Strategy has resumed its Bitcoin accumulation, purchasing 1,550 BTC for approximately $101 million and lifting its total holdings to 845,256 BTC. The acquisition follows last week's sale of 32 BTC, which the company said was a targeted move to fund preferred stock distributions rather than a shift in its core treasury thesis.
Why it matters
The speed of the reversal is the signal: within days of a small, operationally motivated sale, Strategy returned to the bid at scale. That pattern reinforces the read that any near-term BTC liquidation from the firm is tactical and balance-sheet-driven, not a strategic retreat. Alongside the purchase, Strategy raised its USD Reserve from $900 million to $1 billion, giving it additional dry powder to absorb future dips or fund corporate obligations without touching its BTC stack.
Market impact
At 845,256 BTC, Strategy now holds roughly 4% of Bitcoin's total capped supply, cementing its position as the largest corporate holder by a wide margin. The $101 million buy at current prices signals continued conviction above the $60K–$65K range. Traders watching for institutional demand floors will note that Strategy's return to accumulation this quickly after a minor sale removes one potential overhang from the near-term order book.
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