Michael Saylor's Strategy Corp Continues Bitcoin Purchases for 11 Consecutive Weeks, Though Pace Slows

On the evening of June 23, Strategy Corp (formerly MicroStrategy) reported that it had invested a total of 3.8 billion yen (approximately $26 million) to purchase 245 BTC between June 16 and June 22. This acquisition increased the company's Bitcoin holdings to 592,345 BTC.

Despite Bitcoin's 4.4% decline over the past seven days due to worsening tensions between Iran and Israel, Strategy did not engage in significant dip-buying over the weekend, purchasing only about 1/50 of the previous week's amount (10,100 BTC).

This week's purchase was made at an average price of $105,856 per BTC. As a result, the...