Donald Trump · Bitcoin · Iran · Michael Saylor · Strait of Hormuz · Lebanon · Bitcoin Magazine
On Sunday, President Donald Trump unveiled via Truth Social that a peace agreement with Iran was “complete
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Pakistani Prime Minister Shehbaz Sharif confirmed that all military operations across every front, including Lebanon, would cease, with a formal signing ceremony scheduled for June 19 in Switzerland.
Key facts
- Michael Saylor’s Strategy disclosed Monday that it had acquired an additional 1,587 BTC between June 8 and June 14 for approximately $100 million at an average price of $63,024 per coin
- Bitcoin rebounded more than 11% from its June 5 low near $59,000 to around $66,500 as easing Middle East tensions and continued institutional accumulation from major corporate buyers helped restore
- Bitcoin climbed to $65,844 on June 15, its highest level in nearly two weeks, as the broader crypto market cap recovered above $2.3 trillion
- The firm also sold 1,732,553 shares of common stock during the same window, generating $209 million in net proceeds as it simultaneously rebuilt its USD reserve to $2.25 billion
Summary
Bitcoin rebounded more than 11% from its June 5 low near $59,000 to around $66,500 as easing Middle East tensions and continued institutional accumulation from major corporate buyers helped restore confidence despite lingering skepticism about the bull market. Bitcoin price entered the weekend somewhat battered and bruised, fresh off a gut-punch to $59,000 on June 5, its weakest footing since October 2024, and with no shortage of skeptics ready to call the bull market dead. But by Monday morning, the picture looked different. The chart told the story of a market caught between fear and conviction: a sharp slide toward $61,000 by June 9–10, choppy consolidation between $62,000 and $63,000 through mid-week, then a decisive push higher that accelerated into the weekend close and carried into Monday’s open.