Strategy Buys 1,550 Bitcoin for $101M to Boost Treasury Holdings Past 4% of Total Supply

Bitcoin treasury firm Strategy has acquired an additional 1,550 bitcoin for approximately $101.3 million. The purchases, made between June 1 and June 7 at an average price of $65,332 per token, bring Strategy’s total holdings to 845,256 bitcoin. Valued at roughly $53.5 billion, the massive stockpile represents more than 4% of the total 21 million bitcoin supply cap. Co-founder and executive chairman Michael Saylor confirmed the total acquisition cost stands at around $64 billion including fees, leaving the company with roughly $10.5 billion in paper losses at current market prices.

The corporate treasury giant funded its latest purchases using proceeds from its at-the-market common stock sales program. Last week alone, Strategy sold 1,409,600 shares of its Class A common stock for approximately $181 million. The firm disclosed that $25.96 billion remains available under its current program, which was recently expanded to include up to $21 billion in additional common stock, $21 billion in STRC preferred stock, and $2.1 billion in STRK preferred stock. Furthermore, Strategy bolstered its fiat reserves, confirming a USD reserve balance of $1 billion as of June 7, up from $900 million at the end of May.

The announcement follows a weekend social media post by Michael Saylor featuring an acquisition tracker chart captioned “A good time to add more dots.” The post explicitly framed low-$60,000 price levels as an attractive buying opportunity and served as a standard industry signal for an impending purchase disclosure. It also marked Saylor’s first tracker post since the company revealed it had sold 32 bitcoin in late May to cover dividends for its STRC preferred stock. That minor sale, Strategy’s first since late 2022, returned $2.5 million but triggered a sharp market reaction, sending bitcoin prices down 20% to a low of $59,300 before recovering above $63,000 over the weekend.