$BTC Strategy Buys 10,100 More Bitcoin, Total Holdings Explode to 592,100 BTC

Strategy’s billion-dollar bitcoin acquisition rockets its holdings to 592,100 BTC, solidifying its position as the largest institutional holder and an unstoppable force in crypto.

Strategy Unleashes 10,100 BTC Buy, Vaults Holdings to a Titan-Sized 592,100 BTC

Software intelligence firm Microstrategy (Nasdaq: MSTR), which has rebranded as Strategy, announced on June 16 that it has acquired an additional 10,100 bitcoin 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, inclusive of fees and expenses. This latest acquisition brings Strategy’s total bitcoin holdings to 592,100 BTC, acquired at an aggregate purchase price of $41.84 billion, or an average price of $70,666 per coin. Michael Saylor, Strategy’s Executive Chairman and co-founder, emphasized the company’s continued bitcoin strategy on social media platform X, stating: