Strategy, the Michael Saylor-led Bitcoin treasury company formerly known as MicroStrategy, added 520 BTC last week for roughly $35 million at an average price of $67,068, according to a Form 8-K filing.
The purchase brings Strategy's total holdings to 847,363 BTC, currently worth about $54.96 billion at recent prices. The stack was accumulated at an average cost basis of $75,651, leaving the company sitting on an unrealized loss of roughly $9.15 billion, or -14.27%.
Why it matters
Saylor has continued buying through the drawdown rather than pausing, reinforcing the playbook that turned Strategy into the largest corporate holder of Bitcoin. The purchase cadence, in size and timing, signals that the company views current prices as a continuation of its long-term accumulation thesis rather than a reason to wait.
Market impact
The 520 BTC add is small relative to Strategy's overall stack, but the average price is well below its $75,651 cost basis, marginally improving the per-coin entry. For the market, the signal is the consistency: another week, another tranche, no pause even as the aggregate position remains underwater. Investors tracking the corporate-Bitcoin treasury complex will read the filing as confirmation that Strategy's accumulation policy is unchanged.
Source: [source](https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt2e9f099c6f750e42/6a38b76f0bbfd04b0ded59bf/form-8-k_06-22-2026.pdf)
Frequently asked questions
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How much Bitcoin did Strategy buy last week?
Strategy bought 520 BTC for roughly $35 million at an average price of $67,068, according to a Form 8-K filing.
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How much Bitcoin does Strategy now hold?
Strategy's total holdings stand at 847,363 BTC, valued at approximately $54.96 billion at recent prices.
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What is Strategy's average cost basis on its Bitcoin?
The average cost basis across Strategy's full stack is $75,651 per BTC.
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Is Strategy in profit or loss on its Bitcoin holdings?
Strategy is currently sitting on an unrealized loss of roughly $9.15 billion, or -14.27%, against its average cost basis.
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What does this purchase signal about Strategy's strategy?
Saylor continued buying through the drawdown at a price well below the company average, reinforcing the playbook of consistent accumulation rather than waiting for lower prices.
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