Strategy Added 1,550 Bitcoin Last Week, Raising Holdings to 845,256 BTC
N.R. Finch
Strategy bought 1,550 bitcoin for $101.3 million last week, raising its total stash to 845,256 BTC — an immediate show of force after a rare sell-off the prior week rattled confidence in its 'never sell' pledge.
How much did it buy, and at what price?
Strategy acquired 1,550 BTC between June 1 and June 7, spending $101.3 million at an average price of $65,332.
Total holdings now stand at 845,256 BTC, purchased for a cumulative $63.97 billion at an average cost of $75,680.
This means → bitcoin's current price remains below Strategy's average cost basis — the entire position is underwater.
Where did the cash come from?
In the same week, Strategy sold 1.4096 million MSTR shares through its ATM equity program — a mechanism for selling stock in small batches on the open market — netting $181 million.
As of June 7, $25.9561 billion of issuance capacity remains, including a $21 billion expansion announced in March.
In plain terms = the company keeps selling its own stock for cash, then using that cash to buy bitcoin — and the ammunition for this loop is still deep.
Why did it sell bitcoin the week before?
Between May 26 and May 31, Strategy made a rare sale of 32 BTC (roughly $2.5 million) to cover preferred-stock dividends.
It was the company's first bitcoin sale since 2022, prompting questions about its 'never sell' commitment.
MSTR shares came under pressure, and bitcoin itself briefly fell below $60,000 to a four-month low.
It sold, then immediately bought more — what does that signal?
Standard Chartered had predicted Strategy would buy more aggressively after the sell-off to restore market confidence — this week's purchase confirmed that call.
This means → the 32-BTC sale was a passive obligation to pay dividends, not a strategic pivot; the large follow-up purchase reveals the company's true intent.
This reflects an unchanged core playbook: sell equity, buy bitcoin — using the listed company's fundraising power to keep expanding crypto exposure.
Content is for reference only, not financial advice.