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War Worries, Bitcoin Gains: Strategy Adds $1 Billion To Treasury

  • Strategy added 10,100 Bitcoin to its holdings last week for $1 billion, averaging $104,080 per coin.
  • Bitcoin's price dropped from $110,000 to $103,550 after news of Israel striking Iranian nuclear sites.
  • Strategy now holds 592,100 BTC purchased for about $41.8 billion at an average cost of $70,666 each.
  • Their latest purchase brings total Bitcoin holdings to nearly 600,000 BTC, acquired at dips to increase their stash.
  • They released new STRD shares to raise $250 million for more Bitcoin investments without using cash reserves.
  • Strategy's year-to-date Bitcoin yield is now at 19.1%, aiming to reach 25% by December 31, 2025.
  • Michael Saylor praised peers' Bitcoin acquisitions, while warnings surfaced about corporate Bitcoin buys diluting value.
  • Strategy's buy-the-dip strategy could pay off if Bitcoin maintains six-figure prices, using 10% dividends from STRD for more purchases.
  • Investors are monitoring Strategy's yield updates and Bitcoin price swings as they aim to build a significant corporate Bitcoin treasury.

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