Strategy Raises $335.5M, Purchases 520 Bitcoin on June 22

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According to CoinDesk, Strategy (formerly MicroStrategy) raised $335.5 million on June 22 through a common share sale. The company used approximately $35 million of the proceeds to purchase 520 bitcoin at an average price of $67,068 per coin, while adding roughly $300 million to its cash reserves. The purchase brings Strategy's total bitcoin holdings to 847,363 BTC, acquired for approximately $64.01 billion at an average cost of $75,651 per coin.
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