Strategy has acquired 1,045 Bitcoin for $110.2 million as part of its ongoing accumulation strategy, bringing total holdings to 582,000 BTC.
Strategy has acquired $110.2 million worth of Bitcoin as the price trades near its all-time high level.
According to a June 9 US Securities and Exchange filing, Streategy acquired 1,045 Bitcoin (BTC) at an average price of $105,426 per coin. The company now holds 582,000 BTC acquired for approximately $40.79 billion at an average price of around $70,086 per BTC.
The announcement follows Strategy co-founder and executive chairman Michael Saylor hinting at the purchase on June 8. This buy marks the ninth consecutive week that Strategy acquired Bitcoin.