Strategy has purchased 1,550 bitcoin for around $101 million, marking its first buy since offloading $2.5 million worth of BTC. This acquisition increases the company's total bitcoin holdings to 845,256 BTC.
Strategy bolsters bitcoin holdings and cash reserves after raising $181 million via stock sales.
By James Van Straten|Edited by Aoyon AshrafUpdated Jun 8, 2026, 12:13 p.m. Published Jun 8, 2026, 12:12 p.m. 1 min readMake preferred on
Key Points:
- Strategy's recent bitcoin purchase totaled 1,550 coins, costing about $101 million, bringing total holdings to 845,256 BTC.
- The firm raised $181 million through common stock sales, which funded the bitcoin acquisition and increased cash reserves to $1 billion.
According to a statement from Executive Chairman Michael Saylor, Strategy (MSTR) acquired 1,550 bitcoin for roughly $101 million, raising its total bitcoin holdings to 845,256 BTC.
This move follows a recent dip in bitcoin's value, which fell about 15% last week, briefly trading below $60,000 before recovering above $62,000. The price drop was partly influenced by Saylor's decision to sell 32 bitcoin on June 1.
This acquisition is significant as it is the first since the company's previous bitcoin sale and enhances both its reserves and liquidity.
Additionally, the firm confirmed an increase in its U.S. dollar reserves by $100 million, raising total cash reserves to $1 billion. The funds for these initiatives came from a $181 million common stock issuance during the period.
The recent bitcoin purchase was made at an average price of $65,332 per coin, which is lower than Strategy's overall average acquisition cost of $75,680. Following this acquisition, the company’s total bitcoin holdings were acquired for just under $64 billion.
Read more: Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows
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