Traders were offensively positioned despite Israel-Iran tensions.
Strategy disclosed in a Form 8‑K filed June 16 that it has purchased an additional 10,100 Bitcoin at a cost of approximately $1.05 billion, representing an average acquisition price of about $104,080 per bitcoin. Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved BTC Yield of 19.1% YTD 2025. As of 6/15/2025, we hodl 592,100 $BTC acquired for ~$41.84 billion at ~$70,666 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/BOs3GOaUva — Strategy (@Strategy) June 16, 2025 This latest investment raises Strategy’s total Bitcoin holdings to approximately 592,100 BTC, solidifying its standing as one of the largest corporate Bitcoin holders globally. The firm continues executing on its “buy and hold” strategy, fueled by proceeds from equity and debt financing, rather than using its at‑the‑market programs. Importantly, Strategy did not sell any stock or Bitcoin in the days surrounding the acquisition. Continued Confidence in Bitcoin’s Long-Term Value In the filing, Strategy’s management stresses its unwavering conviction in Bitcoin’s long-term value proposition, although they acknowledge the volatility and risks associated with such a concentrated treasury allocation. The filing explicitly warns that the absence of diversification heightens exposure to Bitcoin’s short-term price fluctuations: “The concentration of our assets in Bitcoin limits our ability to mitigate risk that could otherwise be achieved by holding a more diversified portfolio.” Strategy notes that this strategy “has not been tested over an extended period of time or under different market conditions.” Financing and Risk Factors The 8‑K also discloses that Strategy’s Bitcoin acquisitions are financed primarily through debt and equity, making the company dependent on favorable financing conditions to sustain its accumulation trajectory. Strategy also flags counterparty and custody risks, acknowledging that if custodians were to undergo insolvency, access to stored bitcoin might be impeded. This purchase follows a recent 10-for-1 stock split in August 2024, ensuring that per-share metrics in the Form 8‑K reflect adjusted, post-split figures. With Bitcoin hovering around $104k, Strategy’s entry is striking for its size and continued commitment amid a volatile macroeconomic environment. Michael Saylor Extends Hand to Pakistan’s Crypto Ambition This weekend, Michael Saylor, the executive chairman of Strategy, reportedly met with top Pakistani officials to explore how crypto could help reshape the country’s financial future. The talks, described by officials as a “landmark discussion,” brought Saylor together with Finance Minister Muhammad Aurangzeb and Minister of State for Crypto and Blockchain Bilal Bin Saqib . The agenda focused on how Bitcoin could be used in sovereign reserves and monetary policy. Meanwhile, Pakistan is accelerating efforts to become a digital asset leader in the Global South. “Pakistan aspires to lead the Global South in the development and adoption of digital assets, setting a benchmark for innovation, regulation, and inclusive growth in the digital economy,” said Aurangzeb, who also chairs the Pakistan Crypto Council. The post Michael Saylor’s Strategy Snaps Up $1.05B in Bitcoin – Debt-Fueled Bet or Masterstroke? appeared first on Cryptonews .
Davis Commodities Limited, a Singapore-based agricultural commodity trader listed on Nasdaq (DTCK), has revealed a strategic capital allocation plan involving its recent USD 30 million financing round. According to a
Bitcoin (BTC), which was affected by the tension and geopolitical tension between Israel and Iran and fell to the $100,000 level, continues to recover. At this point, while Bitcoin has climbed above $106,500, there is still some uneasiness in the market about the direction of the price. Speaking to The Block, BTC Markets analyst Rachael Lucas explained her updated Bitcoin analysis. Is the New ATH the Next Stop for Bitcoin? Stating that Bitcoin is extremely sensitive to geopolitical uncertainties, Rachael Lucas said that despite this, BTC recovered quickly. Lucas noted that Bitcoin price is currently being shaped by a combination of three factors: corporate flows, macroeconomic data, and geopolitical risk. The analyst also said that the fear and greed index currently stands at 61, indicating a moderate outlook. The recent recovery against this figure reflects optimistic yet cautious investor sentiment, he said. Finally, the analyst stated that he expects a new ATH and said: “Geopolitical uncertainty often drives Bitcoin down. This was the case in the Israel-Iran case. However, BTC usually recovers quickly as investors use Bitcoin as a geopolitical hedge. At this point, the recent breakout of the $106,406 resistance in Bitcoin shows that the bullish momentum continues, and the next important target will be the all-time high. All or Nothing for Bitcoin and Ethereum! Apart from Rachael Lucas, Kronos Research CIO Vincent Liu also evaluated BTC's recent movements. Liu, who predicted that Bitcoin would make a breakout after the uncertainty and tensions ended, said, “Bitcoin is seeing strong global liquidity and institutional demand, which could pave the way for a breakout once the dust settles in the market.” However, Liu stated that a much more important event awaits us, and said that this is the FED interest rate decision. According to Liu, this meeting could mean “all or nothing” for BTC and Ethereum. *This is not investment advice. Continue Reading: A Critical Week in Bitcoin: How Will the Fed Decision Affect the Price? Is the Next Stop for BTC a New ATH? Analysts Explained!
