Strategy boosts its USD Reserve by $100M to $1B to cover $1.7B in annual preferred stock dividends while buying another 1,550 BTC worth $101.3 million.

Strategy announced it acquired 1,587 BTC between June 8 and June 14 for roughly $100 million, bringing total holdings to 846,842 BTC.

The latest purchase was made at an average price of $63,024 per bitcoin.

On Monday, Strategy revealed buying 1,587 BTC for $100M at $63,024 average, lifting its total bitcoin reserve to 846,842 BTC.

Strategy added 1,587 BTC for $100 million last week, lifting its holdings to 846,842 BTC while rebuilding its cash reserve to $1.1 billion.

Strategy boosts its USD Reserve by $100M to $1B to cover $1.7B in annual preferred stock dividends while buying another 1,550 BTC worth $101.3 million.

Michael Saylor’s Strategy bought another 1,587 Bitcoin for $100 million last week, financing the purchase through MSTR stock sales.

Strategy Inc. (NASDAQ:MSTR) bought 1,587 Bitcoin

Strategy Inc. rebuilt its cash reserves to $1 billion while acquiring 1,550 BTC for $101.3 million, bringing total holdings to 845,256 Bitcoin.