MicroStrategy, the enterprise software company led by Executive Chairman Michael Saylor, said it bought 1,045 Bitcoin between June 2 and June 8 for roughly $110
MicroStrategy, the enterprise software company led by Executive Chairman Michael Saylor, said it bought 1,045 Bitcoin between June 2 and June 8 for roughly $110.2 million, paying an average $105,426 per token.
The purchase lifts the firm’s Bitcoin hoard to about 582,000 coins, acquired for an aggregate $40.79 billion at an average cost of $70,086 each. MicroStrategy reported a 17.1% yield on its Bitcoin position so far in 2025.
Saylor added that the latest acquisition was financed through at-the-market offerings of the company’s STRK and STRF securities, with no sale of MicroStrategy common stock or additional debt issuance.
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Source: https://thedefiant.io/news/markets/microstrategy-buys-1045-bitcoin-110-million-holdings-reach-582000-coins-95107993