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Strategy Adds 1,587 BTC, Total Holdings Reach 846,842 Bitcoin

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Nidhi Kolhapur

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.

Nidhi Kolhapur

Qadir Ak is the founder of Coinpedia. He has over a decade of experience writing about technology and has been covering the blockchain and cryptocurrency space since 2010. He has also interviewed a few prominent experts within the cryptocurrency space.

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