Blab Crypto
Strategy Buys 520 Bitcoin, Boosts Cash Reserves to $1.4 B Amid Continued Weekly Accumulation
On Monday, MicroStrategy—now simply Strategy—announced a fresh purchase of 520 BTC for roughly $34.9 million. The deal, the firm’s third straight weekly acquisition, pushes its total holdings to 847,363 BTC, a figure disclosed in a filing released to the SEC.
Strategy financed the buy by selling 2.7 million shares of common stock, raising $335.5 million. The balance of the proceeds was deposited into the company’s cash reserves, lifting its dollar balance to $1.4 billion. CoinDesk reported the transaction.
The buying streak began on June 8, when Strategy added 1,550 BTC for about $101.3 million. A week later, on June 15, it purchased an additional 1,587 BTC for $100 million. These three consecutive weeks of purchases underscore the firm’s aggressive accumulation plan that has carried through the rest of 2026.
The cash‑reserve bump serves a clear purpose: it reassures investors about dividend payments on Strategy’s perpetual preferred stock, STRC. STRC has traded below its $100 par value in recent weeks, falling to a record low under $83 before recovering to $90.43 on Monday, according to CoinDesk. The firm’s common stock, MSTR, climbed 3.5 % on the same day as Bitcoin hovered near $65,000.
Strategy has become the dominant institutional Bitcoin buyer in 2026. CNBC reports that the share of Bitcoin purchases from treasury companies outside Strategy has dropped to just 2 %—a steep decline from 95 % in October 2025. The concentration reflects CEO Michael Saylor’s goal of owning between 3 % and 7 % of Bitcoin’s 21 million total supply. The company now holds roughly 4 % of all Bitcoin that will ever exist.
The firm’s buying has been largely funded through equity sales rather than debt. The sale of common shares to finance the latest purchase and the addition of cash reserves signal a preference for liquidity over leverage. The strategy also aligns with Saylor’s public advocacy for Bitcoin as a hedge against fiat currency depreciation.
Market observers note that no other corporate treasuries have matched Strategy’s pace. The decline in external treasury purchases suggests that Strategy’s accumulation is largely independent of broader institutional demand. With holdings now over 847,000 BTC, the firm’s stake represents a significant portion of the total supply and has a measurable impact on market liquidity.
The company’s $1.4 billion cash reserve provides a buffer for dividend payments on STRC and for any future Bitcoin purchases. Strategy has not announced plans to sell any of its Bitcoin holdings, and its recent buying activity indicates a continued focus on long‑term accumulation.
In short, Strategy’s latest purchase of 520 BTC—funded by a sale of common shares—has increased its total holdings to 847,363 BTC and raised its cash reserves to $1.4 billion. The firm’s aggressive buying continues to shape institutional Bitcoin ownership, while its robust cash position supports dividend commitments on its preferred stock.
Strategy financed the buy by selling 2.7 million shares of common stock, raising $335.5 million. The balance of the proceeds was deposited into the company’s cash reserves, lifting its dollar balance to $1.4 billion. CoinDesk reported the transaction.
The buying streak began on June 8, when Strategy added 1,550 BTC for about $101.3 million. A week later, on June 15, it purchased an additional 1,587 BTC for $100 million. These three consecutive weeks of purchases underscore the firm’s aggressive accumulation plan that has carried through the rest of 2026.
The cash‑reserve bump serves a clear purpose: it reassures investors about dividend payments on Strategy’s perpetual preferred stock, STRC. STRC has traded below its $100 par value in recent weeks, falling to a record low under $83 before recovering to $90.43 on Monday, according to CoinDesk. The firm’s common stock, MSTR, climbed 3.5 % on the same day as Bitcoin hovered near $65,000.
Strategy has become the dominant institutional Bitcoin buyer in 2026. CNBC reports that the share of Bitcoin purchases from treasury companies outside Strategy has dropped to just 2 %—a steep decline from 95 % in October 2025. The concentration reflects CEO Michael Saylor’s goal of owning between 3 % and 7 % of Bitcoin’s 21 million total supply. The company now holds roughly 4 % of all Bitcoin that will ever exist.
The firm’s buying has been largely funded through equity sales rather than debt. The sale of common shares to finance the latest purchase and the addition of cash reserves signal a preference for liquidity over leverage. The strategy also aligns with Saylor’s public advocacy for Bitcoin as a hedge against fiat currency depreciation.
Market observers note that no other corporate treasuries have matched Strategy’s pace. The decline in external treasury purchases suggests that Strategy’s accumulation is largely independent of broader institutional demand. With holdings now over 847,000 BTC, the firm’s stake represents a significant portion of the total supply and has a measurable impact on market liquidity.
The company’s $1.4 billion cash reserve provides a buffer for dividend payments on STRC and for any future Bitcoin purchases. Strategy has not announced plans to sell any of its Bitcoin holdings, and its recent buying activity indicates a continued focus on long‑term accumulation.
In short, Strategy’s latest purchase of 520 BTC—funded by a sale of common shares—has increased its total holdings to 847,363 BTC and raised its cash reserves to $1.4 billion. The firm’s aggressive buying continues to shape institutional Bitcoin ownership, while its robust cash position supports dividend commitments on its preferred stock.
