Breaking: Michael Saylor's Strategy Adds 705 Bitcoin For $75M, MSTR Stock Down

Strategy, previously known as MicroStrategy, made another Bitcoin purchase between May 26 and June. The company bought 705 BTC for $75 million, bringing its total holdings to 580,955. Meanwhile, the MSTR stock price has continued its correction from last week, down in today’s pre-market trading.

AdvertisementAdvertisement ## Strategy Acquires 705 BTC, MSTR Stock In The Red

In a press release, Michael Saylor’s company revealed that it has purchased 705 BTC for $75.1 million at an average price of $106,495 per bitcoin. The company has also achieved a BTC yield of 16.9% year-to-date (YTD).

This latest purchase brings Strategy’s Bitcoin holdings to 580,955 BTC, which it acquired for $40.68 billion at an average price of $70,023 per Bitcoin. As CoinGape reported, Michael Saylor had yesterday signaled another Bitcoin purchase when he posted the company’s BTC portfolio tracker.

![](data:image/svg+xml,%3Csvg%20xmlns=')

This is the company’s eighth consecutive weekly purchase. Last week, it acquired 4,020 BTC for $427 million at an average price of $106,237 per Bitcoin. Meanwhile, despite this recent purchase, the MicroStrategy stock is in the red.

Nasdaq data shows that the MSTR stock price is currently down almost 1% in pre-market trading, trading at around $366. The stock had closed out last week in the red, trading at around $369.

![](data:image/svg+xml,%3Csvg%20xmlns=')

Advertisement

✓ Share:

![](data:image/svg+xml,%3Csvg%20xmlns=')

BTC0.44%
此頁面可能包含第三方內容,僅供參考(非陳述或保證),不應被視為 Gate 認可其觀點表述,也不得被視為財務或專業建議。詳見聲明
  • 讚賞
  • 留言
  • 分享
留言
0/400
暫無留言
交易,隨時隨地
qrCode
掃碼下載 Gate APP
社群列表
繁體中文
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)