STRATEGY ADDS 7,390 BTC FOR $765M

Summary from the TLDR Crypto newsletter

Strategy (formerly MicroStrategy) acquired 7,390 BTC for approximately $765 million at an average price just under $103,500 as bitcoin climbed past $100 K, lifting its year-to-date bitcoin yield to 16.3% and bringing its total holdings to 576,230 BTC purchased at an average cost of $69,726. At today's prices, those holdings are worth over $59.2 billion, representing an unrealized gain of $19.2 billion (47%). In a concurrent SEC filing, Strategy disclosed a class-action lawsuit in the Eastern District of Virginia accusing its executives of misleading investors about the profitability and risks of its bitcoin-focused strategy.