Strategy don buy 4,980 BTC, dem raise di holdings reach 597,325 BTC
From June 23 to 29, Strategy (wey dem bin dey call MicroStrategy before) buy 4,980 BTC, each one cost about $106,801, na im dem put for SEC 8-K filing. This purchase make Strategy hold total 597,325 BTC – dat be more than 2.8% of the total 21 million BTC supply – at cost basis of $70,982 per BTC, making around $21.6 billion unrealised gain. Na so far 2025 acquisition bring 19.7% year-to-date yield and 7.8% quarterly gain for their Bitcoin portfolio. Dem also notice transfer of 7,383 BTC wey worth $796 million, showing dem don improve custody arrangement. Executive Chairman Michael Saylor talk say dem dey follow multi-decade plan for lof and borrowing strategy. Other companies like Trump Media, GameStop, Semler Scientific and Japan’s Metaplanet still dey increase their Bitcoin exposure. For crypto traders, dis kain steady institutional buying show say dem get strong confidence and e fit support price both short and long term.
Bullish
Di Strategy de dey gather Bitcoin steady steady, plus one big-big wallet transfer for beta custody and Michael Saylor come talk again about e long-term plan, e show say demand from big institutions strong. The big buy and how dem increase the amount of BTC wey dem hold dey support price and make market get confidence. These tori dem dey usually make people feel say price go rise, as the big buyers dey reduce the supply wey dey and e show say dem dey expect price go high. Short term, trading activity fit see upward wahala as investors dey respond to the continous big buys. Long term, how companies dey take Bitcoin and dey borrow against am dey make people hope for better price and market balance.