{"id":7672,"date":"2026-06-22T17:17:03","date_gmt":"2026-06-22T17:17:03","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2026\/06\/22\/michael-saylors-strategy-mstr-buys-520-bitcoin-raises-usd-reserve-to-1-4-billion\/"},"modified":"2026-06-22T17:17:03","modified_gmt":"2026-06-22T17:17:03","slug":"michael-saylors-strategy-mstr-buys-520-bitcoin-raises-usd-reserve-to-1-4-billion","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2026\/06\/22\/michael-saylors-strategy-mstr-buys-520-bitcoin-raises-usd-reserve-to-1-4-billion\/","title":{"rendered":"Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/news\/michael-saylors-strategy-buys-520-bitcoin\">Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion<\/a><\/p>\n<div><\/div>\n<p class=\"wp-block-paragraph\">Strategy Inc. disclosed Monday it acquired 520 bitcoin for approximately $35 million in its third straight weekly purchase, bringing total holdings to 847,363 BTC while expanding its cash war chest to support growing obligations tied to its preferred stock program.<\/p>\n<p class=\"wp-block-paragraph\">Executive Chairman Michael Saylor <a href=\"https:\/\/x.com\/saylor\/status\/2069028571880845340?s=20\">announced<\/a> the transaction on X Monday morning, noting that the company also increased its USD Reserve by $335 million to $1.4 billion. The company sold roughly 2.7 million shares of MSTR, according to <a href=\"https:\/\/assets.contentstack.io\/v3\/assets\/bltf8d808d9b8cebd37\/blt2e9f099c6f750e42\/6a38b76f0bbfd04b0ded59bf\/form-8-k_06-22-2026.pdf\" target=\"_blank\">a Monday morning filing<\/a>, raising that $335.5 million.<\/p>\n<p class=\"wp-block-paragraph\">The reserve, first established in December 2025, exists to fund dividend payments on Strategy\u2019s preferred equity securities and interest on its debt \u2014 a financial cushion the company has built as its capital structure grows more complex.<\/p>\n<p class=\"wp-block-paragraph\">The purchase was smaller than the prior two weeks. Strategy <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-restarts-bitcoin-purchases-1550\">acquired<\/a> 1,550 BTC for $101 million in the week ending June 7, then 1,587 BTC for $100 million in the week <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-spends-100-million-1587-bitcoin\">ending<\/a> June 14. The 520-coin tranche at an average price of $67,068 per coin represents a step back in volume, though Saylor gave no indication it marks a change in posture.<\/p>\n<p class=\"wp-block-paragraph\">He telegraphed the buy a day early, as has become his habit. On Sunday, he posted to X: \u201cLooks better with more dots.\u201d Followers of Strategy\u2019s weekly announcement cycle have come to treat the phrase as a near-certain preview of a Monday purchase disclosure.<\/p>\n<p class=\"wp-block-paragraph\">Saylor also used the weekend to address tensions inside the Bitcoin community. \u201cBitcoiners agree on the 99% that matters,\u201d he <a href=\"https:\/\/x.com\/saylor\/status\/2068585855136997745\">wrote<\/a> on X Sunday. \u201cWe shouldn\u2019t let the 1% divide us while nearly all global capital has yet to enter Bitcoin\u2019s monetary network. The opportunity is bigger than the argument.\u201d<\/p>\n<h2 class=\"wp-block-heading\">Strategy\u2019s bitcoin position<\/h2>\n<p class=\"wp-block-paragraph\">Strategy sits on a BTC position that, at current prices near $64,200 per coin, carries a market value around $54 billion. The company\u2019s aggregate cost basis across all purchases exceeds $64 billion, leaving it roughly $9.8 billion underwater at current prices. That gap has done nothing to slow the accumulation of cadence.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">Saylor has defended this posture in public forums for years, framing it as a <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-mstr-ceo-says-bitcoin-sale\">long-duration bet<\/a> on bitcoin\u2019s trajectory rather than a trade with a near-term exit.<\/p>\n<p class=\"wp-block-paragraph\">Strategy\u2019s stack now includes multiple layers. Strategy raises capital through at-the-market sales of its Class A common stock, its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and other preferred instruments carrying fixed dividend requirements.\u00a0<\/p>\n<p class=\"wp-block-paragraph\">In May, the company <a href=\"https:\/\/www.strategy.com\/press\/strategy-completes-1-5-billion-debt-repurchase-and-achieves-btc-yield-of-13-3-ytd-now-holds-843738-btc_05-26-2026\" target=\"_blank\">repurchased<\/a> $1.5 billion in convertible notes at an 8% discount to par, cutting its convertible debt load from $8.2 billion to $6.7 billion. It funded that move through a combination of cash reserves, a $2 billion STRC issuance, and $84 million in common stock sales.<\/p>\n<p class=\"wp-block-paragraph\">The $300 million reserve expansion announced Monday reflects the growing cost of maintaining that structure. Strategy\u2019s year-to-date BTC Yield \u2014 its internal metric tracking bitcoin per share accretion \u2014 stands at 11.8% as of the latest filing, down from 13.3% reported in late May.<\/p>\n<p class=\"wp-block-paragraph\">Strategy has now purchased bitcoin in each of the last three weeks after a brief period in late May that included the company\u2019s first disclosed BTC sale since 2022 \u2014 32 coins for $2.5 million, <a href=\"https:\/\/bitcoinmagazine.com\/news\/strategy-mstr-sells-bitcoin\">used<\/a> to fund a preferred dividend. CEO Phong Le called that sale a deliberate test of operational flexibility, not a retreat from the core strategy.<\/p>\n<p class=\"wp-block-paragraph\">The firm currently holds more bitcoin than any other public company on earth, a position it has built over six years through one of the most concentrated institutional bets on a single asset in corporate history.<\/p>\n<p class=\"wp-block-paragraph\">Fellow Bitcoin treasury firm Strive <a href=\"https:\/\/x.com\/ColeMacro\/status\/2069029270685688106?s=20\">acquired<\/a> 759 BTC last week, surpassing Strategy\u2019s 520 BTC purchase \u2014 a somewhat rare instance in which the smaller company accumulated more bitcoin than the world\u2019s largest corporate holder.<\/p>\n<p class=\"wp-block-paragraph\">\n<\/p><p>This post <a href=\"https:\/\/bitcoinmagazine.com\/news\/michael-saylors-strategy-buys-520-bitcoin\">Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion Strategy Inc. disclosed Monday it acquired 520 bitcoin for approximately $35 million in its third straight weekly purchase, bringing total holdings to 847,363 BTC while expanding its cash war chest to support growing obligations tied to its preferred stock program. [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":7673,"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-7672","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\/7672","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=7672"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/7672\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/7673"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=7672"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=7672"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=7672"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}