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Home » Corporate Bitcoin Boom: Strategy Drops $110M on BTC—A Billion-Dollar Bet

Corporate Bitcoin Boom: Strategy Drops $110M on BTC—A Billion-Dollar Bet

Michael Saylor’s Strategy snaps up another $110 million in bitcoin as corporate treasuries surge.

Abdulraheem Fatimah by Abdulraheem Fatimah
June 9, 2025
in Business, International News
Reading Time: 2 mins read
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Corporate Bitcoin Boom

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Corporate Bitcoin Boom sees Strategy spend $110 million on bitcoin, pushing total holdings past $62 billion.

Corporate Bitcoin Boom is gaining momentum as Strategy, formerly known as MicroStrategy, adds $110 million in bitcoin. The firm acquired 1,045 BTC last week, pushing its total holdings to approximately 582,000 bitcoin—valued at nearly $62.7 billion.

The purchase happened between June 2 and 8, with bitcoin bought at an average price of $105,426 per coin. This marks Strategy’s ninth straight weekly bitcoin acquisition, totaling over $5.1 billion since April.

Although this is one of their smallest purchases of the year, it reflects ongoing trust in bitcoin from executive chairman Michael Saylor. Strategy is funding its bitcoin buys using preferred stock offerings like STRF, STRK, and STRD, which promise quarterly dividends of ten percent.

This bold move mirrors a growing corporate trend. Many non-crypto companies are now adding bitcoin to their balance sheets to drive shareholder value and hedge against inflation.

GameStop, for example, recently purchased $513 million worth of bitcoin. In Japan, hotel developer Metaplanet announced plans to accumulate over $5 billion in bitcoin by 2027.

Experts caution that holding bitcoin on the balance sheet can increase financial risk during market volatility. A major downturn could pressure companies to sell assets under financial stress.

Still, Strategy remains confident. It has one of the largest and most profitable bitcoin portfolios, delivering over 17% gains year-to-date in 2025.

Corporate Bitcoin Boom continues as Strategy’s aggressive strategy sets a new standard. As bitcoin adoption grows, corporate finance is entering a digital frontier—one billion-dollar buy at a time.

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Abdulraheem Fatimah

Abdulraheem Fatimah

Fatimah Abdulraheem is an emerging digital journalist passionate about crafting compelling narratives for today's media landscape. She combines fresh perspectives with journalistic standards to create engaging content that resonates with diverse audiences.

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