Michael Saylor's Strategy acquires another 1,587 bitcoin for $100 million

Strategy (MSTR) last week acquired 1,587 bitcoin for approximately $100 million, increasing its total holdings to 846,842 BTC, according to a Monday morning filing.

The latest purchase was made at an average price of $63,024 per bitcoin. The company disclosed it had also increased its USD Reserve by $100 million to $1.1 billion via the sale of common stock.

Strategy has acquired 1,587 BTC for $100 million to increase our $BTC Reserve to ₿846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR $STRC https://t.co/27PYXJN7GD

The purchase ran from June 8 to June 14, the same week Strategy raised $209 million by selling about 1.73 million MSTR shares through its at-the-market program.

The reserve is the money Strategy set aside in December 2025 to cover dividends on its preferred shares and interest on its debt. Building it up while continuing to buy bitcoin signals the company is funding both its accumulation and its obligations through equity issuance rather than touching its bitcoin or its cash cushion.

The buy lifts Strategy's holdings to 846,842 BTC, worth about $56 billion at current prices and bought at an average of $75,656 per coin for a total of around $64 billion. The company remains the largest corporate holder of bitcoin, at roughly 4% of the supply that will ever exist.

Strategy disclosed on June 1 that it had sold 32 bitcoin to fund preferred dividends The company's shares are up 5% pre market with bitcoin trading above $66,000.

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.

In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high.