Saylor’s Strategy buys 1,587 BTC for $100M, holdings hit 846.8K
Strategy bought 1,587 Bitcoin for $100 million between June 8 and Sunday, paying an average of $63,024 per BTC. That lowered its overall average purchase price slightly to $75,656. The company now holds 846,842 BTC, acquired for $64.07 billion total and currently worth about $56.1 billion at roughly $66,216 per coin. The purchase was funded by selling about 1.73 million Class A shares (MSTR), which raised around $209 million. No activity was reported for its preferred share programs during the week. Executive chairman Michael Saylor signaled the buy on X with “Still adding dots.” The acquisition follows a small 32 BTC sale disclosed on June 1, which sparked debate about whether Strategy is changing its usual buy-and-hold approach. Saylor said sales may be needed to support dividend-paying securities tied to the company’s digital credit business.
