Michael Saylorโs Strategy, the worldโs largest public holder of Bitcoin, continued beefing up its BTC holdings last week amid rebounding investor sentiment and rising prices.
Strategy acquired 4,980 Bitcoin (BTC) for $531.1 million during the week ending Sunday, the company announced in a US Securities and Exchange Commission filing on June 30.
The cost Strategyโs latest Bitcoin purchases averaged $106,801 per coin, with Bitcoin surging from around $101,000 last Monday to above $108,000 by the end of the week, according to CoinGecko data.
The new acquisition has increased Strategyโs Bitcoin holdings to 597,325 BTC, purchased for about $42.4 billion at an average price of $70,982 per coin.
Strategyโs gain YTD is now 85,871 BTC
With the latest purchases, Strategyโs Bitcoin year-to-date (YTD) gain amounted to 85,871 BTC, or $9.5 billion, compared to a 140,538 BTC gain for the entire 2024, or $13 billion, according to Strategyโs data.
Strategyโs Bitcoin yield surged 0.5% at 19.7%, inching closer to the companyโs targeted YTD yield goal of 25% by the end of 2025.
Strategyโs quarter-to-date BTC yield also edged up about 0.4% to 7.8%.
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