Bitcoin titan Strategy doubled its holdings recently with a purchase exceeding $75 million. The company purchased 705 BTC, bringing their total to over 581,000 BTC, solidifying their position as the largest corporate Bitcoin holder. Executive Chairman Michael Saylor confirmed the $75.1 million acquisition through his X post, detailing the transaction and Strategy’s long-term commitment to accumulating Bitcoin despite market fluctuations. 705 BTC purchase was financed via the sale of equity holdings between May 26th and June 1st. These sales helped raise roughly $36 million from STRK shares and $38 million from STRF shares. The average cost per Bitcoin for Strategy’s recent acquisition was $106,495, signaling their continued dedication to accumulating the asset. This purchase brings the company’s total investment in Bitcoin to over $40.68 billion at an average cost of $70,023, with current holdings exceeding $60.4 billion, generating more than $20 billion in unrealized gains. Metaplanet, another major player in the space, also made a significant purchase on the same day. The Japanese public firm acquired 1,088 BTC, boosting their Bitcoin reserves to 8,888 BTC as they too adopted a similar accumulation strategy. This surge in purchases coincided with an overall market increase, pushing Bitcoin’s price above $104,513.57 and leading to significant trading volume of $41.58 billion, indicating increased activity. Trading volume has spiked by 20.79% during the past 24 hours.