In a significant move last week, Strategy (MSTR) acquired 1,587 bitcoins for approximately $100 million, boosting its total holdings to an impressive 846,842 BTC. This acquisition, which was detailed in a filing on Monday, was conducted at an average price of $63,024 per bitcoin.
The timing of this purchase coincided with another financial maneuver by the company, as it also increased its USD Reserve by $100 million, raising it to a total of $1.1 billion. This increase was facilitated through the sale of common stock, allowing Strategy to bolster its reserves while maintaining its bitcoin purchasing strategy.
The acquisition period ran from June 8 to June 14, coinciding with Strategy’s initiative to raise $209 million by selling around 1.73 million shares of MSTR as part of its at-the-market program. Significantly, the reserve established in December 2025 is intended to cover dividends on preferred shares and interest on outstanding debt, illustrating the company’s strategic financial planning. By opting to fund both the accumulation of bitcoin and its financial obligations through equity issuance rather than tapping into its existing bitcoin assets or cash reserves, Strategy is signaling its commitment to maintaining a robust balance sheet.
Following the latest purchase, Strategy’s bitcoin holdings are now valued at approximately $56 billion, based on current market prices, with an average purchase cost of $75,656 per coin, tallying up to around $64 billion spent on bitcoin overall. As of now, Strategy stands as the largest corporate holder of bitcoin, representing about 4% of the total supply that will ever exist.
Additionally, earlier this month, the company revealed that it had sold 32 bitcoins to fund preferred dividends, indicating a dynamic approach to managing its financial responsibilities. As a testament to its robust performance, Strategy’s shares saw a 5% increase in pre-market trading, aligning with the resurgence of bitcoin prices, which are currently trading above $66,000.
