Strategy Invests Approximately $110 Million to Acquire 1,045 Bitcoins

Announcement from Strategy

On Monday, the American software company Strategy (formerly MicroStrategy) announced that from June 2 to June 8, it spent approximately $1.102 billion to purchase 1,045 Bitcoins, with an average acquisition price of about $105,426.

As of June 8, Strategy and its subsidiaries hold a total of 582,000 Bitcoins, with an average purchase price of approximately $70,086, amounting to a total investment cost of about $40.79 billion.