Strategy acquired 520 BTC for $34.9M at $67,068 per coin, funded by $335.5M in MSTR stock sales, as its USD Reserve reached $1.4B.
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Strategy buys 520 bitcoin for $34.9M as cash reserve hits $1.4B
Strategy Inc. acquired 520 bitcoin for $34.9 million at an average price of $67,068 per coin, the company's third straight weekly purchase, bringing total holdings to 847,363 BTC.
Executive Chairman Michael Saylor disclosed the transaction on X Monday, noting the company also raised its USD Reserve by $335 million to $1.4 billion. The reserve, first established in December 2025, funds dividend payments on Strategy's preferred equity securities and interest on its debt. The purchase was funded through the sale of roughly 2.7 million MSTR shares via at-the-market programs, according to a Monday filing.
The 520-coin tranche represents a step back in volume from the prior two weeks. Strategy acquired 1,550 BTC for $101 million in the week ending June 7, then 1,587 BTC for $100 million in the week ending June 14. Fellow bitcoin treasury firm Strive surpassed Strategy's weekly total, acquiring 759 BTC over the same period. Strategy's year-to-date BTC Yield — an internal metric tracking bitcoin per share accretion — stood at 11.8% as of the latest filing, down from 13.3% reported in late May.
Strategy's bitcoin position carries a market value of roughly $54 billion at current prices near $64,200, against an aggregate cost basis exceeding $64 billion. The company has now purchased bitcoin in each of the last three weeks after a brief period in late May that included its first disclosed BTC sale since 2022 — 32 coins for $2.5 million, used to fund a preferred dividend. Saylor telegraphed the latest buy on Sunday with a post on X: "Looks better with more dots," a phrase followers of the company's weekly announcement cycle have come to treat as a near-certain preview of a Monday purchase disclosure. He also addressed divisions inside the bitcoin community over the weekend, writing: "Bitcoiners agree on the 99% that matters. We shouldn't let the 1% divide us while nearly all global capital has yet to enter Bitcoin's monetary network."
The company's expanding capital structure — including at-the-market equity programs for MSTR, STRC, and STRK preferred instruments — provides ongoing firepower for further acquisitions but also carries growing fixed-dividend obligations. Strategy's convertible debt load stands at $6.7 billion after the company repurchased $1.5 billion in notes at an 8% discount to par in May. JPMorgan analysts have projected Strategy could allocate roughly $32 billion toward bitcoin purchases through 2026, contingent on continued equity market access and manageable debt service costs.
This article is for informational purposes only and does not constitute investment advice.
[1] Strategy Adds 520 BTC in Fresh $34.9 Million Purchase at a $67,068 Average Price[2] Michael Saylor’s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion[3] Strategy's USD reserve balance rises to $1.4B as of June 21[4] Strategy (MSTR) Stock Surges as Saylor Hints at Fresh Bitcoin Acquisition[5] Strategy buys 520 Bitcoin for $35M, raises dollar reserve to $1.4B in single week
