Enea prelim 20 EBITDA 1.45B zloty, est. 1.29B zloty

Enea prelim 20 EBITDA 1.45B zloty, est. 1.29B zloty

July 2, 2025 - Strategy, a leading cryptocurrency investment firm, has significantly increased its Bitcoin holdings, raising its total to 632,457 BTC, which represents over 3% of Bitcoin's total supply. The company acquired an additional 3,081 BTC for $356.9 million, marking its fourth consecutive weekly purchase [1].

The average acquisition cost per Bitcoin was $115,829, pushing Strategy's total Bitcoin investment to approximately $46.5 billion. This latest acquisition has bolstered the company's Bitcoin holdings, which now stand at just over 3% of the capped supply of 21 million BTC [1].

However, the news of this significant purchase has not been well-received by the market. Strategy's MSTR stock dropped by over 4% in the current trading session, trading near $343. This decline has weakened the stock's year-to-date performance, which was previously around 19% [1].

The company used proceeds from MSTR stock sales to fund this latest Bitcoin purchase, a move that comes after it stated it would avoid using stock to buy Bitcoin unless the market-based net asset value (mNAV) exceeded 2.5 times. Previously, the company had noted it would only sell common stock when mNAV surpassed 4.0 times [1].

Co-founder Michael Saylor hinted at the purchase before the official announcement, sharing the company’s Bitcoin portfolio and suggesting the market presented a buying opportunity. His remarks preceded the formal disclosure [1].

Despite the decline in MSTR stock and broader market conditions, Strategy has maintained its Bitcoin buying strategy. Some industry figures continue to express confidence in the long-term trajectory of the company and its investment in Bitcoin.

References:
[1] https://cryptofrontnews.com/strategy-increases-bitcoin-holdings-to-over-3-of-total-supply/