Strategy has announced the acquisition of an additional 525 Bitcoin (BTC) for $60.2 million, even as Bitcoin’s price retreated from its recent high of $116,700. The purchase, disclosed in an SEC filing Monday, brings the company’s total holdings to 638,985 BTC, further cementing its position as the largest corporate holder of Bitcoin.

The latest acquisition was executed at an average Bitcoin price of $114,562 per BTC, lifting the company’s overall average purchase price to $73,913.

Strategy’s consistent accumulation strategy emerges amid growing institutional interest in Bitcoin, with corporate treasury holdings now exceeding 1 million BTC, representing roughly 5% of the…

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