According to their separate announcements on June 30, the two companies acquired 5,985 BTC, investing approximately $640 million in the process.
This brings its total holdings to 597,325 BTC, now valued at over $64 billion. The average purchase price is $70,982 per Bitcoin, with total acquisition costs amounting to $42.4 billion.
Following this purchase, Strategy is now less than 3,000 BTC away from surpassing the 600,000 BTC mark.
Strategy said it sold 1.3 million MSTR shares last week to fund the purchase, raising approximately $519.5 million. It added that it still has around $18 billion worth of MSTR shares to finance future BTC acquisitions.
Meanwhile, this marks the first time in over three weeks that Strategy used its MSTR equity issuance program to fund Bitcoin purchases.
“This was arguably the most important week Saylor’s ever had to make sure the Bitcoin price stayed elevated…. So naturally, they used the MSTR ATM. Some short-term drop in share price is worth the long-term earnings and guaranteed S&P qualification.”
According to a June 30 statement, the Japan-based Metaplanet is now the fifth-largest public Bitcoin holder following its acquisition of 1,005 BTC for $108 million.
The purchase propelled its total holdings to 13,350 BTC, which were purchased at an average price of $97,832 for a total investment of $1.31 billion.
“Now, we’ve added 10,000 more to reach 13,350 BTC.”
Japan’s Tokyo Stock Exchange has responded to Metaplanet’s growing credibility by announcing the removal of margin trading restrictions on the company’s stock, effective July 1.
Since adopting a Bitcoin-centric treasury strategy in 2024, Metaplanet’s stock has surged by more than 8,000%, showing strong investor support for its aggressive crypto positioning.
