Bitcoin News

Strategy Adds 1,550 BTC for $101M, Raising Holdings to 845,256 BTC

Strategy, led by Michael Saylor, bought 1,550 more BTC for about $101.3 million (average ~$65,332) between June 1–7, lifting its total to 845,256 BTC (roughly $53.5 billion). The purchases were funded via ATM sales of MSTR stock, the firm’s USD reserves rose to $1 billion, and the stake now accounts for just over 4% of Bitcoin’s supply, implying about $10.5 billion in paper losses at current prices.