Strategy Erases Last Week’s Bitcoin Sale With 1,550 BTC Purchase

bitcoinistPublished on 2026-06-09Last updated on 2026-06-09

Abstract

Strategy, a major Bitcoin treasury firm, has made a substantial purchase of 1,550 BTC for approximately $101 million. This acquisition completely offsets the company's sale of 32 BTC just one week prior, which had negatively impacted market sentiment. Following this buy, Strategy's total Bitcoin holdings have reached a new record of 845,256 BTC. The company's leadership, including Chairman Michael Saylor and CEO Phong Le, emphasized their ongoing strategy to accumulate Bitcoin over time. Concurrently, Strategy added $100 million to its USD reserve, bringing its total to $1 billion, to ensure dividend payments. The purchase was reportedly funded through sales of the company's stock. Meanwhile, U.S. Bitcoin spot ETFs experienced a fourth consecutive week of net outflows, totaling $1.72 billion last week. Bitcoin's price is currently around $63,400, reflecting a nearly 12% decline over the past seven days.

Bitcoin treasury firm Strategy has already more than made up for last week’s 32 BTC sale as it has announced a new major acquisition.

Strategy Has Just Added To Both Bitcoin And USD Reserves

In a new post on X, Strategy co-founder and chairman Michael Saylor has shared details related to the latest Bitcoin acquisition completed by the treasury company. With this purchase, the firm has expanded its reserves by a total of 1,550 BTC.

The buy has come just a week after Strategy shocked the market with a sale of 32 BTC, ending a long accumulation streak since late 2020. While the scale of the sale was small, the fact that such a resolute buyer of the asset participated in selling was enough to affect sentiment in the sector, with BTC observing a major price drawdown.

The return to accumulation just one week later, however, has already completely reversed the effect that the sale had on Strategy’s holdings. Following this purchase, which cost about $101 million, the firm’s reserves have grown to 845,256 BTC, which is a new record.

In his usual Sunday X post, Saylor already foreshadowed a continuation of buying for Strategy, sharing the company’s BTC portfolio with the caption, “A good time to add more dots.”

Phong Le, the firm’s CEO, quote-reposted the post, noting, “Our corporate @Strategy is to increase net Bitcoin and Bitcoin per share over time. Rumors otherwise are just rumors.”

The latest Bitcoin purchase has also arrived with an addition to Strategy’s USD reserves. The firm established this reserve last year with the aim of creating a buffer that would allow timely dividend payments regardless of market conditions.

According to Saylor, the company has just added another $100 million to this reserve, taking its total value to $1 billion. Earlier, the reserve had a notably higher value than this, indicating that the firm has been relying on it to pay dividends amid the current market downturn.

The 8-K filing with the US Securities and Exchange Commission (SEC) suggests that Strategy fueled the new Bitcoin buy with sales of its MSTR at-the-market (ATM) stock offering. The USD reserve has been funded similarly, although the filing noted that the $100 million expansion amount includes cash proceeds that are yet to be settled.

In some other news, the US Bitcoin spot exchange-traded funds (ETFs) posted another week of net outflows last week, according to data from SoSoValue. A total of $1.72 billion left these funds with this red netflow spike.

The trend in the US BTC spot ETF netflow over the last couple of years | Source: SoSoValue

From the chart, it’s visible that this was the fourth consecutive week of negative netflows for the Bitcoin spot ETFs.

BTC Price

At the time of writing, Bitcoin is floating around $63,400, down nearly 12% in the last seven days.

The price of the coin seems to have been moving sideways over the last few days | Source: BTCUSDT on TradingView

Related Questions

QWhat did Bitcoin treasury firm Strategy announce regarding its Bitcoin holdings, and how does it relate to a previous transaction?

AStrategy announced a new acquisition of 1,550 BTC, which more than makes up for last week's sale of 32 BTC. This purchase completely reversed the effect the small sale had on the firm's total holdings.

QWhat is the total value of Bitcoin that Strategy now holds in its reserves following this latest purchase?

AFollowing the purchase of 1,550 BTC for approximately $101 million, Strategy's total Bitcoin reserves have grown to a record 845,256 BTC.

QAccording to the article, how did Strategy reportedly fund the recent Bitcoin purchase and the addition to its USD reserve?

AAccording to an 8-K filing with the SEC, Strategy fueled the new Bitcoin buy with sales of its MSTR at-the-market (ATM) stock offering. The $100 million addition to its USD reserve was also funded similarly, including proceeds that are yet to be settled.

QWhat has been the recent trend for U.S. Bitcoin spot exchange-traded funds (ETFs), as reported by SoSoValue data?

AData from SoSoValue shows that U.S. Bitcoin spot ETFs posted net outflows of $1.72 billion last week, marking the fourth consecutive week of negative netflows for these funds.

QWhat is Bitcoin's price approximately at the time the article was written, and what was its performance over the preceding week?

AAt the time of writing, Bitcoin is floating around $63,400, which is down nearly 12% over the last seven days.

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