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Company buys 520 BTC for $34.9M at $67,068 each, funded by $335.5M in new stock sales

Market News
22 Jun 2026
Crypto Economy
View Source
Bullish
pluang ai news

A company has purchased 520 Bitcoin (BTC) for $34.9 million at an average price of $67,068 per BTC. This acquisition was funded by raising $335.5 million through new sales of the company's stock (MSTR). The move shows the company's continued commitment to investing in Bitcoin as part of its strategy, potentially signaling confidence in the cryptocurrency's future value.

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