Strategy, the top corporate holder of Bitcoin, has added 10,100 Bitcoin to its balance sheet at a cost of $1 billion. 

The purchase took place during a week of market volatility tied to escalating conflict in the Middle East, with Bitcoin dipping as low as $103,639 following reports of Israeli strikes on Iranian nuclear sites.

The average purchase price for the recent acquisition was $104,080 per coin. 

This marks the firm’s second Bitcoin acquisition in June, pushing total holdings to 592,100 Bitcoin with an aggregate cost basis of approximately $41.8 billion, averaging $70,666 per Bitcoin.

The announcement follows the Nasdaq debut of Strategy’s third Bitcoin-linked preferred stock, STRD. 

Through the sale of 2.5 million shares of its 10% Series A Perpetual Stride Preferred Stock at $100 apiece, Strategy aims to raise $250 million to fuel further Bitcoin purchases.

The company also reported an increase in its internal BTC yield metric, which rose to 19.1% year-to-date—up from 17.1% after its prior 1,045 Bitcoin purchase disclosed on June 9th. 

Quarter-to-date, the BTC yield stands at 7.4%. Strategy has set a year-end yield target of 25%, revised upward from a previous 15% goal announced earlier this year.

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