{"id":7556,"date":"2026-06-08T14:17:38","date_gmt":"2026-06-08T14:17:38","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/06\/08\/strategy-mstr-restarts-bitcoin-purchases-after-selling-buys-1550-btc-for-101-million\/"},"modified":"2026-06-08T14:17:38","modified_gmt":"2026-06-08T14:17:38","slug":"strategy-mstr-restarts-bitcoin-purchases-after-selling-buys-1550-btc-for-101-million","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/06\/08\/strategy-mstr-restarts-bitcoin-purchases-after-selling-buys-1550-btc-for-101-million\/","title":{"rendered":"Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million"},"content":{"rendered":"

Bitcoin Magazine<\/a><\/p>\n

Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million<\/a><\/p>\n

<\/div>\n

Strategy (MSTR) returned to the bitcoin market this week, purchasing<\/a> 1,550 BTC for approximately $101 million \u2014 its first acquisition since a controversial sale of 32 bitcoin drew scrutiny from investors and analysts. The company disclosed the purchase in an 8-K filing with the Securities and Exchange Commission on Monday morning.<\/p>\n

Executive Chairman Michael Saylor confirmed the buy on social media, stating that Strategy\u2019s total bitcoin reserve now stands at 845,256 BTC, acquired for just under $64 billion at an average price of $75,680 per coin. The latest tranche was purchased at an average of $65,332 per bitcoin \u2014 roughly $10,000 below the firm\u2019s cost basis, meaning the full position carries an implied paper loss of around $10.5 billion at current prices.<\/p>\n

The acquisition was financed through at-the-market sales of Class A common stock. Strategy sold 1,409,600 MSTR shares last week, raising approximately $181 million. A portion of those proceeds funded the bitcoin purchase while the remainder pushed the company\u2019s U.S. dollar cash reserves from $900 million to $1 billion \u2014 a move analysts say was needed to restore institutional confidence.<\/p>\n

Strategy\u2019s return to buying follows a turbulent stretch. On June 1, the firm disclosed<\/a> it had sold 32 BTC between May 26 and May 31 for roughly $2.5 million \u2014 its first bitcoin sale since late 2022. The proceeds were earmarked to fund a dividend payment on its STRC preferred stock.\u00a0<\/p>\n

Though modest in size, the disclosure rattled markets. Bitcoin had been trading near $73,700 before the announcement; it dropped close to 20%, hitting a low around $59,300 before recovering above $63,000 heading into the weekend.<\/p>\n

Strategy shares were up 6% in premarket. <\/p>\n

Strategy \u2018spooked\u2019 the markets<\/h2>\n

JPMorgan analysts characterized<\/a> the sale as \u201csymbolic and voluntary\u201d but said it \u201cspooked\u201d markets regardless. They noted that after Strategy agreed to retire $1.5 billion face value of its zero-coupon 2029 convertible notes at approximately 92 cents on the dollar, dollar reserves covered only about 6.3 months of preferred dividend payments \u2014 raising questions about the firm\u2019s financial cushion.<\/p>\n

Strategy\u2019s STRC preferred stock \u2014 a variable-rate, cumulative instrument offering an annualized rate of 11.5% \u2014 had been the primary vehicle for bitcoin accumulation in recent weeks. But STRC has not traded<\/a> near its $100 par value since mid-May, effectively sidelining it as a funding mechanism for the past three weeks. The Monday purchase relied instead on equity issuance.<\/p>\n

As of June 7, approximately $25.96 billion worth of MSTR shares remain available under Strategy\u2019s current ATM equity program<\/a>. The firm also extended its ATM programs to include up to $21 billion of additional MSTR shares, $21 billion of STRC preferred stock, and $2.1 billion of\u00a0<\/p>\n

Strategy holds more than 4% of bitcoin\u2019s fixed 21 million supply cap, a position that dwarfs every other corporate holder. Bitcoin treasury firm Strive announced<\/a> Monday it had purchased 32 BTC, bringing its total to 19,032 BTC valued at approximately $1.15 billion \u2014 a figure Strive\u2019s chairman framed as a direct response to the amount Strategy sold the week prior.<\/p>\n

According to Bitcoin Treasuries data, 198 public companies now operate some form of bitcoin acquisition model. The top corporate holders behind Strategy include Twenty One (43,514 BTC), Metaplanet (40,177 BTC), MARA (35,303 BTC), Bitcoin Standard Treasury Company (30,021 BTC), and Bullish (24,300 BTC).<\/p>\n

This post Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Strategy (MSTR) Restarts Bitcoin Purchases After Selling, Buys 1,550 BTC for $101 Million Strategy (MSTR) returned to the bitcoin market this week, purchasing 1,550 BTC for approximately $101 million \u2014 its first acquisition since a controversial sale of 32 bitcoin drew scrutiny from investors and analysts. The company disclosed the purchase in an […]<\/p>\n","protected":false},"author":0,"featured_media":7557,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":["post-7556","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7556","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=7556"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7556\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7557"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7556"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7556"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7556"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}