Jakarta, Pintu News – Michael Saylor, co-founder and Executive Chairman of Strategy, has again given a strong signal for further Bitcoin purchases. Through a “Send more Orange” post on the X platform on June 8, 2025, the public suspected that the next Bitcoin accumulation was imminent. If confirmed, this would be the ninth consecutive week that Strategy has bought BTC-confirming its position as the most aggressive institutional player in the crypto space.
Between May 26 and June 1, Strategy has acquired 705 BTC for approximately $75 million (1 USD = IDR 16,258), at an average price of $106,495 per coin.
This brings Strategy’s total BTC holdings to 580,955 BTC, valued at approximately $61.4 billion or IDR 998.6 trillion.
With this position, Strategy recorded an unrealized gain of around $20.6 billion (IDR 334.7 trillion), up 50% from its initial investment according to data from SaylorTracker. Saylor himself hinted that purchases will continue, implying extreme confidence in Bitcoin’s future as a primary store of value.
Also Read: Ripple (XRP) Shakes Dollar’s Dominance in Global Markets, Will XRP Price Rise in the Near Future?
As part of its accumulation plan, Strategy announced the issuance of $1 billion worth of preferred shares. The proceeds from the offering will be used for the purchase of additional Bitcoin and general operational needs of the company.
The shares issued are “10.00% Series A Perpetual Stride Preferred Stock” priced at $85 per share, targeting a total of approximately $979 million after underwriting fees. Unlike previous convertible bonds, these preferred shares offer a 10% non-cumulative dividend, appealing to institutional investors seeking a fixed yield.
The move signals a more structurally conservative funding approach while remaining aggressive in investment direction. With a fixed yield of 10% and no reliance on common stock conversion, the strategy tries to maintain equity stability while expanding exposure to Bitcoin.
However, some analysts question the long-term leverage risk of this model, especially if BTC prices suddenly experience a sharp correction. The key to the Strategy’s success remains the direction of the crypto market in the medium to long term.
With over 580,000 BTC, Strategy is now the largest corporate Bitcoin holder in the world, surpassing even the total BTC stash of the United States and Chinese governments combined. It is more than 12 times the size of the second largest holder, Mara Holdings (a crypto miner).
Many investors now view Strategy shares as an “unofficial ETF” for Bitcoin-a corporate vehicle that represents direct exposure to BTC’s performance.
With a new strategy of preferred shares and consistent buy signals from Michael Saylor, Strategy confirms its commitment as an institutional giant in the Bitcoin market. While this brings tremendous profit potential, investors should still be aware of the structural risks and high dependence on crypto price volatility. In an increasingly volatile market, Strategy’s move mirrors the trend of massive institutionalization of cryptocurrencies.
Also Read: Big Companies Investing in Bitcoin, a Sign of Long-Term Adoption?
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.
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