<ul><li>Strategy, formerly MicroStrategy, has purchased $75 million worth of Bitcoin, increasing its total reserve to 580,955 BTC valued over $60 billion.</li><li>The company acquired Bitcoin at an average price of $70,023 per Bitcoin, making it the world's biggest corporate holder of Bitcoin, equivalent to around 2.9% of Bitcoin's total 21 million supply.</li><li>Strategy funded the recent purchase by selling $74 million worth of preferred stock through equity offerings. Despite facing a lawsuit, the company remains focused on expanding its Bitcoin holdings.</li><li>Bitcoin's price experienced a dip of 5.2% over the last week, currently trading above $104,000. Strategy's unrealized gains from Bitcoin have surpassed $20 billion, influencing other companies like Semler Scientific to also invest in Bitcoin.</li></ul>

Michael Saylor’s Strategy Grows Bitcoin Stash To Over $60 Billion With New Buy

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