MicroStrategy has significantly expanded its Bitcoin treasury with a $1 billion acquisition as geopolitical tensions between Israel and Iran roil global markets. The business intelligence firm purchased 10,100 BTC last week at an average price of $104,080 per coin, according to SEC filings released Monday.

Strategic Accumulation During Market Volatility

The buying spree coincided with Bitcoin's 5.8% price drop from $110,000 to $103,639 following Israel's strikes on Iranian nuclear facilities. This marks MicroStrategy's second major purchase in June, bringing its total holdings to 592,100 BTC worth approximately $41.8 billion at an average acquisition cost of $70,666 per coin.

——"We view market pullbacks as strategic accumulation opportunities," said company representatives in the SEC filing——

Nasdaq-Listed Bitcoin Investment Vehicle

The acquisition follows Wednesday's Nasdaq debut of STRD, MicroStrategy's third Bitcoin-backed preferred stock offering. The new financial instrument aims to raise $250 million through issuance of 2.5 million shares at $100 each, with proceeds earmarked for additional Bitcoin purchases.

【Key Metric】MicroStrategy's year-to-date Bitcoin yield now stands at 19.1%, nearing its revised 2025 target of 25%. The firm had initially projected 15% growth before upward adjustment in May.

Industry Recognition and Warnings

CEO Michael Saylor publicly congratulated Japanese firm Metaplanet for reaching 10,000 BTC holdings, while investment analysts cautioned about risks. VanEck's Matthew Sigel noted potential dilution risks when "stocks trade near net asset value," echoing Standard Chartered's earlier warnings about crypto volatility.

The moves come as Bitcoin demonstrates 【67%】quarterly growth despite Middle East tensions, with some analysts suggesting it's behaving more like tech stocks than traditional safe-haven assets during the current crisis.