Strategy Buys 1,550 Bitcoin as Cash Reserve Reaches $1B

Highlights:

• Strategy buys 1,550 bitcoin as total holdings rise to 845,256 BTC.
• The company rebuilt its dollar reserve to $1 billion after recent treasury moves.
• MSTR common stock sales generated $181 million to fund the latest purchase.

Strategy has returned to Bitcoin buying with a $101 million purchase after a rare sale. Executive Chairman Michael Saylor said on June 8 that the company acquired 1,550 BTC, lifting the firm’s total holdings to 845,256 BTC. Alongside the new purchase, the company raised its dollar reserve by $100 million to $1 billion.

Strategy Buys 1,550 Bitcoin After Market Pullback

The filing shows Strategy paid an average price of $65,332 per Bitcoin. The company bought the coins between June 1 and June 7, after Bitcoin suffered a sharp weekly drop. Bitcoin had fallen below $60,000 before recovering above $64,000 today. Therefore, the purchase came below Strategy’s blended acquisition cost of $75,680 per coin, with the paper losses topping $10 billion.

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

Saylor had hinted at another purchase on Sunday. He shared the company’s orange dots chart and wrote that it was a good time to add more dots. The move also followed a noisy week for the company’s treasury strategy. Strategy sold 32 BTC between May 26 and May 31 for about $2.5 million. That sale came at an average price of $77,135 per coin. Although the amount represented only a tiny fraction of its holdings, traders quickly questioned the sale.

Management linked the sale to preferred stock dividend needs, not a shift away from Bitcoin. The explanation still drew attention because Saylor has long backed a buy-and-hold approach. However, the fresh purchase helped calm concern that Strategy had changed direction. It also left the company with a net gain of 1,518 BTC across the two-week period.

Share Sales Help Fund the Latest Purchase

Strategy funded the new Bitcoin purchase through its at-the-market stock program. The company sold 1,409,600 shares of MSTR Class A common stock during the reporting period. Those sales generated $181 million in net proceeds after commissions. As a result, the company covered the Bitcoin purchase and still added to its cash position.

The filing showed no sales from Strategy’s preferred stock programs. The company did not sell STRF, STRC, STRK, or STRD shares during the week. Instead, common stock remained the main funding channel for the latest treasury activity. Moreover, Strategy still has large available capacity under its existing equity issuance plans.

Strategy reported about $25.96 billion available under its MSTR common stock programs. It also listed about $17.51 billion available under the STRC program. Therefore, the company retains room for future capital raises if it continues the same approach.

Strategy also rebuilt its U.S. dollar reserve to $1 billion as of June 7. The reserve includes expected proceeds from stock sales that had not settled by that date. The company designed the buffer to support preferred dividends and interest payments. The larger reserve also eases concerns about near-term cash needs during Bitcoin volatility.

MSTR shares reacted positively before the market opened on Monday. The stock rose nearly 5% to around $126.28 after the new purchase announcement. The stock, however, remains under pressure after a weak month for Bitcoin-linked equities.