Crypto News
Strategy (formerly MicroStrategy) acquired 1,587 BTC for $100 million, lifting Michael Saylor's corporate Bitcoin reserve to 846,842 BTC, according to a post by Saylor on X. The company also topped up its USD reserve by $100 million to $1.1 billion, leaving dry powder for the next leg of accumulation.
Why it matters
Saylor's two-year-old playbook — issue equity or convertibles, buy spot BTC, hold — is still functioning, even as the pace has cooled from the billion-dollar weekly cadence of late 2024. The structure is the signal: a freshly minted $100M cash position sitting alongside the BTC buy implies a follow-on raise is already in motion, not just opportunistic accumulation off the balance sheet.
Market impact
The print lands two weeks after Strategy's last disclosed buy, in a window where spot $BTC has chopped sideways around the lows. For the institutional bid ledger, the message is unchanged — the largest single corporate holder is still a price-insensitive buyer at these levels, with another $1.1B in cash to deploy before any new capital raise is needed.
Frequently asked questions
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How much Bitcoin does Strategy (MicroStrategy) now hold?
Strategy's corporate Bitcoin reserve now stands at 846,842 BTC after the latest 1,587 BTC purchase disclosed by Michael Saylor on June 15, 2026.
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How much did Strategy pay for this latest Bitcoin purchase?
Strategy acquired 1,587 BTC for $100 million, and the company also increased its USD reserve by $100 million to $1.1 billion, leaving fresh dry powder for the next accumulation leg.
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Is Strategy still buying Bitcoin in 2026?
Yes. The June 15, 2026 disclosure shows Strategy is still actively adding to its position, though the $100M ticket is smaller than the billion-dollar weekly cadence the company ran in late 2024.
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What is Strategy's USD reserve used for?
The $1.1B USD reserve is dry powder earmarked for additional Bitcoin purchases, typically funded by equity issuance or convertible-note raises rather than operating cash flow.
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Why does Strategy's Bitcoin buying matter for the market?
Strategy is the largest single corporate holder of BTC, and its price-insensitive accumulation has acted as a structural bid on the institutional side; continued buying signals that the largest balance-sheet buyer still views current levels as attractive entry points.
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