Bitcoin Bonanza: Strategy’s $1 Billion Gamble in a War Zone! 💰💣

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So, guess what? Strategy just decided to throw $1 billion at 10,100 Bitcoin like it’s a hot new trend! 💸 At an average price of $104,080 per coin, they must really believe in the power of digital gold—or they just really like roller coasters! 🎢

But hold on to your wallets! Bitcoin took a nosedive from $110,000 on June 9 to a low of $103,550 on June 12, all thanks to Israel playing whack-a-mole with Iranian nuclear sites. Strategy now has a whopping 592,100 BTC, which they bought for about $41.8 billion at an average of $70,666 each. Talk about a shopping spree! 🛒

Rising Bitcoin Holdings

And guess what? This latest buy is just the second time they’ve splurged in June. Reports say they’re now sitting on nearly 600,000 BTC. That’s a treasure chest that would make even Scrooge McDuck jealous! 🦆💰 They’ve spent over $41 billion so far, treating market dips like they’re Black Friday sales. 🛍️

Preferred Stock Offering

Now, let’s talk about their new STRD shares that just hit Nasdaq on June 11. They’re trying to raise $250 million in fresh cash. Apparently, they’re issuing 2.5 million shares of 10% Series A Perpetual Stride Preferred Stock at $100 each. Because who doesn’t want to fund more Bitcoin buys without actually using their own cash? Genius! 🤓

Yield Targets And Progress

According to their data, their year-to-date Bitcoin yield is now at 19.1%. That’s a 2% bump from last Monday’s 1,045 BTC purchase. Quarter-to-date yield is sitting pretty at 7.5%. They’ve even raised their goal from 15% to 25% by December 31, 2025. No pressure, right? Just a little bit of price gain needed over the next year and a half! 😅


Broader Industry Warnings

Meanwhile, Saylor has been busy on X, giving shoutouts to his buddies. He congratulated Metaplanet for hitting 10,000 BTC. He even named CEO Simon Gerovich and director Dylan LeClair. But not everyone is throwing confetti. Matthew Sigel from VanEck warned that big corporate Bitcoin buys could dilute value if a stock is trading near net asset value. Standard Chartered also raised a red flag about volatility risks. Yikes! 🚩

The Road Ahead

Strategy’s buy-the-dip strategy could pay off if Bitcoin decides to climb back above six figures. The preferred stock route gives them some dry powder for more buys. But those 10% dividends on STRD might weigh them down if gains stall. 🐢

Investors are keeping their eyes peeled for yield updates and any wild swings in Bitcoin’s price. For now, Strategy is betting on volatility as a chance to build one of the largest corporate Bitcoin treasuries in history. No big deal, right? 😏

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2025-06-17 09:16