Strategy Buys $26 Million Worth Of Bitcoin

Strategy has purchased an additional 245 Bitcoin for approximately $26 million, continuing its steady accumulation strategy despite recent market volatility triggered by geopolitical tensions.

According to an SEC filing on June 23, the company acquired Bitcoin at an average price of $105,856 per coin during the week ending June 22. The purchase brings Strategy’s total holdings to 592,345 BTC, with an aggregate cost basis of $41.87 billion at an average price of $70,681 per coin.

The acquisition was funded through Strategy’s at-the-market (ATM) equity offering program, selling 166,566 shares of STRK preferred stock for $17 million and 84,354 shares of STRF preferred…

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