The company Strategy (formerly MicroStrategy) acquired 705,056.45123420 for $75.1 million between May 26 and June 1, at an average price of $106,495 per 1 BTC. The purchases were financed through the income from the sale of shares. Additionally, Strategy announced plans to issue 2.5 million preferred shares of Stride. The firm will also raise nearly $980 million through the IPO of STRD shares to purchase bitcoins.
