Strategy Adds 1,587 Bitcoin as Holdings Climb Above 846,000 BTC Total

• Strategy acquired 1,587 Bitcoin, pushing holdings above 846,000 BTC.
• Stock sales generated capital while supporting continued Bitcoin accumulation.
• Company increased cash reserves as corporate Bitcoin adoption expands.

Strategy has expanded its Bitcoin treasury once again, acquiring 1,587 BTC and pushing its total holdings to 846,842 coins. The latest purchase, disclosed in a filing with the U.S. Securities and Exchange Commission, reinforces the company’s position as the largest corporate holder of Bitcoin by a wide margin. The company spent approximately $100 million on the acquisition between June 8 and June 14. Strategy purchased the Bitcoin at an average price of $63,024 per coin, continuing a long-running accumulation strategy led by Executive Chairman Michael Saylor.

With the latest addition, Strategy’s Bitcoin reserves are now worth roughly $56 billion based on current market prices. Saylor stated that the company has spent approximately $64.1 billion acquiring its Bitcoin holdings, including fees and related expenses. The growing stockpile now represents more than 4% of Bitcoin’s maximum supply of 21 million coins. Consequently, Strategy remains in a league of its own among public companies that have adopted Bitcoin treasury strategies.

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Strategy Uses Equity Sales to Fund Expansion

Strategy financed the latest acquisition through its at-the-market stock sale program. During the reporting period, the company sold 1.73 million shares of its Class A common stock, generating approximately $209 million in proceeds. Additionally, the company disclosed that $25.75 billion worth of MSTR shares remains available for future issuance and sale. Management has also expanded its fundraising options through additional common and preferred stock programs designed to support future Bitcoin purchases.

Meanwhile, Saylor signaled another acquisition before the official announcement. On Sunday, he posted Strategy’s Bitcoin tracker chart alongside the message “Still adding dots,” a phrase widely recognized by investors as an indication that another purchase disclosure was imminent. Besides adding Bitcoin, Strategy also increased its cash reserves. Company filings showed its dollar reserve balance reached $1.1 billion as of June 14, up from $1 billion one week earlier.

The reserve increase follows recent debate among analysts regarding the company’s liquidity position. Some market observers questioned whether Strategy would need larger cash buffers to support dividend obligations tied to its preferred stock offerings.

Cash Reserve Growth Draws Attention

Strategy’s preferred stock product, STRC, previously served as a major source of capital for Bitcoin purchases. However, the instrument has traded below its intended $100 value since mid-May, limiting its contribution to recent acquisitions. To improve investor participation, shareholders recently approved a proposal to shift STRC dividend payments from monthly distributions to twice-monthly payments. Company executives said the change could improve liquidity while creating more opportunities for reinvestment.

At the same time, Strategy continues to dominate the growing corporate Bitcoin sector. Data from Bitcoin Treasuries shows that nearly 200 public companies now hold Bitcoin on their balance sheets. Companies including Metaplanet, MARA, Coinbase, Riot Platforms, and SpaceX have all accumulated significant Bitcoin positions. However, Strategy’s holdings remain substantially larger than those of any competitor.

Strategy’s latest $100 million Bitcoin purchase pushed its holdings above 846,000 BTC while strengthening its lead among corporate Bitcoin owners. The company is also expanding its cash reserves and funding capacity as it continues executing its long-term Bitcoin accumulation strategy.

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