Strategy Buys 1,045 BTC, Blockchain Group Plans $340 Million Raise to Buy Bitcoin

Institutional interest in Bitcoin continues to build as two prominent crypto-focused firms, Strategy and The Blockchain Group, announce major capital commitments to expand their BTC holdings. Trade Crypto on KrakenBitcoin treasury giant Strategy, formerly known as MicroStrategy, disclosed a new purchase of 1,045 BTC between June 2 and June 8, 2025, according to a recent SEC 8-K filing. The acquisition, valued at approximately $110.2 million, was executed at an average price of $105,426 per Bitcoin.Strategy has acquired 1,045 BTC for ~$110.2 million at ~$105,426 per bitcoin and has achieved BTC Yield of 17.1% YTD 2025. As of 6/8/2025, we hodl 582,000 $BTC acquired for ~$40.79 billion at ~$70,086 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/9cpK5vtVwWThis purchase raises Strategy’s total holdings to 582,000 BTC, worth over $62 billion at current prices. The company’s average acquisition price now stands at $70,086 per BTC, resulting in paper gains of around $21 billion. These holdings represent approximately 2.8% of Bitcoin’s fixed 21 million supply.The latest purchase was funded via at-the-market (ATM) sales of the firm’s perpetual preferred stock, more specifically STRK and STRF. Strategy sold 626,639 STRK shares for $66.4 million and 432,679 STRF shares for $45.8 million. Notably, no shares of its common stock (MSTR) were sold during this period.Strategy’s aggressive capital raising is part of its larger “42/42” plan, which aims to raise $84 billion in capital for further Bitcoin acquisitions by 2027. The firm recently expanded its funding options with the launch of STRD, a new perpetual preferred stock offering a 10% non-cumulative annual dividend.Despite investor concerns about the firm’s premium valuation relative to its net asset value (NAV), analysts view Strategy’s financial position as stable, with manageable debt and no repayments due until 2028. The company’s market cap currently sits at $102.4 billion, significantly above its bitcoin NAV.In a parallel development, Paris-based The Blockchain Group announced a €300 million ($342.5 million) ATM-style capital program aimed at expanding its Bitcoin holdings. The initiative, backed by French asset manager TOBAM, represents one of Europe’s largest corporate BTC treasury strategies.🟠 The Blockchain Group Launches a €300 Million “ATM-type” Capital Increases Program with TOBAM⚡️

Full Press Release (EN): https://t.co/DbXXbb6OT8

Full Press Release (FR): https://t.co/XbaTfaOqfn

BTC Strategy (EN): https://t.co/EiVKw8s4zB pic.twitter.com/dZQCIckgK8The program allows TOBAM to request new shares daily at market prices, capped at 21% of the day’s trading volume. The proceeds will be used for incremental BTC purchases over an initial six-month period, with an option to extend.Unlike traditional ATM structures where financial intermediaries resell shares immediately, TOBAM may retain the acquired shares as a long-term shareholder. The Blockchain Group emphasized its commitment to transparency, pledging to provide regular updates on share issuance and BTC acquisitions.This announcement follows a recent $68.7 million BTC purchase, bringing The Blockchain Group’s total holdings to 1,471 BTC — worth roughly $158 million. The initiative mirrors the model pioneered by Strategy and highlights growing institutional alignment around Bitcoin as a strategic reserve asset.The algorithmic Bitcoin price prediction on CoinCodex is forecasting a bullish period ahead for Bitcoin. The model estimates that Bitcoin will initially hit a peak of $140,000, and then surge to $180,000 before September 2025. This peak is expected to be followed by a price correction in which the Bitcoin price would eventually stabilize around the $110,000 level.While this prediction seems quite optimistic, it is quite comparable to predictions made by top analysts. Fundstrat CIO Tom Lee has predicted Bitcoin to surpass $150,000 in 2025 and venture capitalist Tim Draper has set a $250,000 price target for the same time frame.Get Started on eToroeToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk. Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.