Strategy added $35 million in bitcoin, $300 million in cash reserves last week

Markets Strategy added $35 million in bitcoin, $300 million in cash reserves last week The boost to cash reserves is meant to reassure investors about dividend payments on the company's hard-hit preferred shares, STRC. By James Van Straten | Edited by Stephen Alpher Jun 22, 2026, 12:39 p.m. 1 min read Make preferred on Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Make preferred on Summary Show Strategy acquired 520 bitcoin last week for approximately $34.9 million, bringing its total holdings to 847,363 BTC. The company also raised its cash reserves by $300 million to $1.4 billion. Both of the moves were funded via sales of common stock. Michael Saylor and his embattled Strategy (MSTR) sold more common stock last week, using the proceeds to add a relatively small amount of bitcoin and $300 million in cash to its balance sheet. The company sold about 2.7 million shares of MSTR, according to a Monday morning filing , raising $335.5 million. About $35 million of that was used to acquire 520 bitcoin at an average price of $67,068 each. The other $300 million was added to cash already on the balance sheet, bringing reserves to $1.4 billion. The latest acquisition brings Strategy's total bitcoin holdings to 847,363 BTC, acquired at a total cost of roughly $64.01 billion, or an average purchase price of $75.651 per coin. The raising of cash is intended to back dividend payments on the company's high-yielding preferred stock, STRC. Investors in recent weeks have grown worried about STRC's soundness, culminating in panic selling on Thursday that drove the price to a record low below $83. Shares bounced into the close, though and are higher by another 2% Monday morning to $90.43 — that's still far below the par value of $100, the level at which Saylor had hoped to try and nearly pin the value. The company's common stock, MSTR, is higher by 3.5% Monday as bitcoin has bounced to just shy of $65,000. Bitcoin News Latest Crypto News 1 TradFi fund manager Baillie Gifford introduces Solana, Ethereum tokenized fund with BNY 39 minutes ago 2 Bitcoin ETF outflow pain eases just as another headwind gathers strength 1 hour ago 3 As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally 1 hour ago 4 Bank of England backs down on strict stablecoin holding limits, sets $50 billion issuance cap 1 hour ago 5 Geopolitical relief meets the Warsh Fed: Crypto Week Ahead 2 hours ago 6 Taiko halts its Ethereum layer-2 network after a bridge exploit, token dives 3 hours ago 7 Bitcoin price may be headed to $54,000, says analyst who forecast October's all-time high 3 hours ago 8 Live markets: Strategy buys 520 more bitcoin and raises reserves to $1.4 billion 5 hours ago 9 Bitcoin developers want to fix the 'replace this transaction with a higher fee' button. Here's why 6 hours ago 10 Ethereum validators asked to fund projects with up to 10% of staking rewards under new proposal 6 hours ago Latest Research CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High CEX Volumes Drop to Lowest Since September 2024 as RWA Perps Hit Record High In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. By CoinDesk Research Jun 15, 2026 In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. Why it matters : In May, combined exchange volumes fell 3.45% to $4.41T; the lowest since September 2024. RWA perpetual futures volumes rose 10.4% against the trend, hitting a new all-time high. View Full Report More From Markets As bitcoin, altcoin prices gain, derivatives signal skepticism over a sustained rally Geopolitical relief meets the Warsh Fed: Crypto Week Ahead Bitcoin price may be headed to $54,000, says analyst who forecast October's all-time high