MicroStrategy Acquires 4,980 Bitcoin for $531 Million

MicroStrategy has acquired an additional 4,980 Bitcoin for approximately $531 million, averaging $106,801 per coin. This brings its total holdings to 597,325 BTC, valued at over $64 billion against an investment of about $42.4 billion.

Key details include:

MicroStrategy reported nearly $21.6 billion in unrealized gains as of June 30.
The firm purchased 88,062 BTC worth nearly $10 billion this year and 140,538 BTC in 2024 for $13 billion.
Year-to-date Bitcoin yield stands at almost 20%, with a 7.8% gain in Q2.
MicroStrategy controls almost 3% of all mined Bitcoin.

Recent corporate treasury adopters include Twenty One, Trump Media, GameStop, and Metaplanet, which added 1,005 BTC, totaling 13,350 BTC. The Blockchain Group acquired 60 BTC, increasing its holdings to 1,788 BTC valued at approximately €161.3 million.

On June 28, Gemini launched a tokenized version of MicroStrategy stock for EU investors. Shares have risen nearly 5% recently, trading around $391.

Bitcoin is currently near $108,000, having peaked at $108,798. Traders anticipate potential resistance at $109,000, with approximately $50 million in liquidity at $109,500. A breach above $110,000–$112,300 could lead to a significant price increase.