Strategy purchased an additional 520 BTC for $34.9 million: aggressive accumulation continues
Between June 15 and 21, Strategy once again expanded its bitcoin portfolio, acquiring 520 BTC for a total of $34.9 million. The average purchase price, including fees and related expenses, was $67,068 per coin. This is another step in the company's consistent strategy of accumulating the leading cryptocurrency.
As of June 21, the total amount of bitcoin on Strategy's balance sheet reached 847,363 BTC. The market value of this package is estimated at $64.1 billion, with an average acquisition price for the entire portfolio of $75,651 per coin. The latest purchase was financed through the issuance and sale of MSTR shares: over the week, the company placed 2,714,839 shares, raising $335.5 million.
Analytical Commentary
This tactic—buying bitcoin by diluting equity capital—demonstrates management's high confidence in BTC's long-term growth. However, the current average portfolio price ($75,651) indicates that the company is still in a loss zone for a significant portion of its assets. Nevertheless, aggressive accumulation amid the recent market correction appears to be a strategic move aimed at the recovery cycle. Investors should closely monitor the dynamics: if BTC consolidates above $80,000, Strategy will move into profit, which could trigger additional interest in their shares.