Strategy bought 1,587 BTC for $100M, reserve reached 846,842 BTC

Between June 8 and 14, Strategy acquired 1,587 BTC for $100 million at an average price of $63,024 per coin. After the deal, the firm's total reserves reached 846,842 BTC. The market value of the portfolio is estimated at $56.6 billion, equivalent to 4% of the asset's total supply. Source: BitcoinTreasuries. To buy the coins, the company used proceeds from the sale of […]

Source: CryptoTech