Overview
- Strategy acquired 245 additional Bitcoin in the week ending June 22 using $26 million raised from its STRK and STRF offerings.
- The company’s total Bitcoin treasury, purchased at an average cost of $70,681 per coin, is now valued at about $60 billion.
- Bitcoin’s price has fallen more than 5% over the past week to roughly $101,640 due to escalating tensions in the Middle East.
- Strategy has invested over $6 billion in Bitcoin since mid-April through consecutive weekly purchases.
- Other public firms like Japan’s Metaplanet and Brazil’s Méliuz S.A. have also increased their Bitcoin reserves in recent days.