Strategy purchased 705 BTC for $75.1M between May 26 and June 1 at an average price of $106,495 per coin.
Strategy now holds 580,955 BTC with a total acquisition cost of about $40.7 billion and an average cost per coin of $70,023.
To finance the purchase, Strategy used proceeds from at-the-market equity offerings, raising $74.6 million through two preferred stock classes.
Institutional confidence in Bitcoin grows as Strategy's Bitcoin holdings exceed $60 billion in value, making it the largest institutional holder of Bitcoin in the world.