Nearly 581,000 BTC Now Owned by Strategy Following Modest Bitcoin Purchase

The world's leading corporate holder of bitcoin, Strategy, continues to add to its holdings with its latest acquisition of 705 BTC costing $75.1 million, bought at an average price of $106,495 per bitcoin. This latest purchase adds to Strategy's existing bitcoin stash, which now totals 580,955 BTC, purchased at an overall cost of $40.68 billion, with an average price per bitcoin of just over $70,000.

This latest acquisition is relatively small compared to the company's numerous past purchases, many of which were in the billions. The current value of Strategy's holdings, given the current bitcoin prices, exceeds $60 billion.