Strategy purchased 1,587 bitcoin for approximately $100 million between June 8 and June 14 at an average price of $63,024 per bitcoin. The acquisition was funded through proceeds from at-the-market sales of 1,732,553 shares of Strategy's Class A common stock, MSTR, which generated approximately $209 million, according to a Securities and Exchange Commission filing. The purchase brings Strategy's total bitcoin holdings to 846,842 BTC, making it the largest corporate bitcoin holder with a position worth about $56 billion at current prices compared to an aggregate purchase cost of roughly $64.1 billion including fees and expenses, representing approximately $8.1 billion in paper losses.
Strategy Purchases 1,587 Bitcoin Using MSTR Stock Sale Proceeds
Strategy purchased 1,587 bitcoin for approximately $100 million between June 8 and June 14, paying an average price of $63,024 per bitcoin, according to a filing with the Securities and Exchange Commission. The purchase brings the company's total holdings to 846,842 BTC, making Strategy the largest corporate bitcoin holder. The position is worth about $56 billion at current prices, compared with an aggregate purchase cost of roughly $64.1 billion, including fees and expenses.
The latest acquisition was funded through proceeds from at-the-market sales of Strategy's Class A common stock, MSTR. The company sold 1,732,553 shares last week for approximately $209 million. As of June 14, it still had $25.75 billion of MSTR shares available for issuance and sale under the program.
Co-founder and executive chairman Michael Saylor previewed the latest acquisition with a chart captioned "Still adding dots," a phrase widely read by market participants as a signal that the company would disclose new bitcoin purchases for the previous week.
Strategy Reports $8.1 Billion Paper Loss on Bitcoin Holdings
Strategy's bitcoin holdings now represent more than 4% of bitcoin's fixed 21 million supply cap. At current prices, the company's bitcoin position implies roughly $8.1 billion in paper losses versus total acquisition cost.
The company recently expanded its capital programs to include up to an additional $21 billion of MSTR, another $21 billion of STRC preferred stock, and $2.1 billion of STRK preferred stock.
Strategy Increases USD Reserve to $1.1 Billion
Strategy said its USD reserve stood at $1.1 billion as of June 14, up from $1 billion a week earlier. Analysts said a recent 32 BTC sale raised concerns in the market and suggested the company may need a larger cash buffer to support dividend payments.
Strategy's STRC preferred stock carries an annualized rate of 11.5%. STRC has struggled to regain par value since mid-May and has not been used to fund additional bitcoin purchases over the past month.
Shareholders last week approved a proposal to shift STRC dividends from monthly to twice-monthly payments. "Paying dividends on STRC twice a month is designed to stabilize price, dampen cyclicality, drive liquidity, and grow demand for STRC, while giving STRC holders a faster reinvestment opportunity," Strategy President and CEO Phong Le said.
Bitcoin Treasury Companies Face Market Cap Compression
Public companies adopting bitcoin acquisition models have expanded sharply, with nearly 200 firms now holding bitcoin as part of their treasury strategy. Other large holders include Twenty One, Metaplanet, MARA, Bitcoin Standard Treasury Company, Bullish, Strive, SpaceX, Coinbase, and Riot Platforms.
Many treasury companies have seen their share prices fall sharply from their summer 2025 peaks as market cap-to-net asset value ratios contracted. Strategy's own stock remains down significantly from prior highs, with different data providers placing its market value relative to net asset value below or modestly above 1 depending on treatment of debt and preferred securities.
FAQ
What did Strategy purchase between June 8 and June 14?
Strategy purchased 1,587 bitcoin for approximately $100 million between June 8 and June 14, paying an average price of $63,024 per bitcoin. The acquisition was funded through proceeds from at-the-market sales of 1,732,553 shares of Strategy's Class A common stock, MSTR, which generated approximately $209 million.
How many bitcoin does Strategy hold in total?
Strategy's total bitcoin holdings stand at 846,842 BTC as of June 14, making it the largest corporate bitcoin holder. The position is worth about $56 billion at current prices, compared with an aggregate purchase cost of roughly $64.1 billion including fees and expenses, representing approximately $8.1 billion in paper losses.
What is Strategy's current USD reserve balance?
Strategy's USD reserve stood at $1.1 billion as of June 14, up from $1 billion a week earlier. Analysts said a recent 32 BTC sale raised concerns in the market and suggested the company may need a larger cash buffer to support dividend payments.
