Strategy increased its Bitcoin holdings by 520 coins last week, with its USD reserves also rising to $1.4 billion.

BlockBeats News, June 22, Strategy disclosed in an 8-K filing with the U.S. Securities and Exchange Commission that between June 15 and 21, the company sold 2.71 million shares of MSTR stock through an ATM stock issuance plan, raising $335.5 million in net proceeds. The company used part of the proceeds to purchase 520 bitcoins at an average price of $67,068, amounting to $34.9 million.

As of June 21, Strategy held a total of 847,363 bitcoins, with a total acquisition cost of $64.1 billion and an average holding price of $75,651. The company's USD reserves also increased to $1.4 billion.

It is worth noting that the average purchase price of $67,068 in this acquisition is lower than the current average holding price of $75,651, indicating that Strategy has been consistently buying the dip during the recent Bitcoin price pullback.