{"id":46093,"date":"2026-06-22T13:16:43","date_gmt":"2026-06-22T13:16:43","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=46093"},"modified":"2026-06-22T13:16:43","modified_gmt":"2026-06-22T13:16:43","slug":"michael-saylors-strategy-mstr-buys-520-bitcoin-raises-usd-reserve-to-1-4-billion","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=46093","title":{"rendered":"Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nMichael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion<\/a><\/p>\n

<\/div>\n

Strategy Inc. disclosed Monday it acquired 520 bitcoin for approximately $35 million in its third straight weekly purchase, bringing total holdings to 847,363 BTC while expanding its cash war chest to support growing obligations tied to its preferred stock program.<\/p>\n

Executive Chairman Michael Saylor announced<\/a> the transaction on X Monday morning, noting that the company also increased its USD Reserve by $335 million to $1.4 billion. The company sold roughly 2.7 million shares of MSTR, according to a Monday morning filing<\/a>, raising that $335.5 million.<\/p>\n

The reserve, first established in December 2025, exists to fund dividend payments on Strategy\u2019s preferred equity securities and interest on its debt \u2014 a financial cushion the company has built as its capital structure grows more complex.<\/p>\n

The purchase was smaller than the prior two weeks. Strategy acquired<\/a> 1,550 BTC for $101 million in the week ending June 7, then 1,587 BTC for $100 million in the week ending<\/a> June 14. The 520-coin tranche at an average price of $67,068 per coin represents a step back in volume, though Saylor gave no indication it marks a change in posture.<\/p>\n

He telegraphed the buy a day early, as has become his habit. On Sunday, he posted to X: \u201cLooks better with more dots.\u201d Followers of Strategy\u2019s weekly announcement cycle have come to treat the phrase as a near-certain preview of a Monday purchase disclosure.<\/p>\n

Saylor also used the weekend to address tensions inside the Bitcoin community. \u201cBitcoiners agree on the 99% that matters,\u201d he wrote<\/a> on X Sunday. \u201cWe shouldn\u2019t let the 1% divide us while nearly all global capital has yet to enter Bitcoin\u2019s monetary network. The opportunity is bigger than the argument.\u201d<\/p>\n

Strategy\u2019s bitcoin position<\/h2>\n

Strategy sits on a BTC position that, at current prices near $64,200 per coin, carries a market value around $54 billion. The company\u2019s aggregate cost basis across all purchases exceeds $64 billion, leaving it roughly $9.8 billion underwater at current prices. That gap has done nothing to slow the accumulation of cadence.\u00a0<\/p>\n

Saylor has defended this posture in public forums for years, framing it as a long-duration bet<\/a> on bitcoin\u2019s trajectory rather than a trade with a near-term exit.<\/p>\n

Strategy\u2019s stack now includes multiple layers. Strategy raises capital through at-the-market sales of its Class A common stock, its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and other preferred instruments carrying fixed dividend requirements.\u00a0<\/p>\n

In May, the company repurchased<\/a> $1.5 billion in convertible notes at an 8% discount to par, cutting its convertible debt load from $8.2 billion to $6.7 billion. It funded that move through a combination of cash reserves, a $2 billion STRC issuance, and $84 million in common stock sales.<\/p>\n

The $300 million reserve expansion announced Monday reflects the growing cost of maintaining that structure. Strategy\u2019s year-to-date BTC Yield \u2014 its internal metric tracking bitcoin per share accretion \u2014 stands at 11.8% as of the latest filing, down from 13.3% reported in late May.<\/p>\n

Strategy has now purchased bitcoin in each of the last three weeks after a brief period in late May that included the company\u2019s first disclosed BTC sale since 2022 \u2014 32 coins for $2.5 million, used<\/a> to fund a preferred dividend. CEO Phong Le called that sale a deliberate test of operational flexibility, not a retreat from the core strategy.<\/p>\n

The firm currently holds more bitcoin than any other public company on earth, a position it has built over six years through one of the most concentrated institutional bets on a single asset in corporate history.<\/p>\n

Fellow Bitcoin treasury firm Strive acquired<\/a> 759 BTC last week, surpassing Strategy\u2019s 520 BTC purchase \u2014 a somewhat rare instance in which the smaller company accumulated more bitcoin than the world\u2019s largest corporate holder.<\/p>\n

\n<\/p>

This post Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion Strategy Inc. disclosed Monday it acquired 520 bitcoin for approximately $35 million in its third straight weekly purchase, bringing total holdings to 847,363 BTC while expanding its cash war chest to support growing obligations tied to its preferred stock program. […]<\/p>\n","protected":false},"author":1,"featured_media":46094,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":["post-46093","post","type-post","status-publish","format-standard","has-post-thumbnail","category-bitcoin"],"yoast_head":"\nMichael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=46093\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine Michael Saylor\u2019s Strategy (MSTR) Buys 520 Bitcoin, Raises USD Reserve to $1.4 Billion Strategy Inc. disclosed Monday it acquired 520 bitcoin for approximately $35 million in its third straight weekly purchase, bringing total holdings to 847,363 BTC while expanding its cash war chest to support growing obligations tied to its preferred stock program. 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