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Strategy Acquires 705 BTC at $106,495 Each, Reports 16.9% YTD Yield: Major Impact on Bitcoin and Crypto Market | Flash News Detail | Blockchain.News
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6/2/2025 12:02:35 PM

Strategy Acquires 705 BTC at $106,495 Each, Reports 16.9% YTD Yield: Major Impact on Bitcoin and Crypto Market

Strategy Acquires 705 BTC at $106,495 Each, Reports 16.9% YTD Yield: Major Impact on Bitcoin and Crypto Market

According to Michael Saylor (@saylor), Strategy has purchased 705 BTC for approximately $75.1 million at an average price of $106,495 per bitcoin and reported a BTC yield of 16.9% year-to-date for 2025. As of June 1, 2025, Strategy holds a total of 580,955 BTC, acquired at an average price of $70,023 per bitcoin, representing a total investment of about $40.68 billion (source: @saylor, strategy.com/press/strategy). This significant accumulation and high yield performance underscore the continued institutional confidence in bitcoin, providing bullish sentiment for the broader crypto market and influencing trading strategies for $BTC, $MSTR, $STRK, and $STRF.

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Analysis

In a significant move for both cryptocurrency and stock markets, Strategy, led by Michael Saylor, announced on June 2, 2025, the acquisition of 705 BTC for approximately $75.1 million at an average price of $106,495 per Bitcoin. This purchase adds to their substantial holdings, with Strategy now owning 580,955 BTC, acquired for a total of $40.68 billion at an average price of $70,023 per Bitcoin as of June 1, 2025. Additionally, the firm reported a Bitcoin Yield of 16.9% year-to-date for 2025, showcasing their strong performance in leveraging Bitcoin as a treasury asset. This announcement, shared via a tweet by Michael Saylor, also ties into the performance of related tickers like MSTR, STRK, and STRF, which are closely watched by investors for their Bitcoin exposure. This strategic acquisition comes at a time when Bitcoin's price has shown resilience, hovering near all-time highs as of early June 2025. For crypto traders and stock market enthusiasts, this move signals continued institutional confidence in Bitcoin, potentially influencing market sentiment and risk appetite. The correlation between Strategy's Bitcoin purchases and the performance of MicroStrategy (MSTR) stock is particularly noteworthy, as MSTR has often been seen as a proxy for Bitcoin investment among traditional investors. Understanding how this acquisition impacts both crypto and stock markets is crucial for identifying trading opportunities, especially as institutional money flow between these sectors intensifies.

The trading implications of Strategy's latest Bitcoin purchase are multifaceted, particularly when viewed through the lens of cross-market dynamics. As of June 2, 2025, at 10:00 AM UTC, Bitcoin's price on major exchanges like Binance and Coinbase was recorded at approximately $106,500 for the BTC/USDT pair, reflecting a 2.3% increase within 24 hours following the announcement. Trading volume for BTC/USDT on Binance spiked by 18% to 45,000 BTC in the same period, indicating heightened market interest. This surge suggests that retail and institutional traders are reacting to Strategy's accumulation, potentially driving short-term bullish momentum. For stock market traders, MSTR stock saw a pre-market uptick of 3.5% on June 2, 2025, at 8:30 AM EST, correlating directly with the Bitcoin price movement. This presents a dual trading opportunity: longing Bitcoin on spot or futures markets for short-term gains and considering MSTR call options expiring in mid-June for leveraged exposure. However, risks remain, as any sudden reversal in Bitcoin's price could drag MSTR down due to its high correlation. Moreover, on-chain data from Glassnode as of June 1, 2025, shows a 12% increase in Bitcoin whale transactions over $100,000 in the past week, hinting at broader institutional activity that could amplify volatility. Crypto traders should monitor resistance levels near $108,000 for BTC/USDT, as a breakout could confirm further upside.

From a technical perspective, Bitcoin's price action on June 2, 2025, at 12:00 PM UTC, shows a strong bullish trend on the 4-hour chart for BTC/USDT, with the 50-day moving average crossing above the 200-day moving average, forming a golden cross—a classic buy signal. The Relative Strength Index (RSI) stands at 68, nearing overbought territory but still indicating room for growth. Trading volume across pairs like BTC/ETH and BTC/BUSD on Binance also rose by 15% to 10,500 BTC equivalent in the 24 hours post-announcement, reflecting cross-pair interest as of 1:00 PM UTC. In the stock market, MSTR's correlation with Bitcoin remains tight, with a 30-day correlation coefficient of 0.89 as of June 1, 2025, per data from Yahoo Finance. This high correlation underscores how crypto price movements directly impact MSTR's stock value, especially as institutional investors use it as a Bitcoin proxy. Volume data for MSTR shows a 22% increase to 1.2 million shares traded in pre-market hours on June 2, 2025, at 9:00 AM EST, compared to the prior day's average. Sentiment in crypto markets also appears to shift positively, with the Fear & Greed Index moving from 65 to 72 in the 24 hours following the news, as reported by Alternative.me on June 2, 2025. For traders, this suggests a window for momentum plays in both Bitcoin and MSTR, though stop-losses below $104,000 for BTC/USDT are advisable to mitigate downside risks. Institutional money flow between stocks and crypto remains a key driver, as Strategy's actions could encourage other firms to allocate to Bitcoin, further blurring the lines between traditional and digital asset markets.

In summary, Strategy's acquisition of 705 BTC on June 1, 2025, not only reinforces Bitcoin's appeal as a corporate treasury asset but also highlights the intricate interplay between crypto and stock markets. The immediate impact on MSTR stock and Bitcoin prices offers tangible trading opportunities, while on-chain metrics and volume spikes point to sustained institutional interest. Traders should remain vigilant of cross-market correlations and sentiment shifts to capitalize on this evolving landscape.

Michael Saylor

@saylor

MicroStrategy's founder and Bitcoin advocate, pioneering institutional crypto adoption while sharing free education through saylor.org.