CoinDesk
Strategy (MSTR) acquired 1,550 bitcoin for $101 million at an average of roughly $65,161 per coin, lifting its treasury to 845,256 BTC, per a Monday filing. The firm also grew its USD reserve by $100 million to $1 billion, rebuilding the dollar buffer that funds its perpetual preferred dividend without forcing future coin sales.
Why it matters
Last week Strategy disclosed it had sold 32 bitcoin at an average of $77,135 — its first sale in four years — to cover the dividend on its STRC perpetual preferred stock. That 32-coin sale, trivial against an 845,000-coin treasury, still triggered a slide across crypto on fears Michael Saylor's accumulation era was ending. Monday's refilled dollar buffer reframes the sale: it was a one-off liquidity event, not the start of a distribution policy.
Market impact
BTC traded under $63,000 at the time of the filing, a level the 1,550-coin buy implies Saylor is willing to add through. The $1B cash buffer is the more durable signal — it removes the near-term path to a forced sale and lets the preferred dividend be serviced out of cash. Watch the next STRC dividend date for any repeat of the small-coin-sale pattern, but the structural buyer-of-last-resort read is intact.
Frequently asked questions
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How much bitcoin did Strategy buy in its latest purchase?
Strategy acquired 1,550 BTC for $101 million at an average of roughly $65,161 per coin, bringing its total holdings to 845,256 bitcoin per a Monday filing.
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Why did Strategy sell bitcoin last week, and is it selling more now?
Strategy sold 32 BTC at an average of $77,135 last week to fund the dividend on its STRC perpetual preferred stock — its first sale in four years. Monday's filing shows it then added 1,550 BTC and rebuilt its USD reserve to $1B, framing the sale as a one-off liquidity event, not a new distribution policy.
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What is Strategy's USD reserve, and why does it matter?
Strategy's USD reserve is the cash buffer used to service its perpetual preferred dividend without selling bitcoin. Lifting it to $1B removes the near-term path to a forced coin sale, which is the structural signal markets are reading.
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How did the market react to Strategy's last bitcoin sale?
The 32-BTC sale, trivial against an 845,000-coin treasury, still triggered a slide across crypto on fears that Michael Saylor's accumulation era was ending — a reaction Monday's buy-and-refill filing has now partially reversed.
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What price was bitcoin trading at when Strategy disclosed the buy?
BTC traded under $63,000 at the time of the Monday filing, with the 1,550-coin purchase priced at an average of ~$65,161, implying Saylor is willing to add through that level.
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