Michael Saylor’s Firm Continues BTC Accumulation with 1,587-Coin Purchase

Here’s a fresh rewrite:

The latest purchase was made at an average price of $63,024 per bitcoin.

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

The coins were purchased at an average cost of $63,024 each. The company also increased its USD reserve by $100 million to $1.1 billion, funded through common stock issuance.

The buying activity occurred between June 8 and June 14, during which Strategy also raised $209 million by selling roughly 1.73 million MSTR shares through its at-the-market program.

The USD reserve, set up in December 2025, is intended to cover preferred dividends and interest expenses. Its growth alongside continued bitcoin accumulation indicates Strategy is financing both purchases and obligations through equity issuance rather than using its bitcoin holdings or cash reserves.

With this addition, Strategy’s total bitcoin position rises to 846,842 BTC, valued at roughly $56 billion at current prices. The company’s average purchase price is $75,656 per bitcoin, implying a total cost basis of around $64 billion. It remains the largest corporate bitcoin holder, controlling about 4% of total supply.

On June 1, Strategy revealed it had sold 32 BTC to fund preferred dividend payments. Its shares are up about 5% in pre-market trading, while bitcoin holds above $66,000.