Strategy co-founder Michael Saylor continues to purchase Bitcoin, becoming the largest corporate BTC holder

From CoinTelegraph
June 29, 2025 3:53:00 pm:

Strategy co-founder Michael Saylor announces the company’s 11th straight week of Bitcoin purchases, totaling 245 BTC for $26 million on June 23. This brings their total Bitcoin holdings to 592,345 BTC, valued at over $63.6 billion, making them the largest corporate BTC holder globally.

Saylor’s firm holds more than double the BTC of the top 20 public Bitcoin treasury companies combined. Analysts debate whether Strategy’s rapid accumulation of Bitcoin will cause a supply shock, potentially driving prices higher in the market.

A report from venture capital firm Breed suggests that only a few Bitcoin treasury companies will survive a market downturn. Strategy is likely to weather the storm due to its size, BTC holdings, and past success in bear markets, setting a standard for future treasury companies.

Read more at Cointelegraph: Strategy founder Michael Saylor hints at imminent BTC buy