On June 9, 2025, MicroStrategy announced that the company had acquired 1,045 Bitcoin worth approximately $105 million. This transaction is part of MicroStrategy’s long-standing strategy to hold Bitcoin as part of its treasury reserves. The purchase price per Bitcoin was about $105,426.
Background and Significance
Since August 2020, MicroStrategy has systematically acquired Bitcoin as part of its treasury reserves. This strategy has been primarily driven by Michael Saylor, the former CEO and current Chairman of MicroStrategy. Saylor has repeatedly emphasized that Bitcoin represents a long-term asset class that has the potential to maximize value for shareholders.
Market Psychology and Long-Term Perspectives
MicroStrategy’s purchase of Bitcoin has significant implications for market psychology. Such announcements can bolster institutional investors’ confidence in Bitcoin and contribute to a positive perception of the cryptocurrency. In the long term, this could encourage other companies to consider Bitcoin as a part of their treasury strategy.
Current Bitcoin Reserves of MicroStrategy
Following the recent purchase, MicroStrategy now holds a total of approximately 582,000 Bitcoins in its reserves. This underscores the company’s commitment to holding Bitcoin as a long-term asset class and continuing to expand its holdings.
Market Impact
MicroStrategy’s purchase of Bitcoin can also influence the market by reducing the available supply of Bitcoin and potentially increasing its price. This, in turn, could encourage other investors to invest in Bitcoin, leading to further market strengthening.
Conclusion
The acquisition of 1,045 Bitcoins by MicroStrategy is another step in the company’s strategy to hold Bitcoin as a central component of its treasury reserves. This decision reflects Michael Saylor and MicroStrategy’s ongoing confidence in Bitcoin’s long-term prospects and could positively influence market psychology.