Strategy buys 1,550 bitcoin, boosts cash reserves to $1 billion

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Strategy buys 1,550 bitcoin, boosts cash reserves to $1 billion Strategy adds bitcoin and cash after raising $181 million through stock sales. By James Van Straten | Edited by Aoyon Ashraf Jun 8, 2026, 12:12 p.m. 1 min read Make preferred on What to know : Strategy purchased 1,550 bitcoin for approximately $101 million, increasing its total holdings to 845,256 BTC. The company raised $181 million through common stock sales, using the proceeds to fund the bitcoin purchase and increase its cash reserves to $1 billion. Strategy (MSTR) acquired 1,550 bitcoin for approximately $101 million, increasing its total holdings to 845,256 BTC, according to a Monday announcement from Executive Chairman Michael Saylor . The purchase comes after bitcoin fell around 15% last week, briefly trading below $60,000 before rebounding above $62,000. The decline in bitcoin price followed, at least partially, after Saylor sold 32 bitcoin on June 1. The latest acquisition marks the first buy since the company's bitcoin sale and expands Strategy's reserve while also adding to its balance sheet liquidity. The company disclosed that it increased its U.S. dollar reserves by $100 million, bringing total cash reserves to $1 billion. To fund both initiatives, Strategy issued $181 million of common stock during the period. The latest purchase was made at an average price of $65,332 per bitcoin, below Strategy's overall average acquisition price of $75,680. Following the purchase, the company holds 845,256 BTC acquired for just under $64 billion. Read more: Michael Saylor revives bitcoin-buy speculation as scrutiny over Strategy grows Bitcoin News More For You A crucial bitcoin market indicator is signaling that the worst of the crypto crash might be over By Omkar Godbole , James Van Straten | Edited by Aoyon Ashraf 10 minutes ago The metric shows bitcoin's market price is getting close to its realized fair value after the recent sell-off. What to know : Bitcoin's MVRV Z-Score is nearing the historical bear-market bottom around zero. The metric shows that bitcoin's market price is approaching its realized fair value after the recent sell-off. Past cycles in 2014, 2018, and 2022 saw major recoveries begin once the Z-Score entered this green accumulation zone. Read full story Latest Crypto News Live updates: Bitcoin drops under $63,000 as Strategy adds $100 million BTC in latest purchase 8 minutes ago A crucial bitcoin market indicator is signaling that the worst of the crypto crash might be over 10 minutes ago Bybit challenges Wall Street with a massive push into tokenized U.S. stock IPOs 38 minutes ago Crypto's recovery remains unsecure as SpaceX, Anthropic IPOs loom. Stronger ETF inflows would help. 48 minutes ago Bitcoin holds steady after Sunday's rally, though full-fledged reversal may take longer 1 hour ago Gold slips below 200-day moving average offering glimmer of hope for bitcoin bulls 2 hours ago Top Stories Zcash bounces 45% as developers propose new 'Ironwood' upgrade 4 hours ago Bitcoin's rally to $63,700 triggers $504 million losses for short sellers, most since late April 6 hours ago Bitcoin spikes, then dumps, from $63,700 as analysts assess Strategy's next BTC moves 7 hours ago CME is letting traders bet on bitcoin volatility, not price, and two firms have already placed bets 3 hours ago XRP steadies above $1.10 to bounce from four-month lows 6 hours ago Satoshi-era bitcoin at center of $285 billion lawsuit moves after 14 years Jun 6, 2026