Michael Saylor’s Strategy acquired 4,980 BTC valued at $531.1 million, with an average purchase price of $106,801 per coin.
The company has spent around $42.4 billion on Bitcoin since it started accumulating the cryptocurrency, with a total holding of 597,325 BTC.
Strategy funded the recent purchase through ATM offerings, selling Class A common stock and preferred stock shares.
Strategy's year-to-date gain in Bitcoin is 85,871 BTC, with an expected goal of 25% yield by the end of 2025. The company has shown interest in potential future Bitcoin purchases.