Strategy (MSTR) Buys Another 1,587 Bitcoin for $100 Million
Strategy added 1,587 bitcoin for about $100 million last week, taking its total holdings to 846,842 BTC while topping up its USD reserve to $1.1 billion.
Quick Insights
- Strategy bought 1,587 bitcoin for about $100 million between June 8 and June 14, at an average price of $63,024 per coin.
- The purchase brings the company's total holdings to 846,842 BTC, worth roughly $56 billion at current prices.
- Strategy also topped up its USD Reserve to $1.1 billion, funded by the sale of 1.73 million MSTR shares for $209 million.
Strategy, the bitcoin treasury company led by Michael Saylor, has added another 1,587 bitcoin to its balance sheet, spending close to $100 million at an average price of $63,024 per coin. The purchase, disclosed in a filing with the SEC on Monday, lifts the company's total holdings to 846,842 BTC.
At current market prices, with bitcoin trading above $66,000, that stash is worth around $56 billion. Strategy has now spent roughly $64 billion accumulating its position, working out to an average cost of $75,656 per bitcoin. The company remains by far the largest corporate holder of bitcoin, controlling close to 4% of the supply that will ever exist.
Strategy Funds the Buy With $209M in Share Sales
The bitcoin purchase ran from June 8 to June 14, the same window in which Strategy raised $209 million by selling about 1.73 million MSTR shares through its at the market program. That program still has more than $25 billion of capacity remaining, giving the company plenty of room to keep issuing stock to fund further purchases.
Alongside the bitcoin buy, Strategy disclosed it had increased its USD Reserve by $100 million, bringing the total to $1.1 billion. The reserve was set up in December 2025 to cover dividend payments on Strategy's preferred shares and interest on its outstanding debt, separate from the bitcoin holdings and operating cash.
Building up the USD Reserve while still buying bitcoin shows Strategy is funding both its accumulation and its financial obligations through equity issuance, rather than dipping into its bitcoin holdings or cash cushion. It is a signal the company wants to keep its core position untouched even when it needs cash for dividends or interest.
A Volatile Week Preceded the Latest Purchase
The timing is notable given how choppy the past week has been for bitcoin. The asset dropped from around $73,000 to below $60,000, its lowest level since November 2024, before recovering toward $63,500 by the weekend. Strategy's $63,024 average purchase price for this latest tranche sits right in the middle of that dip, suggesting the company bought into weakness rather than waiting for a recovery.
Sentiment had also been pressured earlier in the period by news that Strategy sold 32 bitcoin on June 1 to help fund preferred share dividends. That sale was tiny relative to the company's overall position, but it drew attention given how rarely Strategy parts with any of its holdings.
| Metric | Figure | Source |
|---|---|---|
| Bitcoin acquired (Jun 8 to 14) | 1,587 BTC | Strategy 8-K filing |
| Average purchase price | $63,024 | Strategy 8-K filing |
| Total holdings | 846,842 BTC | Strategy 8-K filing |
| Average cost basis | $75,656 | Strategy 8-K filing |
| Holdings value at current prices | ~$56B | Nakamoto Daily estimate |
Markets React as Bitcoin Climbs Past $66,000
Strategy's stock was up around 5% in pre market trading following the disclosure, with bitcoin itself trading above $66,000 after a sharp rebound. The broader recovery has been driven partly by easing geopolitical tensions, with risk appetite improving after reports of progress toward a ceasefire affecting the Middle East. For more on how institutional buyers have been positioning during this stretch, see our ETF tracker.
Strategy's approach has stayed consistent throughout 2026: issue equity and other instruments, use the proceeds to buy bitcoin, and keep a small reserve on hand to manage obligations without touching the core position. With $25 billion of issuance capacity still available under its current program, the company appears positioned to keep adding to its holdings regardless of near term price swings.
