Michael Saylor’s Strategy Snaps Up 245 Bitcoin for $26 Million as Geopolitical Tensions Lift BTC 3.5%

Posted on

Author

Julia Smith

Author

Julia Smith

About Author

Julia is an experienced editor with a passion for covering a wide variety of beats. She loves all things politics and regularly covers regulatory updates on emerging technology here for Crypto News.

Last updated: 

Why Trust Cryptonews

Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas – from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews

Michael Saylor’s Strategy continued its acquisition of Bitcoin (BTC) on Monday by purchasing $26 million worth of the cryptocurrency, according to a new filing by the company with the United States Securities and Exchange Commission (SEC).

Michael Saylor’s Strategy Purchases Millions in Latest Bitcoin Buy

According to the June 23 filing, Strategy announced its acquisition of 245 Bitcoin for $26 million, with an average purchase price of $105,856 per Bitcoin.

According to a Monday morning X post from Saylor, Strategy’s buy-up of the cryptocurrency has achieved a BTC yield of 19.2% year-to-date.

“As of 6/22/2025, we hodl 592,345 $BTC acquired for ~$41.87 billion at ~$70,681 per bitcoin,” Saylor said.

Iran, U.S. Tensions Heat Up

News of Strategy’s latest Bitcoin purchase comes as the cryptocurrency rose over 3.5% on Monday after the United States led a series of airstrikes on Iran’s nuclear program over the weekend in an attack known as Operation Midnight Hammer.

“Iran’s key nuclear enrichment facilities have been totally and completely obliterated,” U.S. President Donald Trump said while addressing the nation on Saturday night.

“Iran, the bully of the Middle East, must now make peace,” Trump said. “If they do not, future attacks will be far greater and a lot easier.”

Bitcoin dipped below the psychologically important $100,000 mark on June 22 as crypto markets responded to the escalation in tension centered around Iran and Israel’s longstanding conflict.

“This is NOT a market that is pricing in a long-term conflict,” The Kobeissi Letter said late Sunday, referring to the market’s perception of the dispute as a “short-lived war.”

On Monday afternoon, Iran confirmed that it had launched a series of missile strikes against Al-Udeid, an American military base in Qatar.

A Kremlin spokesperson told Russia’s state-run media on Monday that it was ready to help Iran amid the conflict’s dramatic escalation.

However, how crypto markets will react to increasing global volatility is still unclear

Related Posts