Strategy buys 520 Bitcoin for $35M, raises dollar reserve to $1.4B in single week

On Monday, Bitcoin whale Strategy (NASDAQ: MSTR) announced that it raised its USD reserve to $1.4 billion and bought 520 Bitcoin for $35 million, bringing its total BTC reserve to 847,363 coins. The company’s update covers capital market activity from June 15 through June 21. Michael Saylor, the Bitcoin-loving executive chairman of Strategy, said: “Strategy...