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Strategy buys 1,550 bitcoin for $100 million, resumes net buying after selling 32

Strategy bought an additional 1,550 bitcoin from June 1 to 7, spending about $100 million at an average price of $65,332 per coin, CoinPost reported. The purchase lifted its total bitcoin holdings to 845,256. The firm had sold 32 bitcoin in late May to raise about $2.5 million, its first bitcoin sale since December 2022, but it quickly returned to net buying. It funded the latest purchase with proceeds from selling Class A common stock.