Strategy Buys 1,587 BTC for $100M, Lowers Average Cost Basis

Jun 16, 2026 - 04:30
Strategy Buys 1,587 BTC for $100M, Lowers Average Cost Basis
Timothy Morano Jun 15, 2026 14:14 Michael Saylor’s Strategy acquired 1,587 BTC for $100M, funded through MSTR stock sales, bringing its total holdings to 846,842 BTC. Michael Saylor’s Strategy, the largest publicly traded corporate holder of Bitcoin, has added another 1,587 BTC to its reserves, spending $100 million. The purchase, completed between June 8 and...

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