Summary
- Strategy said it bought an additional 1,587 Bitcoin for $100 million.
- The purchase increased its Bitcoin reserves to a total of 846,842 BTC.
- Strategy also increased its dollar reserves by $100 million, bringing them to $1.1 billion.
Forecast Trend Report by Period
Strategy bought 1,587 more Bitcoin, extending its Bitcoin reserve strategy as the cryptocurrency rebounded to around $65,000 and the company also increased its cash holdings.
Michael Saylor wrote on X on June 15 that Strategy purchased 1,587 Bitcoin for $100 million. The latest purchase raised the company’s Bitcoin reserves to 846,842 BTC.
Based on a simple calculation, the average purchase price was about $63,000 per Bitcoin.
Strategy also increased its dollar reserves by $100 million, bringing the total to $1.1 billion.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
