Strategy Buys 1,550 Bitcoin for $101M After Small Sale, Lifting Holdings to 845,256 BTC

TL;DR:

• Strategy acquired 1,550 BTC for approximately $101.3 million between June 1 and 7, at an average price of $65,332 per unit.
• The company’s total holdings now stand at 845,256 BTC, valued at around $53.5 billion, with an average cost of $75,680 per bitcoin.
• The purchase was financed through sales of MSTR shares. Just weeks ago the firm sold 32 BTC, its first sale since 2022.

Strategy, the Bitcoin treasury firm founded by Michael Saylor, acquired an additional 1,550 BTC for approximately $101.3 million between June 1 and 7, at an average price of $65,332 per unit. The transaction was disclosed through a Form 8-K filed with the SEC. The company’s total holdings now stand at 845,256 BTC, representing more than 4% of BTC’s maximum supply, with an aggregate entry cost of approximately $64 billion.

The acquisition was made to take advantage of a broad market price decline. Bitcoin was trading in the $60,000 range when Saylor posted a purchase tracker chart on his social media with the message “A good time to add more dots,” a signal typically interpreted as a preview of new purchases. On this occasion, the message was more explicit than usual, positioning current levels as attractive for accumulation.

Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC https://t.co/1Zf1AVsP1H

— Michael Saylor (@saylor) June 8, 2026

The transaction was financed with proceeds from Class A share sales in the open market, under MSTR’s ATM program. As of June 7, $25.96 billion in shares remained available under that program. Strategy also reported that its dollar reserve grew to $1 billion, up from the $900 million reported as of May 31.

The Market Reads Strategy’s Signals

Just weeks ago, Strategy disclosed the sale of 32 BTC between May 26 and 31, the first divestment since late 2022. That sale generated approximately $2.5 million and was directed toward dividend payments on the STRC preferred instrument. The announcement triggered a market drop of nearly 20%, with Bitcoin touching a low of approximately $59,300 on Friday before recovering above $63,000.

JPMorgan analysts noted that the sale “spooked” markets, though they characterized it as “symbolic and voluntary”. They warned that Strategy’s dollar reserves barely cover 6.3 months of dividend payments. In contrast, Bernstein analysts argued that annual cash dividends on STRC are well covered by reserves, liquidity from ATM programs and the ability to sell Bitcoin if necessary.

According to Bitcoin Treasuries data, 198 public companies have adopted some form of bitcoin acquisition model, though shares of many trade significantly below their summer 2025 highs. MSTR closed Friday at $120.44, down 22% year to date.