STRATEGY BUYS 705 BITCOIN FOR $75.1M AS HOLDINGS NEAR 581,00 BTC!

Strategy, a leading corporate Bitcoin investor, has purchased 705 Bitcoin for $75.1 million, bringing its total holdings to 580,955 BTC. This acquisition, made between May 26 and June 1, was executed at an average price of $106,495 per Bitcoin.

Key Details:

Total Holdings Value: Strategy's Bitcoin holdings are now worth over $60 billion, with a year-to-date yield of 16.9%.

Average Cost per Coin: The company has invested around $40.68 billion in Bitcoin at an average price of $70,023 per coin.

Consecutive Purchases: This purchase marks Strategy's eighth consecutive weekly Bitcoin acquisition, demonstrating its confidence in the digital asset.

Corporate Bitcoin Holdings: Strategy is now the world's largest institutional holder of Bitcoin, and combined with other corporate holdings, the total value of Bitcoin held by companies exceeds $100 billion.

Other notable corporate Bitcoin purchases include :

GameStop: Purchased 4,710 BTC for $513 million.

Semler Scientific: Completed a purchase of 455 BTC for $50 million

-Metaplanet: Bought 1,088 BTC, boosting its reserves to 8,888 BTC amid an accumulation trend

The current Bitcoin price is $105,229.52, with a 0.63% increase .#MyCOSTrade #BTC #MyCOSTrade #BinanceAlphaAlert #MarketPullback $BTC