Strategy Adds $100M Bitcoin Purchase to Treasury

Strategy bought 1,587 BTC for $100M, raising its holdings to 846,842 BTC while maintaining a $1.1B liquidity reserve.
Table of Contents

Strategy said that it acquired 1,587 BTC between June 8 and June 14 for an aggregate purchase price of $100M. The update brings Strategy’s total Bitcoin holdings to 846,842 BTC, with an aggregate purchase price of $64.07B.

The purchase affects investors tracking Strategy’s treasury model and continued use of capital markets to accumulate Bitcoin. The company said the new BTC was bought using proceeds from ATM share sales, while average purchase price for the latest acquisition was $63,024 per BTC.

The next point to watch is how Strategy balances future Bitcoin purchases with its liquidity reserve. As of June 14, the company said its USD Reserve stood at $1.1B, keeping treasury liquidity alongside its enlarged BTC position.

Source: Strategy.


Disclaimer: Crypto Economy Flash News are based on verified public and official sources. Their purpose is to provide fast, factual updates about relevant events in the crypto and blockchain ecosystem.

This information does not constitute financial advice or investment recommendation. Readers are encouraged to verify all details through official project channels before making any related decisions.

RELATED POSTS

Ads

Follow us on Social Networks

Crypto Tutorials

Crypto Reviews