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Strategy Buys 245 BTC for $26M Amid Geopolitical-Driven Market Dip

Strategy acquired 245 BTC for $26 million during a geopolitical-driven market dip.
Total BTC holdings now stand at 592,345, worth $41.87 billion at a $70,681 average cost.
Michael Saylor’s Strategy disclosed the purchase of 245 BTC in a U.S. SEC filing on June 23, bought at an average price of $105,856.
Despite market volatility, Strategy continues its accumulation strategy, acquiring Bitcoin even as prices retreat.
The acquisition, funded through an equity offering program, came as Bitcoin dipped from $108,900 to near $99,000.
Strategy sold preferred shares to raise $17 million and issued new shares for $8.7 million, financing the $26 million BTC purchase.
The move maintained Strategy’s year-to-date BTC yield at 19.2%, inching closer to its revised YTD target of 25% by 2025.
While observers questioned the scale of the purchase, Saylor’s strategy remains consistent in accumulating BTC regardless of short-term price fluctuations.
Saylor believes Bitcoin is a long-term store of value, affirming a bold forecast of $21 million per BTC within 21 years.
Bitcoin prices saw a slight recovery after hitting weekend lows, with BTC currently trading near $101,654, a 0.71% increase in 24 hours.

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Livebitcoinnews

254

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Saylor Signals Bitcoin Move Amid Strategy Lawsuit Over Losses

Strategy purchased 245 BTC for $26 million, increasing its total holdings to 592,345 BTC valued at $41.9 billion with a YTD yield of 19.2%.
Michael Saylor confirms the company's long-term Bitcoin investment strategy, aiming at marketing volatility based on geopolitical tensions.
The average purchase price per BTC was $70,681, with the recent acquisition made at an average of $105,856 per BTC during a price decrease.
Strategy raised its yield goal for 2025 to 25% due to optimism in Bitcoin's growth potential.
Saylor emphasizes disciplined accumulation goals and believes Bitcoin has the potential to reach $21 million in 21 years.
Strategy faces a $5.9 billion lawsuit over losses tied to its Bitcoin strategy, criticized for assuming excessive risk in Bitcoin investments.
The lawsuit challenges Strategy's accounting practices and reporting in relation to its Bitcoin holdings.
Despite the legal challenges, Strategy remains committed to its Bitcoin investments to tackle market concerns.
Saylor reinforces Bitcoin's importance as a key asset for the company, forming a significant part of its balance sheet.
Bitcoin risks are highlighted as prices fluctuate, dropping below $99,000, but Strategy's strategic buying and yield performance indicate a resilient market approach.
Investors and crypto enthusiasts closely monitor Strategy's activities amid the lawsuit and market dynamics.

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Forbes

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How To Book An Epic Trip With The Chase Sapphire Reserve

The author shares insights on booking a luxurious trip using the Chase Sapphire Reserve credit card.
The card offers generous rewards like 100,000 bonus points and multipliers on travel and dining expenses.
A 10-day European vacation itinerary is detailed, including flights using points, hotel stays, and activities.
The author highlights using airline points for business class flights, transferring points to lock in award flights, and enjoying airport lounge access.
Utilizing hotel points for stays at Hyatt properties and receiving VIP treatment through The Edit by Chase Travel.
Maximizing the Chase Sapphire Reserve benefits like annual travel credit and statement credits for luxury hotel bookings.
Custom travel planning assistance through Reserve Travel Advisors service and earning rewards on Chase Travel tours.
The card offers no foreign transaction fees, wide Visa acceptance, and robust travel protections for peace of mind.

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Coinjournal

144

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Strategy makes modest Bitcoin purchase amid ongoing accumulation

Strategy, the digital-asset treasury firm, purchased 245 Bitcoins for $26 million between June 16-22, one of its smallest weekly acquisitions since ramping up buying under Michael Saylor's leadership.
The company has now gone four weeks without selling common stock to fund Bitcoin purchases, using proceeds from preferred shares instead.
Strategy's stock has surged over 3,000% since 2020, outperforming Bitcoin's 1,000% rise over the same period.
The latest acquisition saw Strategy acquiring 245 Bitcoins at an average price of $105,856 each.
The company now holds approximately $60 billion worth of Bitcoin.
The firm's executive Chairman, Michael Saylor, confirmed the purchase, revealing Strategy now holds 592,345 bitcoins acquired at an average price of $70,681 per bitcoin.
Strategy has funded its Bitcoin purchases for the fourth consecutive week without selling common stock, using proceeds from the sale of preferred stock.
Since starting its Bitcoin purchasing program in mid-2020, Strategy's shares have surged over 3,000%.
Critics have raised concerns about the high premium at which Strategy's shares trade relative to the value of its Bitcoin holdings.
Despite increasing volatility in cryptocurrency markets, Strategy continues its aggressive capital deployment into digital assets, under Saylor's leadership.

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Bitcoinmagazine

192

Strategy Buys $26 Million Worth Of Bitcoin

Strategy continues its steady Bitcoin accumulation strategy by purchasing an additional 245 Bitcoin for $26 million.
The company now holds a total of 592,345 BTC with an average price of $70,681 per coin.
The purchase was made through an at-the-market equity offering program, selling preferred stock to fund the acquisition.
Despite recent market volatility due to geopolitical tensions, Strategy maintains its consistent Bitcoin accumulation approach.
Bitcoin recovered from weekend lows following U.S. airstrikes on Iranian nuclear facilities.
Strategy reports a Bitcoin yield of 19.2% year-to-date, nearing its 25% target for 2025.
This marks Strategy's tenth consecutive week of Bitcoin purchases, demonstrating its long-term commitment to digital asset accumulation.
Strategy's shares were down 1.55% in premarket trading, with Bitcoin trading at $101,654.

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HRKatha

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IndiGo employee files FIR; alleges caste-based abuse by seniors

A Bengaluru-based IndiGo employee filed a police complaint alleging caste-based harassment by three senior colleagues in Gurugram.
The case has been registered as an FIR at DLF Phase 1 police station in Gurugram, raising concerns about workplace discrimination.
IndiGo denied the allegations and expressed commitment to a zero-tolerance policy against discrimination.
The employee claimed to have faced discriminatory remarks and biased treatment multiple times, including offensive comments during a meeting.
He belongs to the Scheduled Caste Adi Dravida community and highlighted receiving warning letters, pay cuts, and unjust treatment.
His grievances to the company's ethics committee and CEO reportedly went unanswered.
The case was initially a zero FIR in Bengaluru and later transferred to Gurugram for investigation.
Investigations are ongoing, and appropriate legal action will follow.
This incident amid rising employer insensitivity cases may prompt discussions on workplace inclusivity and anti-discrimination practices.

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Forbes

254

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Chase Launches The Sapphire Reserve For Business: The Ultimate Business Card?

Chase introduces the Sapphire Reserve for Business, a premium business card with generous rewards and benefits.
New cardholders can earn 200,000 bonus points after spending $30,000 in the first six months.
The annual fee for the Sapphire Reserve for Business is $795, but the numerous benefits provided may offset this cost.
Cardholders spending $120,000 or more annually receive additional benefits for the following year.
The card offers travel and purchase protections, along with cellphone insurance protection.
Cardholders earn rewards on purchases, and points can be redeemed for cash back, transfers to airlines and hotels, or for Chase Travel bookings.
A Points Boost feature allows cardholders to receive up to a 100% bonus on points, improving the value of the rewards.
Excellent credit is likely required for approval, possibly a FICO Score of 800 or higher.
Customers can hold multiple Sapphire cards simultaneously, and adding a no-annual-fee Chase card may be beneficial.
The Sapphire Reserve for Business has the highest annual fee compared to its competitors, but offers various benefits to justify the cost.
The 200,000-point welcome bonus is the highest ever on a Chase card, making this business card an attractive option for those considering premium cards.

