerns.

Strategy added 705 Bitcoin last week for approximately $75.1 million, pushing its total holdings to 580,955 BTC. The acquisition, completed during the week ending June 1, marks the company’s eighth consecutive weekly purchase. This move strengthens Strategy’s long-term commitment to Bitcoin accumulation and positions it as the largest corporate holder of the asset.

The purchase occurred at an average price of $106,495 per coin, reflecting the firm’s aggressive accumulation strategy despite recent price fluctuations. Strategy now holds bitcoin valued at over $60 billion, with unrealized gains exceeding $20 billion. While Bitcoin recently dipped, Strategy continues expanding its digital asset position without hesitation.

Strategy has acquired 705 BTC for ~$75.1 million at ~$106,495 per bitcoin and has achieved BTC Yield of 16.9% YTD 2025. As of 6/1/2025, we hodl 580,955 $BTC acquired for ~$40.68 billion at ~$70,023 per bitcoin. $MSTR $STRK $STRFhttps://t.co/f1Po1GtrIo

— Strategy (@Strategy) June 2, 2025

To fund the recent purchase, Strategy liquidated various equity holdings between May 26 and June 1. The company sold 353,511 STRK shares, generating roughly $36 million in proceeds. It also sold 374,968 STRF shares for an additional $38 million, ensuring sufficient liquidity for the acquisition.

Strategy Buys Bitcoin as Price Falls

Based on current TradingView market data, Bitcoin has fallen over 4% in the past seven days. The decline followed a recent all-time high of around $112,000, triggered by broader economic concerns. These included stalled U.S.-China trade talks, new U.S. tariff proposals, and significant ETF outflows.

Despite the short-term correction, Strategy completed the purchase ahead of the market’s weekly close. The firm’s calculated entry point aimed to optimize value and accumulate more coins efficiently. The MOVE comes after Strategy hinted at a purchase over the weekend through a social media post.

Bitcoin’s long-term trajectory remains central to Strategy’s treasury plan, as it increases its holdings regardless of short-term price action. The firm’s portfolio continues to expand even while Bitcoin faces temporary bearish sentiment. Strategy has now executed purchases for eight consecutive weeks, showing unwavering buying momentum.

Strategy’s Institutional Model Gains Traction

More companies are adopting Bitcoin as a treasury reserve following Strategy’s model. Over 70 entities now hold Bitcoin on their balance sheets, including TRUMP Media, GameStop, and Tether-backed Twenty One. These firms are aligning with Strategy’s approach despite initial share price reactions.

Trump Media and GameStop shares fell 20% and 17%, respectively, after they disclosed their Bitcoin strategies. However, market analysts attribute these drops to short-term dynamics and broader macroeconomic concerns. Strategy’s long-term focus contrasts with market volatility around new entrants.

Strategy’s stock (MSTR) remains strong, rising over 27% year-to-date, outperforming much of the S&P 500. Although MSTR showed a slight decline in pre-market trading on Monday, its overall performance reflects continued confidence.