Strategy Buys 1,587 Bitcoin for $100 Million, Taking Holdings to 846,842 BTC
Strategy said it acquired 1,587 Bitcoin for $100 million between June 8 and June 14 at an average price of $63,024 per coin, lifting its total holdings to 846,842 BTC. The company also said it increased its US dollar reserve by $100 million to $1.1 billion.
The purchase confirms Michael Saylor's weekend signal that Strategy was continuing to add to its Bitcoin position. It also follows a recent 32-Bitcoin sale that Chief Executive Officer Phong Le said was intended to test the company's selling process, "inoculate the market" and generate tax losses, rather than fund dividends.
From the sources (25 posts)
@saylorRT @phongle: My conversation with @scottmelker on @YahooFinance on @Strategy, the largest holder of Bitcoin in the world, why $GOOG and $MS…
@wublockchainStrategy CEO: We Sold 32 BTC to Inoculate the Market and Test Our Selling Process Strategy CEO Phong Le @phongle said in a June 11 interview with CNBC that the company sold 32 BTC mainly to inoculate the market and test its internal sell
@saylorStill adding dots.
@bitcoinmagazineJUST IN: Michael Saylor hints that Strategy bought more Bitcoin 🚀
@bitcoinmagazineRT @BitcoinMagazine: JUST IN: Michael Saylor hints that Strategy bought more Bitcoin 🚀
@cointelegraph🔥 SAYLOR: "Still adding dots." Another week, another buy?
@kalshi_cryptoJUST IN: Michael Saylor's 'Strategy' buys $105M worth of Bitcoin
@deitaone$MSTR - STRATEGY BOUGHT 1,587 BTC ($100.0M) AT AN AVERAGE PRICE OF $63,024
@saylorStrategy has acquired 1,587 BTC for $100 million to increase our $BTC Reserve to ₿846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR $STRC
@coingeckoJUST IN: Strategy purchases another 1,587 Bitcoin for ~$100M, bringing its total holdings to 846,842 $BTC.
@bitcoinmagazineJUST IN: Michael Saylor's Strategy bought 1,587 Bitcoin for $100 million! 🚀
@cointelegraph🔥 JUST IN: Strategy bought 1,587 BTC for $100M. They now hold 846,842 BTC.
@zerohedgeRT @saylor: Strategy has acquired 1,587 BTC for $100 million to increase our $BTC Reserve to ₿846,842. We have also increased our USD Reser…
@bitcoinnews💰🟠 Strategy pics up another 1,587 #Bitcoin, bringing their total holdings up to 846,842 $BTC.
@zerohedgeSTRATEGY BUYS 1,587 BITCOIN FOR $100MM, INCREASING ITS BITCOIN RESERVE TO ₿846,842; ALSO INCREASED ITS USD RESERVE BY $100MM TO $1.1BN
@theblockco'Still adding dots': Michael Saylor's Strategy buys another 1,587 bitcoin for $100 million as total holdings reach 846,842 BTC
@tyler_did_itSo Saylor’s adding $100M in cash per week Seems to remove any “implosion” risk over the near term
@lookonchainMichael Saylor(@saylor)'s @Strategy bought another 1,587 $BTC($100M) at $63,024 last week. Strategy now holds 846,842 $BTC($56B) at an average price of $75,656 and is currently sitting on an unrealized loss of $8.06B(-12.59%). https://t.c
@wublockchainStrategy Buys 1,587 BTC for $100M, Holdings Rise to 846,842 BTC Strategy acquired 1,587 BTC for approximately $100 million between June 8 and June 14, at an average purchase price of $63,024 per BTC. As of June 14, Strategy holds 846,84
@maxcrypto🚨 BREAKING 🚨 Micheal Saylor's Strategy has bought 1,587 $BTC for $100 million. For every seller, there is Saylor.
@cryptoroverNEWS: 🇺🇸 Michael Saylor's Strategy $MSTR buys 1,587 Bitcoin worth $105 million.
@scottmelkerBREAKING: STRATEGY $MSTR BUYS 1,587 $BTC FOR $100M, NOW HOLDS 846,842 $BTC WORTH ~$56.1B
@tftc21Strategy bought another 1,587 BTC. Now holds 846,842. Also upped their cash reserve to $1.1B
@coindeskNEW: Michael @Saylor's @Strategy has acquired 1,587 $BTC for $100M, bringing total holdings to 846,842 BTC. USD reserves also increased by $100M to $1.1B .
@coinmarketcapJUST IN: ⚡ Strategy bought 1,587 Bitcoin for $100M at an average price of $63,024 per coin, bringing its total holdings to 846,842 BTC.