Strategy Buys 1,587 Bitcoin in Latest $100M Purchase

Strategy purchased 1,587 BTC between June 8 and June 14 for approximately $100 million, paying an average of $63,024 per Bitcoin.

With this latest purchase, the company’s total Bitcoin holdings rose to 846,842 BTC as of June 14. Overall, Strategy has spent about $64.07 billion accumulating Bitcoin at an average cost of $75,656 per BTC.

Alongside the increase in its Bitcoin holdings, the company also added $100 million to its USD reserves, raising the total reserve balance to $1.1 billion.

Source: Strategy