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Strategy Buys $75 Million Worth of Bitcoin

  • Strategy has acquired an additional 705 Bitcoin for approximately $75 million, becoming the largest corporate holder of Bitcoin.
  • The purchase was made at an average price of $106,495 per coin between May 26 and June 1, funded through at-the-market (ATM) equity offerings.
  • With this acquisition, Strategy now holds a total of 580,955 BTC, valued at more than $60 billion based on current market prices.
  • The move reflects the growing institutional confidence in Bitcoin, with over 60 public companies now holding Bitcoin on their balance sheets.

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