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Forbes

166

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Chase Sapphire Reserve Card Gets Big, Bold And Broad Changes

The Chase Sapphire Reserve card is undergoing significant changes including a higher annual fee, revised rewards structure, and new credits.
New cardholders can earn 100,000 bonus points and a $500 travel credit after meeting spending requirements.
The annual fee for the card is increasing from $550 to $795, with the authorized user fee also rising to $195.
Existing cardholders will have the option to enjoy new benefits starting on October 26, 2025.
The earn rates on the card will change, with new 'Points Boost' offers on select flights and hotels through Chase Travel.
Points earned before October 26, 2025, can still be redeemed at 1.5X on Chase Travel until October 26, 2027.
New credits are being added to the Sapphire Reserve card for added potential value for travelers.
The card will feature a new look with a heavier metal composite and redesigned artwork.
Overall, the changes to the card offer increased benefits for active travelers, though the loss of certain rewards on travel purchases may be a downside.
The updated card provides various credits that can help offset the higher annual fee, making it appealing for frequent travelers.

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HRKatha

16.2k

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Intel overhauls marketing operations with AI and Accenture partnership

Intel is restructuring its marketing division by outsourcing a significant portion to Accenture and AI platforms.
CEO Lip-Bu Tan's strategy focuses on cost reduction, efficiency, and digital transformation.
Employees in the marketing team began receiving notifications this week, with many roles expected to be phased out.
Accenture will lead Intel's marketing operations with AI tools for better responsiveness and customer engagement.
The restructuring aims to streamline processes and build a faster go-to-market strategy.
Some impacted employees may be retained temporarily to assist in the transition.
CEO Lip-Bu Tan has been implementing various reforms in Intel since assuming the role in March 2025.
Reforms include potential layoffs of up to 20% in manufacturing.
Intel is under pressure due to falling revenues and missed opportunities in the AI chip sector.
The outsourcing move indicates Intel's reliance on external partners and automation for growth.
Changes are tied to internal concerns about delays and complicated processes.
The company aims to adapt its strategy to meet evolving customer expectations.
Final updates for employees are expected by 11 July.
Intel is focusing on speed and adaptability in its go-to-market approach.
This news discusses the partnership between Intel, Accenture, and AI in marketing operations.

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Bitcoinist

433

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Strategy’s Michael Saylor Shrugs Off Lawsuit, Signals Next Bitcoin Acquisition

MicroStrategy's CEO Michael Saylor hinted at acquiring more Bitcoin despite facing a lawsuit.
The company currently holds over 592,000 BTC worth nearly $60 billion.
Saylor's tweets have previously influenced buying activity in Bitcoin.
Traders and investors closely monitor Saylor's social media posts for potential investment moves.
A lawsuit was filed accusing Saylor and other executives of misleading investors regarding an accounting change.
Strategy faced a $5.9 billion unrealized loss on Bitcoin due to a new accounting rule.
Executives sold around $32 million in stock before the loss was disclosed, raising concerns about potential insider trading.
Despite the setback, Strategy's stock has rebounded significantly, reflecting confidence in Saylor's long-term strategy.

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Forbes

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Enterprise Data Management (EDM): Everything You Need To Know

Enterprise data management (EDM) governs data accuracy, accessibility, and security, turning data into a valuable business asset that informs decisions and shapes customer experiences.
EDM supports day-to-day operations and strategic goals by ensuring accurate, accessible, and secure data handling.
EDM transforms fragmented data environments into structured systems, aiding in categorization, quality-checks, and appropriate data accessibility.
Recent studies show companies using data lakes and AI technologies experience stronger results and better decision-making capabilities.
EDM helps organizations maintain consistency in data collection, storage, and usage, reducing discrepancies and improving trustworthiness.
EDM combined with AI technologies enables faster pattern interpretation, aiding in decision-making processes.
Effective EDM ensures data is stored in the right place, updated regularly, and utilized efficiently to enhance business operations.
EDM sets clear standards for data handling, promoting compliance, reducing duplication, and enhancing overall business performance.
Data security is crucial in EDM to prevent breaches, with training and protocols playing a significant role in reducing exposure.
EDM aids in integrating different systems, ensuring seamless data transfer and communication between tools for enhanced efficiency.

