Strategy buys 1,587 BTC for $100M, reserves hit 846,842 BTC!

Michael Saylor's Strategy has acquired 1,587 Bitcoin for approximately $100 million, pushing the firm's total BTC reserve to 846,842 BTC. The purchase was announced directly by Saylor on X on June 15, 2026, alongside the disclosure that Strategy has also grown its USD reserve by $100 million to $1.1 billion — a dual-reserve expansion that underscores the company's continued commitment to both fiat liquidity and Bitcoin accumulation.

Why it matters

Strategy's latest buy arrives at a moment when the broader market is debating whether Bitcoin has already found its cycle bottom. The firm's willingness to deploy $100 million in fresh capital — funded through a share sale — signals that Saylor and his team see current price levels as an attractive entry, not a risk to manage. At 846,842 BTC, Strategy now holds a position whose scale is rivalled by almost no other public company on earth, making each new purchase a macro-level signal for institutional sentiment.

Market impact

The announcement reinforces the structural bid that has kept BTC supported through recent volatility. When the largest corporate Bitcoin holder continues to buy through drawdowns, it compresses the available liquid supply and sends a confidence signal to other institutional allocators watching from the sidelines. The simultaneous $1.1 billion USD reserve also suggests Strategy is positioning for further opportunistic buys, meaning this $100 million tranche may not be the last move of the cycle.