Global public companies purchased $9.85 million worth of Bitcoin in the week ending May 31, marking a 43.33% decrease from the previous week, according to SoSoValue data. Strategy, formerly known as MicroStrategy, sold 32 bitcoins at $77,135 each, generating $2.5 million and reducing its holdings to 843,706 BTC. Meanwhile, Japanese company Metaplanet made no purchases. Other notable transactions included DayDayCook's acquisition of 131 bitcoins for $10.37 million, and The Smarter Web Company's purchase of 19 bitcoins for a total of $1.41 million. Capital B also added 4 bitcoins to its holdings for $300,000. As of June 1, global public companies hold 1,114,182 bitcoins, a 0.01% increase from the previous week, valued at approximately $80.46 billion, representing 5.6% of Bitcoin's circulating market cap.
Global Companies Purchase $9.85 Million in Bitcoin, Holdings Slightly Increase
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