Strategy said in a November 10 report that the new acquisition of BTC was a continuation of its strategy to increase its own reserves in the first cryptocurrency.
At the beginning of November, Strategy's reserves exceeded $67 billion.
In the new tranche, Strategy paid an average of $102,557 per coin. Since the end of October, the company's bitcoin reserve fund has been replenished by 1,274 BTC. As of the date of the report, Strategy's total Bitcoin reserves reached 641,692 BTC.
Earlier, during the IPO on the European stock market, Strategy raised more than $700 million to secure its preferred shares. The company stated that the funds will be used to purchase bitcoins and replenish working capital.
The day before, Strategy chairman Michael Saylor said that, in his opinion, the Bitcoin ecosystem can be considered one of the most stable in the financial world. A distributed network of many thousands of nodes, each of which stores a complete copy of the registry, is almost impossible to destroy with targeted attacks.