The purchase occurred between June 2 and June 8 at an average price of $105,426 per coin.
Strategy’s total Bitcoin stash now amounts to 582,000 BTC. The company’s average price now stands at $70,086, bringing its cumulative investment to about $40.79 billion.
At current market prices, Strategy’s Bitcoin holdings exceed $62 billion, which places the firm’s unrealized gains at more than $21 billion.
Meanwhile, the firm funded its latest Bitcoin purchases by selling its preferred stock. Last week, the firm raised about $66.4 million by selling 626,639 shares of its perpetual Strike preferred stock (STRK).
It also sold 432,679 shares of its perpetual Strife preferred stock (STRF), generating $45.8 million.
For the second consecutive week, the company did not sell any of its Class A common stock, MSTR. Despite this pause, $18.6 billion remains available under the MSTR ATM program.
