Strategy Boosts Bitcoin Holdings by 1,587 BTC Amid Market Volatility

Strategy, the publicly listed company controlled by Michael Saylor, added to its Bitcoin holdings last week. According to a filing with the US Securities and Exchange Commission (SEC), Strategy purchased 1,587 BTC between June 8 and Sunday at an average price of $63,024 per bitcoin.

This acquisition was financed through the sale of Class A common stock, which raised about $209 million. The company's preferred share programs showed no activity during this period.

With these new purchases, Strategy now holds 846,842 BTC, valued at approximately $56.1 billion based on CoinGecko market pricing of around $66,216 per BTC.