Trump Media and Technology Group is set to launch a joint Bitcoin and Ethereum ETF under the Truth Social brand, marking a significant expansion in its crypto offerings. The ETF
Avalanche has officially integrated Chaos Labs’ Proof-of-Reserves, bringing on-chain verification to assets powering the layer-1 blockchain platform’s decentralized finance ecosystem. In an announcement on June 16, Chaos Labs said Avalanche ( AVAX ) will leverage the Proof-of-Reserves system to provide transparent verification for bridged assets in the Avalanche DeFi stack. This includes ecosystem top coins for cross-chain liquidity, such as Avalanche Bridged Bitcoin (BTC.b) and bridged Wrapped Ethereum (WETH.e) on Avalanche. Beyond cross-chain liquidity, bridged assets like BTC.b and WETH.e unlock collateral utility. They also enable deeper liquidity for decentralized finance features like trading, lending, and structured products. Chaos Labs’ Proof-of-Reserves adds an on-chain system that allows users to monitor and verify the reserves backing these bridged assets. With Chaos Labs’ Proof-of-Reserves architecture, Avalanche can now track reserve data across canonical bridges and custodial solutions. The on-chain validation of attestations enables public monitoring of the Bitcoin and Ethereum that back the BTC.b and WETH.e supplies. Users can verify whether bridged assets on Avalanche have full reserves on their native chains, Bitcoin on the Bitcoin network and Ethereum on the Ethereum network. Importantly, DeFi users on Avalanche, as well as developers and protocols, no longer have to rely on third-party providers to verify tokenized or collateralized assets. You might also like: Avalanche gains momentum as monthly transactions surge 326% but this chart signals a cold front Chaos Labs is backed by top venture capital firms, including PayPal Ventures, Coinbase, Lightspeed, OpenAI, and Haun Ventures. The platform provides technology for risk management systems, oracles, and artificial intelligence models. Together, these tools and solutions help secure billions of dollars in value across the financial market. In September 2024, the Chaos Labs team unveiled Edge , a decentralized Oracle network protocol targeted at bringing a blockchain solution to financial risk and optimization. Edge is aimed at the future of DeFi. Jupiter and recently Ethena are some of the protocols to integrate Edge. Chaos Labs closed a $55 million Series A funding round in August 2024, led by Haun Ventures. You might also like: JuCoin launches new feature that turns trading losses into computing power
President Trump's company plans to launch a joint Bitcoin and Ethereum ETF under the Truth Social name, following a solo Bitcoin ETF filing.
Onboarding the world to Bitcoin takes a series of firsts
Michael Saylor’s Bitcoin treasury firm Strategy has deepened its commitment to the crypto giant with another major acquisition, this time with a billion-dollar investment. According to a June 15 filing with the U.S. Securities and Exchange Commission, Strategy has snapped up an additional 10,100 Bitcoin ( BTC ). The investment was valued at $1.05 billion, with an average purchase price was $104,080 per coin. The acquisition, which marks one of the firm’s most sizeable in recent weeks, builds on its ongoing streak of purchases and follows its earlier buy of 1,045 BTC for around $110 million on June 9, 2025. You might also like: Strategy introduced a new perpetual called Stride (STRD). Some call it genius, others say it has ‘Ponzi vibes’ Michael Saylor confirmed the acquisition in a post on X, continuing his vocal support of Bitcoin as a long-term treasury reserve asset. Strategy has acquired 10,100 BTC for ~$1.05 billion at ~$104,080 per bitcoin and has achieved BTC Yield of 19.1% YTD 2025. As of 6/15/2025, we hodl 592,100 $BTC acquired for ~$41.84 billion at ~$70,666 per bitcoin. $MSTR $STRK $STRF $STRD https://t.co/n7q77DmqCY — Michael Saylor (@saylor) June 16, 2025 With the latest purchase, Strategy cements its position as the largest corporate holder of Bitcoin, now owning 592,100 BTC acquired for approximately $42 billion. This represents about 2.98% of the total Bitcoin supply, accumulated since the firm launched its acquisition strategy in August 2020. Beyond investments, Saylor has continued his global Bitcoin advocacy, promoting adoption at both institutional and sovereign levels. Most recently, he met with Pakistan’s Finance Minister and State Minister on blockchain and crypto, Muhammad Aurangzeb and Bilal Bin Saqib, to discuss plans to integrate Bitcoin into the country’s sovereign reserve framework. Michael Saylor maintains a strong long-term bullish outlook for Bitcoin, projecting that the asset could grow by 29% annually over the coming years, with the potential to surpass $1 million in value. Read more: Michael Saylor boasts Strategy’s ‘indestructible balance sheet’
