Strategy Buys 245 More BTC While Bitcoin Price Risk Losing $100K

The legacy Bitcoin reserve firm, Strategy—formerly known as MicroStrategy and led by Bitcoin maxi Michael Saylor—has acquired an additional 245 Bitcoin (BTC) for approximately $26 million at $105,856 per coin.

As per the announcement, the new purchase brings Strategy’s total holding to 592,345 BTC, acquired for approximately $41.87 billion, with each coin costing nearly $70,681.

Strategy has acquired 245 BTC for ~$26.0 million at ~$105,856 per bitcoin and has achieved BTC Yield of 19.2% YTD 2025. As of 6/22/2025, we hodl 592,345 $BTC acquired for ~$41.87 billion at ~$70,681 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/bnE0OC9kEv
— Michael Saylor (@saylor) June 23, 2025

Notably, the acquisition comes as the cryptocurrency market braces for potential volatility, with Bitcoin’s price teetering near the critical $100,000 mark ahead of Monday’s stock market opening in the U.S.

While looking at the TradingView data, the 4-hour chart highlights a bullish reversal forming, with analysts warning that a failure to hold $100,000 could trigger a sharp decline. Moreover, the unusual dump on Sunday evening—attributed to the recent attack from the U.S. on Iran—has driven the overall bearish trend.

Also Read: Bitcoin to Drop Below $95K This Month? Polymarket Sees 38% Chance

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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