Strategy has acquired 7,390 Bitcoin for approximately $764.9 million, bringing their total Bitcoin holdings to 576,230 BTC worth $59 billion.
The company purchased the Bitcoin at an average price of $103,498 per coin between May 12 and May 18, funded through stock offerings.
Strategy is facing a class action lawsuit alleging misleading statements about their Bitcoin investment strategy.
Despite legal challenges, Strategy remains the largest corporate holder of Bitcoin and continues to aggressively acquire more, utilizing ATM offerings.