Strategy Buys 1,550 BTC for $101M, Rebuilds Cash Reserve to $1B
On June 8, Strategy Inc. revealed in a Form 8-K submitted to the SEC that it had resumed its Bitcoin purchases, acquiring 1,550 BTC for around $101.3 million in the week ending June 7, 2026. The average purchase price was $65,332 per coin. This acquisition came after a 15% decline in Bitcoin's value and a sale of 32 BTC on June 1. To finance this investment, Strategy sold approximately 1.41 million shares of Class A common stock, generating $181 million. Currently, Strategy holds a total of 845,256 BTC, reflecting an unrealized loss of about $10.4 billion. Following the announcement, Bitcoin surged 3.5%, affecting $504 million in short positions, while MSTR closed at $120.44, down 22% for the year.
Key facts
- Strategy Inc. purchased 1,550 BTC for $101.3 million in the week ending June 7, 2026.
- The acquisition was disclosed in an SEC Form 8-K filed on June 8, 2026.
- Average purchase price was $65,332 per BTC.
- Strategy sold 1.41 million shares of Class A common stock to raise $181 million.
- Cash reserve rebuilt to $1 billion.
- Total Bitcoin holdings: 845,256 BTC (over 4% of maximum supply).
- Unrealized loss of roughly $10.4 billion on Bitcoin holdings.
- Bitcoin price jumped 3.5% following the announcement.
Entities
Institutions
- Strategy Inc.
- SEC
- JPMorgan
- Bernstein
- CoinMarketCap
- NFT Plazas