From Yahoo Finance: 2025-06-09 18:19:00

President Donald Trump’s media company plans to raise $2.5 billion to buy bitcoin, joining the trend of “bitcoin treasury companies” as the cryptocurrency reaches all-time highs. Companies buy bitcoin for multiple reasons, with some using debt and stock sales as primary strategies. MicroStrategy owns 582,000 bitcoins, more than any other company or nation combined.

MicroStrategy’s stock price has increased over 3000% in five years, exceeding gains in bitcoin and other popular stocks. Founder Michael Saylor has become a leading figure in the bitcoin world. Standard Chartered reports that half of publicly traded bitcoin companies have an average purchase price of $90,000 per bitcoin. Some firms have seen triple-digit stock price increases after announcing plans to hold other cryptocurrencies in their treasuries.



Read more at Yahoo Finance: publicly traded companies buying bunches of bitcoin