Strategy Buys 520 Bitcoin, Adds $300M To Dollar Reserve To Bolster STRC - Strategy (NASDAQ:MSTR)

Strategy Inc.

(NASDAQ:MSTR) bought 520 Bitcoin (CRYPTO: BTC) for $34.9 million and added $300 million to its dollar reserve the past week.

Strategy Now Holds 847,363 BTC Worth $54.8 Billion The purchase, made between June 15 and June 21 at an average price of $67,068 per coin, brings Strategy's total holdings to 847,363 BTC.

The position is worth roughly $54.8 billion at current prices, while the company's total cost basis stands at $64.1 billion, leaving it with paper losses of about $9.3 billion.

Strategy's stack now represents more than 4% of Bitcoin's entire 21 million coin supply cap.