After hinting on Sunday that the company he co-founded had resumed buying Bitcoin, Michael Saylor confirmed minutes ago that the firm has purchased 1,550 BTC for just over $100 million, at an average price of $65,332.
That purchase raises the company’s total holdings to 845,256 BTC, acquired at an average cost of $75,680 per coin. With bitcoin having fallen below $64,000, the firm remains deeply underwater on its position, carrying a paper loss exceeding $10 billion—close to the recent record loss of roughly $12.5 billion.
Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC https://t.co/1Zf1AVsP1H
— Michael Saylor (@saylor) June 8, 2026
The company also boosted its cash reserve by $100 million, increasing its USD holdings to $1.0 billion. Last week, Strategy sold a small portion of its bitcoin for the first time since 2022, a move that drew scrutiny and sparked some market-wide concern.
Many crypto analysts and commentators reacted to the sale, warning that continued disposals by Strategy could further pressure bitcoin’s already fragile price. Others cautioned against reading too much into a single transaction.
Crypto commentator Michaël van de Poppe suggested that if the recent sale was a one-off and Strategy returns to accumulating BTC, the fears surrounding the sale would fade.
Separately, Michael Saylor published a detailed post outlining his view of bitcoin’s future. He argues the ecosystem will divide into four broad camps—Maximalists, Capitalists, Technologists, and Fundamentalists—each prioritizing different aspects of how bitcoin should evolve and be used.