Strategy has added another $100 million worth of Bitcoin to its treasury, pushing its total holdings to 846,842 BTC and reinforcing its long term commitment to the cryptocurrency despite recent concerns about a rare Bitcoin sale.
Key Takeaways
- Strategy purchased 1,587 BTC for approximately $100 million during June 8 to June 14.
- The company’s total Bitcoin holdings have grown to 846,842 BTC.
- The acquisition follows recent market concerns after Strategy sold 32 BTC for operational purposes.
- Strategy raised $209 million through stock sales and maintains significant capital raising capacity.
What Happened?
Strategy has resumed its aggressive Bitcoin accumulation strategy, purchasing 1,587 BTC for approximately $100 million after briefly sparking debate in the crypto market with its first Bitcoin sale in nearly four years.
According to a company filing, the purchase was funded in part through proceeds generated from its ongoing at the market stock offering program. The latest acquisition increases Strategy’s total Bitcoin holdings to 846,842 BTC, making it by far the largest corporate holder of the digital asset.
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
— Michael Saylor (@saylor) June 15, 2026
Strategy Continues Expanding Its Bitcoin Treasury
The Michael Saylor founded company disclosed that it sold 1,732,553 shares of common stock between June 8 and June 14, generating approximately $209 million in net proceeds.
A portion of those funds was used to acquire 1,587 Bitcoin at an average purchase price of $63,024 per BTC, bringing the total investment for the acquisition to roughly $100 million, including fees and related expenses.
Following the purchase, Strategy’s Bitcoin treasury now stands at 846,842 BTC. The company said it has spent an aggregate $64.07 billion acquiring Bitcoin at an average cost basis of $75,656 per coin.
Based on recent market prices, the company’s Bitcoin holdings are currently valued at approximately $56 billion.
Recent Bitcoin Sale Triggered Market Debate
The latest purchase comes just weeks after Strategy surprised the crypto community by selling 32 BTC, marking its first Bitcoin sale in roughly four years.
The move sparked speculation among critics and some market participants who questioned whether the company was changing its long standing Bitcoin strategy. The concerns intensified as Bitcoin’s price briefly dropped below $60,000, reaching a 19 month low and fueling additional uncertainty across the market.
Some commentators linked the sale to broader weakness in Bitcoin’s price action. Television personality Jim Cramer even suggested that Strategy and Michael Saylor had “killed” the cryptocurrency, a claim that gained attention across social media platforms.
However, Strategy later clarified that the sale was not a sign of capitulation or a shift in corporate strategy.
Why Strategy Sold Bitcoin?
The company explained that the sale was conducted to support obligations tied to its preferred stock offerings, including dividend distributions and other financial commitments.
Michael Saylor also addressed concerns directly, rejecting suggestions that the company had abandoned its Bitcoin-focused approach. He noted that while Strategy remains committed to accumulating Bitcoin, the company has never stated that it would never sell any Bitcoin under any circumstances.
The clarification helped ease concerns among investors and Bitcoin supporters who viewed the sale as a potential warning sign.
Strong Capital Position Supports Future Purchases
Strategy continues to maintain substantial financial flexibility through its capital markets programs.
The company reported a USD Reserve balance of $1.1 billion as of June 14, 2026. The reserve is intended to support preferred stock dividends and interest payments on outstanding debt. The figure also includes expected proceeds from share sales that had not yet settled.
Beyond its existing common stock program, Strategy still has billions of dollars available across multiple securities offerings, including preferred stock issuance programs.
In March 2026, the company also announced a $21 billion increase to its MSTR stock offering capacity, giving it additional room to raise capital for future corporate initiatives, including potential Bitcoin purchases.
Notably, the latest acquisition follows another purchase announced last week, when Strategy acquired 1,550 BTC for slightly more than $100 million, highlighting the company’s continued accumulation strategy.
CoinLaw’s Takeaway
In my experience, the market often overreacts when a company as influential as Strategy makes even a small adjustment to its Bitcoin holdings. The recent sale of 32 BTC created significant noise, but the latest $100 million purchase reinforces what the company has consistently demonstrated for years: Bitcoin remains central to its corporate strategy. I found the rapid return to accumulation particularly important because it addresses concerns that Strategy might be stepping away from its long term Bitcoin thesis. Instead, the company appears to be using financial flexibility while continuing to build one of the largest Bitcoin treasuries in the world.