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Forbes

289

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Best Chase Credit Cards Of 2025

Chase offers a variety of credit cards, making choosing the best one challenging.
Chase credit cards cater to different needs like travel rewards, balance transfer, or airline cards.
Forbes Advisor created a list of the best Chase credit cards by comparing different types of cards.
The list includes cards for travel, balance transfers, and airline rewards.
Forbes Advisor's credit card editors provide unbiased ratings and information.
Advertisers cannot influence the ratings provided by Forbes Advisor.
Data-driven methodologies are used to evaluate financial products on an equal basis.
Forbes Advisor's editorial team is unbiased and has over 65 years of industry experience.

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Forbes

385

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Mortgage Refinance Rates Today: June 23, 2025 – No Movement On Rates

30-year fixed refinance mortgage rates remained unchanged at 6.85% today. The 15-year mortgage refinance rate is 5.77%, and the 20-year rate is 6.67%.
The APR for a 30-year fixed refinance is currently 6.88%, up from 6.84% last week.
For a $100,000 loan with a 30-year fixed refinance, the monthly cost is $655 in principal and interest at 6.85% interest rate, totaling $136,567 in interest over the loan term.
The 20-year fixed mortgage refinance rate stands at 6.65%, with a monthly cost of $756 for a $100,000 loan.
The average rate for a 15-year fixed refinance mortgage is 5.77%, with an APR of 5.81%. The monthly cost for a $100,000 loan is $831.
30-year fixed-rate jumbo mortgage refinance rate is 7.08%, costing $671 per month for a $100,000 borrowed amount.
A 15-year fixed-rate jumbo mortgage refinance is at 6.44%, costing $868 per month for a $100,000 borrowed amount.
Refinancing a mortgage requires paperwork, home appraisal, and closing costs of 2% to 6% of the loan amount.
It’s crucial to compare current and new interest rates and terms when considering refinancing to estimate savings and monthly payments.
Closing costs associated with refinancing should be weighed against potential savings to determine if refinancing is beneficial in the long run.

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Forbes

324

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Mortgage Rates Today: June 23, 2025 – Rates Hold Steady

Today's mortgage rates show a 6.77% interest rate on a 30-year fixed mortgage, 5.77% on a 15-year, and 7.01% on a 30-year jumbo mortgage.
A 30-year mortgage rate of 6.77% means $650 monthly payments and $134,717 total interest for a $100,000 loan.
The APR for a 30-year fixed mortgage is 6.8%, and for a 15-year mortgage, it's 5.82%.
At a 5.77% rate, a 15-year mortgage incurs around $832 monthly payments and $50,149 total interest.
Borrowers with a 30-year jumbo mortgage at 7.01% would pay $666 per month and $140,162 in total interest per $100,000 borrowed.
Mortgage rates rose after falling in spring 2024, despite some Federal Reserve rate cuts.
Experts predict no significant rate drops soon, with rates influenced by economic factors and Federal Reserve decisions.
Factors impacting rates include U.S. Treasury bond yields, inflation, and global events.
To get better rates, maintain good credit, low DTI ratios, and explore loan programs meticulously to avoid unnecessary charges.
Comparing rates from various lenders and understanding loan programs like FHA, VA, and conventional loans can help borrowers find the best rates.

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Forbes

210

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High-Yield Savings Account Rates Today: June 23, 2025 – Rates Are Steady

Savings account rates remain unchanged compared to last week, with the highest rate at 5.84% for a $2,500 minimum deposit.
Online banks and credit unions offer rates 10 times higher than traditional financial institutions for savings accounts.
Average APY for traditional savings accounts is 0.22%, showing the actual return with compound interest.
High-yield savings accounts provide substantially higher interest but may require certain conditions to earn such rates.
The best interest rate for high-yield accounts with a $10,000 minimum deposit is 4.88%.
The average APY for these accounts is 0.23%, consistent with last week's data.
For high-yield accounts with a $25,000 minimum, the highest rate available today is 3.94%.
The average APY for the $25,000 minimum deposit accounts stands at 0.24%.
Historically, savings rates were highest in the early 1980s, peaking at over 19% due to high inflation.
The average rates for personal use savings accounts are calculated by Curinos, excluding certain specialized account types.

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