Strategy chairman Michael Saylor announces the purchase of 1,895 BTC, bringing the firm's total holdings to 555,450 BTC.
The recent $180.3 million Bitcoin purchase in May is the first of the month for Strategy, hinting at potential larger buys based on past patterns.
CryptoQuant analyst Maartunn notes that Strategy's Bitcoin reserve currently holds a profit of about 38% with a cost basis of $68,550.
Analysis of the Bitcoin Composite Volatility Index by CryptoQuant author Axel Adler Jr suggests an accumulation phase for investors, with the BTC price rebounding to $94,800 after a pullback.