Strategy Defies Geopolitical Tensions with $1 Billion Bitcoin Buy
Strategy adds 10,100 BTC to its holdings amid Israel-Iran conflict, signaling strong confidence in Bitcoin.
Despite escalating tensions in the Middle East, Bitcoin-focused firm Strategy has made a bold move, purchasing 10,100 BTC for approximately $1.05 billion. The acquisition reflects continued institutional conviction in the cryptocurrency's long-term value, even as global markets digest the geopolitical fallout.
Formerly known as MicroStrategy, the Virginia-based software firm has become the world's largest corporate holder of Bitcoin. The company announced that it completed the purchase last week at an average price of $104,080 per coin. This strategic buy occurred during a period of market turbulence, when Bitcoin dipped as low as $103,639 following reports of Israeli airstrikes on Iran.
Nevertheless, Bitcoin rebounded, crossing the $107,000 threshold on Monday. According to CoinGecko, it was trading at $107,938 at press time, up 2.3% in the past 24 hours.
With this latest addition, Strategy now holds a staggering 592,100 BTC, representing over $63 billion in digital assets. The average purchase price across all acquisitions stands at $70,666 per Bitcoin, amounting to a total cost of approximately $41.8 billion. That means Strategy now controls about 2.8% of the entire Bitcoin supply.
The purchase was financed through the successful issuance of 10% Series A Perpetual Stride Preferred Stock (STRD). The offering, targeted at long-term investors seeking fixed-income exposure to crypto, raised approximately $979.7 million in net proceeds.
The firm’s aggressive buying strategy underlines a broader trend of growing corporate interest in Bitcoin. Companies like Cantor-backed Twenty One, Trump Media, GameStop, Semler Scientific, and Metaplanet have all begun adopting Strategy’s treasury model—using BTC as a balance-sheet reserve and shareholder value driver.
This move also comes at a time of changing sentiment among U.S. financial elites. Former Treasury Secretary Steven Mnuchin recently reversed course, stating that investing in Bitcoin is now “perfectly fine,” a stark contrast to his previous skepticism.
Strategy’s continued accumulation reinforces its role as a bellwether for institutional Bitcoin adoption. By defying short-term macro shocks and doubling down on its crypto thesis, the firm signals to the market that Bitcoin remains a central pillar of its long-term financial strategy.
