Strategy Acquires 1,587 Bitcoin for $100M Between June 8–15, Below Cost Basis

According to a securities filing, Strategy acquired 1,587 Bitcoin for approximately $100 million between June 8 and 15, raising its total holdings to 846,842 BTC. The coins were purchased at an average of about $63,024 per Bitcoin, below the firm's blended cost basis of approximately $75,656 per coin accumulated over years of purchases.

Strategy funded the acquisition by selling roughly 1.73 million shares of MSTR Class A common stock, raising about $209 million—more than twice the amount spent on Bitcoin.