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news2h ago

Strategy Increases $BTC Treasury With $101M Buy

Strategy (MSTR) acquires 1,550 Bitcoin for $101 million, lifting its total treasury to 845,256 BTC while pushing its USD cash reserve to a milestone $1 billion.

Strategy Increases $BTC Treasury With $101M Buy

Strategy Adds 1,550 Bitcoin in Latest Accumulation Move

@Strategy has acquired 1,550 $BTC for approximately $101 million, bringing its total Bitcoin treasury to 845,256 coins, according to an announcement from Executive Chairman Michael Saylor on June 8, 2026. The purchase was made between June 1 and June 7, 2026, at an average price of $65,332 per coin, inclusive of fees and expenses, as disclosed in a Form 8-K filing with the SEC.

The company raised $181 million through common stock sales, using the proceeds to fund the Bitcoin purchase and increase its cash reserves to $1 billion. The milestone USD balance marks a notable expansion of Strategy's liquidity position alongside its ongoing accumulation programme.

The purchase comes after Bitcoin fell around 15% last week, briefly trading below $60,000 before rebounding above $62,000. The decline followed, at least partially, after Saylor sold 32 Bitcoin on June 1. The latest acquisition marks the first buy since the company's Bitcoin sale and expands Strategy's reserve while also adding to its balance sheet liquidity.

Context: A Treasury Built Over Years of Consistent Buying

Strategy, listed on Nasdaq under tickers MSTR, STRK, STRC, STRD, and STRF, reported 818,334 Bitcoin holdings as of May 3, 2026, representing 22% growth year to date at that point. The fresh purchase pushes the total to 845,256 $BTC, cementing its position as the largest corporate holder of Bitcoin in the world.

Strategy has funded its accumulation through convertible notes, equity issuances at premium valuations, and a reinforcing flywheel in which Bitcoin appreciation raises the company's stock price, enabling further capital raises to buy more Bitcoin.

Sources:
Strategy Form 8-K, June 8, 2026 (SEC.gov)
Strategy Buys 1,550 Bitcoin, Boosts Cash Reserves to $1 Billion (CoinDesk)

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UC Hope profile photoUC Hope

UC holds a bachelor’s degree in Physics and has been a crypto researcher since 2020. UC was a professional writer before entering the cryptocurrency industry, but was drawn to blockchain technology by its high potential. UC has written for the likes of Cryptopolitan, as well as BSCN. He has a wide area of expertise, covering centralized and decentralized finance, as well as altcoins.

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