Strategy Acquires 1,550 Bitcoin for $101 Million
Strategy has purchased 1,550 Bitcoin for $101 million, increasing its total holdings to 845,256 Bitcoin, according to CoinDesk. Additionally, it has boosted its cash reserves by $100 million, bringing the total to $1 billion.
Strategy, also known as MicroStrategy (MSTR), has made a significant addition to its Bitcoin holdings by acquiring 1,550 Bitcoin for approximately $101 million, averaging about $65,161 per coin. This latest purchase increases its treasury to a total of 845,256 Bitcoin.
In conjunction with the Bitcoin acquisition, Strategy also raised its USD reserves by $100 million, bringing its total cash reserve to $1 billion, as detailed in a recent filing. The firm previously disclosed a sale of 32 Bitcoin at an average price of $77,135 each, marking its first sale in four years. This sale was conducted to fund the dividend payment on its STRC perpetual preferred stock, which had raised concerns in the market regarding the end of CEO Michael Saylor's accumulation phase.
This new purchase by Strategy could signal a renewed commitment to Bitcoin acquisition, especially after pushing back against market fears related to its previous sale. Observers will be looking for any further developments regarding Strategy's investment strategy and its approach to market volatility.
Summary based on original reporting by Shaurya Malwa at CoinDesk, originally published Jun 8, 2026. SolanaWire does not republish source content.
Strategy Purchases 1,550 Bitcoin, Rebuilds Cash Reserves After Recent Stock Drop
Strategy, a prominent Bitcoin investment firm, has acquired 1,550 Bitcoin for $101 million, raising its total holdings to 845,256 BTC. The purchase comes after a week marked by their largest stock decline since November 2022, as reported by Decrypt.
20 minutes ago·Decrypt·Reported by André Beganski
CoinDesk 20 Index Sees NEAR Protocol Gain 12.3%
The CoinDesk 20 Index rises 6.7% as nearly all assets show gains, led by NEAR Protocol which increases by 12.3%. CoinDesk reports that nineteen out of twenty assets in the index are trading higher.
50 minutes ago·CoinDesk·Reported by CoinDesk Indices
MetaMask Introduces Self-Custodial AI Agent Wallet for DeFi Transactions
MetaMask has launched a self-custodial AI agent wallet aimed at enabling autonomous trading across decentralized finance platforms, according to CoinDesk. The new wallet prioritizes security, incorporating features such as transaction simulations and a protection program covering up to $10,000 in potential losses.
1 hour ago·CoinDesk·Reported by Margaux Nijkerk
Bitmine Makes Largest Ether Purchase of 2026 Amid Price Drop
Bitmine has acquired 126,971 ether worth approximately $214 million, its biggest purchase in 2026, according to CoinDesk. Despite previous advisories to slow down buying, chairman Tom Lee asserts that the current dip does not reflect Ethereum's strengthening fundamentals.
1 hour ago·CoinDesk·Reported by Krisztian Sandor
Trending this week
Bitcoin's Weekend Rebound Liquidates $540M in Shorts
Bitcoin's price surged to $63,800 over the weekend, liquidating $540 million in short positions, the highest amount since mid-April, according to Decrypt. Experts remain cautious about this rebound, suggesting that it does not confirm a trend reversal yet.
1 hour ago·Decrypt·Reported by Akash Girimath
Bitcoin Recovers to $63.5K After Brief Plunge Below $60K
Bitcoin rebounds to approximately $63,000 following a dip below $60,000 on June 8, driven by strong jobs data and liquidity issues. The cryptocurrency market overall has lost roughly $2.5 trillion in value since its all-time high in October 2025, according to Decrypt.
2 hours ago·Decrypt·Reported by Tyler Warner
Strategy Acquires 1,550 Bitcoin Worth $101 Million
On June 8, 2026, Strategy announced the purchase of 1,550 bitcoin for approximately $101 million, marking its first acquisition after selling $2.5 million worth of BTC. The company also raised $181 million through stock sales, increasing its cash reserves to $1 billion, according to CoinDesk.
2 hours ago·CoinDesk·Reported by James Van Straten
Bitcoin's MVRV Z-Score Signals Potential End to Market Downturn
Bitcoin's MVRV Z-Score approaches a historical bottom, indicating the market price is nearing its realized fair value, according to CoinDesk. The metric typically signals potential recovery points following major sell-offs, which have frequently coincided with the initiation of new market rallies.
2 hours ago·CoinDesk·Reported by Omkar Godbole
