From Yahoo Finance: 2025-06-16 10:00:00

Strategy, the largest corporate holder of bitcoin, purchased another $1.05 billion worth of bitcoin, totaling over $42 billion spent on 592,000 bitcoins since August 2020. The stock has risen 3,000% compared to the S&P 500’s 78% gain. Saylor plans to hold BTC indefinitely to promote global adoption.

Shares of Strategy fell 0.4% after the purchase. Other companies are adopting a similar strategy, but GameStop and Trump Media experienced stock drops after announcing large bitcoin purchases. Small companies risk bankruptcy due to bitcoin’s volatile value.

Saylor believes the stock’s volatility benefits investors, creating a “volatility engine” that can be cultivated into a “power plant.” Options traders can collect expensive premiums for volatile stocks. Saylor aims to create a long-lasting crypto reactor.

Read more: Michael Saylor’s Strategy buys another $1.05 billion of bitcoin