$BTC

The intellectual software company Microstrategy (Nasdaq: MSTR), which has been renamed Strategy, announced on June 16 that it acquired an additional 10,100 bitcoins between June 9 and June 15, using proceeds from recent preferred stock offerings.

According to the company's filing with the U.S. Securities and Exchange Commission (SEC), the total purchase amounted to approximately $1.051 billion at an average price of $104,080 per bitcoin, including fees and expenses. This latest purchase increases the total number of bitcoins owned by Strategy to 592,100 BTC, acquired at a total purchase price of $41.84 billion, or an average price of $70,666 per coin. Michael Saylor, Executive Chairman and Co-founder of Strategy, emphasized the continuation of the company's bitcoin strategy on social media platform X.