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Strategy Adds 1,587 BTC, Total Holdings Reach 846,842 Bitcoin
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Strategy purchased 1,587 BTC for approximately $100 million between June 8 and June 14, at an average price of $63,024 per Bitcoin. The company now holds 846,842 BTC acquired for a total of $64.07 billion, with an average purchase price of $75,656 per BTC. Strategy also increased its U.S. dollar reserves by $100 million, bringing total cash holdings to $1.1 billion. Investors will watch whether the company continues expanding its Bitcoin position amid ongoing institutional demand for crypto assets.
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