#SaylorBTCPurchase From April 14 to 20, Strategy acquired 6,556 bitcoins at an average price of $84,785 per coin, spending a total of $555.8 million. This transaction increased the total volume of bitcoins on the company's balance sheet to 538,200 BTC, which is over 2.5% of the total supply of the cryptocurrency.  

To finance this purchase, Strategy raised funds by selling 1.755 million common shares and 91,213 Series A preferred shares, receiving $547.7 million and $7.8 million respectively.

Although such large purchases could influence the market, analysts note that Strategy's transactions account for only about 3.3% of the weekly trading volume of bitcoin, which has a minimal effect on the price.