Back to News
CryptoJobsEthereumInflationBitcoinEtf

Strategy Acquires 1,587 BTC for $100 Million

Strategy has acquired 1,587 BTC for $100 million, increasing its Bitcoin reserves to ₿846,842.

Mercation Admin
June 15, 2026 2 min read
Strategy Acquires 1,587 BTC for $100 Million

Strategy has made a significant move in the cryptocurrency market by acquiring 1,587 BTC for $100 million between June 8 and June 14. This purchase was executed at an average price of $63,024 per Bitcoin.

With this acquisition, we’ve bolstered our Bitcoin Reserve to ₿846,842. We’ve also increased our USD Reserve by $100 million to $1.1 billion.

— Strategy (@Strategy) June 15, 2026

Following this transaction, Strategy's total Bitcoin reserves have reached 846,842 BTC, valued at approximately $56.6 billion, which accounts for about 4% of the total Bitcoin supply. The funds for the purchase came from the sale of Class A shares, which raised $209 million, with the company retaining the option to sell an additional $25.75 billion in shares as part of its ongoing program.

In addition to the Bitcoin acquisition, Strategy has increased its dollar reserves from $1 billion to $1.1 billion. However, experts from Sygnum Bank have raised concerns about the implications of this strategic shift, noting that while Strategy had previously committed to holding its Bitcoin, it may now consider using some reserves for payments, potentially affecting share values linked to Bitcoin's long-term performance.

Notably, this comes after the firm recently disclosed its first Bitcoin sale in several years, involving 32 BTC.

BitMine's Cryptocurrency Holdings Surge

In related news, BitMine Immersion Technologies has reported a significant increase in its Ethereum reserves, now holding 5.62 million ETH, which represents 4.66% of the total Ethereum market supply.

BitMine has announced its latest holdings update, with a total crypto asset value of $10.4 billion, including 5,620,754 ETH valued at $1,718 each.

— Bitmine (NYSE-BMNR) $ETH (@BitMNR) June 15, 2026

BitMine has staked 4.7 million ETH through its MAVAN infrastructure, expecting an annual income of around $269 million from this staking activity. Additionally, the firm is set to list its preferred shares on the New York Stock Exchange under the ticker BMNP, with trading commencing on June 16. The $273.8 million raised from this offering will be allocated towards expanding operations and further cryptocurrency acquisitions.

Earlier this month, Grayscale analysts described Strategy's recent Bitcoin sale as a "stress test" for its financial model, indicating the scrutiny surrounding the company's strategies in managing its crypto assets.