Anatoly Yakovenko, the Chief Executive at Solana Labs, has rejected the idea of altcoin teams like Cardano buying and holding Bitcoin for their users. The CEO explained that individuals could and should buy and hold Bitcoin alone. Yakovenko added that altcoin teams should buy low-risk assets like Treasury bills. The CEO of Solana Labs, Anatoly Yakovenko, dismissed the plans of altcoin teams holding Bitcoin for their users. Yakovenko claimed that individuals did not require a team to invest in Bitcoin. The Solana Labs top executive explained that individuals could and should hold Bitcoin for themselves. The CEO recommended that altcoin projects buy and hold enough short-term assets, such as U.S. T-bills, to cover three years of operating expenses. Cardano plans to convert $100 million of ADA into BTC This is so dumb. Projects should keep 18-36 months of post kill list runway in short term tbills but that’s about it. Why would anyone want a team to buy and hold bitcoin for them when they can do it themselves? Why pay for all those coconuts. — toly 🇺🇸 (@aeyakovenko) June 16, 2025 Yakovenko’s comment came after Charles Hoskinson, the co-founder of Cardano, said his firm would consider converting $100 million worth of ADA into BTC and other stable assets. According to Hoskinson, the proposal wouldn’t hurt his firm’s ecosystem. The Cardano co-founder added that the plan would help grow its treasury with time through yield. Hoskinson argued that yields from BTC would help the team buy back more ADA. Hoskinson explained that if the plan succeeded, they would continue the strategy on an annualized basis for 5 to 10 years. The Cardano executive expressed his belief that the strategy had the potential to grow to over a billion dollars. Hoskinson previously said Bitcoin did not have the right to be considered the only sound money blockchain. The Cardano executive recently stated that the firm would not allow the maxi and the Bitcoin ecosystem to take the lead. Hoskinson argued that the biggest threat to BTC’s dominance was and would always be Cardano. The crypto community has weighed in on the matter. Jeff Park of Bitwise Invest stated that subpar altcoins ditching their digital assets to create a Bitcoin treasury was not on his 2025 bingo card. DeFi platform Alva argued that Cardano’s idea of turning $100 million worth of ADA into BTC was a bit risky. Alva, however, claimed that the move could strengthen Cardano’s position in decentralized finance. Cardano joins Polkadot in the BTC strategy race Cardano’s plan to convert some of its ADA into Bitcoin and other stable assets came barely a week after the Polkadot community revealed plans to introduce a crypto reserve. Members of the Polkadot community have suggested the establishment of a BTC reserve for the Polkadot Treasury . The proposal intends to change 500,000 DOT into Threshold BTC (tBTC) in a year with the help of Hydration’s rolling DCA feature. Polkadot has previously explored diversification by introducing stablecoins like USDT and USDC. Polkadot community members said they want the capital to be offered as liquidity to Omnipool so that the funds could be put to use. The community members also suggested an extra 1,000 DOT be reserved for transaction fees. The proposers revealed that Bitcoin was highlighted in the main diversification proposal as an asset that could help reduce volatility and also maintain the value of the Polkadot Treasury. The Polkadot community members proposed tBTC for its decentralization, transparency, and liquidity. The proposal recommends selling a fixed amount of DOT for every trade instead of buying a fixed amount of tBTC. The members agreed that the total number of DOT tokens would first be converted into a yield-bearing collateral token and distributed into the Hydration Borrow functionality. The proposers revealed that the Polkadot Treasury will gain yield on the dormant DOT while also improving the DOT supply available for borrowing. The proposal outlined that portions of 0.005 tBTC will be introduced as liquidity into the Hydration Omnipool following a brief accumulation period. The community anticipates that this approach will contribute to diversifying the Polkadot Treasury’s holdings. KEY Difference Wire helps crypto brands break through and dominate headlines fast