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#StrategyAdds1550BTCatLowerPrices
Strategy bought 1,550 BTC for $101 million one week after selling 32 BTC, bringing its cash reserves to $1 billion.
Strategy purchased 1,550 Bitcoin for $101.3 million between June 1 and 7; this was one week after its first Bitcoin sale since 2022. Cash reserves reached $1 billion.
The biggest development shaking the market was that MicroStrategy purchased an additional 1,550 BTC (approximately $101.3 million) with funds raised by issuing shares. This move helped the price quickly rebound from below $60,000.