Strategy Adds 1,587 Bitcoin Through MSTR Stock Sales

Strategy acquired 1,587 Bitcoin for $100 million last week, lifting holdings to 846,842 BTC after raising $209 million through MSTR stock sales. Michael Saylor’s Strategy, the world’s largest public Bitcoin holder, added to its cryptocurrency reserves last week as BTC continued to trade below the company’s average cost basis of about $75,700. Strategy acquired 1,587 Bitcoin (BTC) for $100 million between June 8 and Sunday, [according](https://www.sec.gov/ix?doc=/Archives/edgar/data/0001050446/000119312526270311/mstr-20260504.htm) to Monday's 8-K filing with the US Securities and Exchange Commission. _Source: SEC_ The purchase was made at an average price of $63,024 per Bitcoin, bringing the company’s overall average cost basis slightly lower to $75,656. With the latest buy, Strategy now holds 846,842 BTC, accumulated at a total cost of $64.07 billion. At the current price of about $66,216 per bitcoin, those holdings are worth roughly $56.1 billion, [according](https://www.coingecko.com/en/coins/bitcoin?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7) to CoinGecko data. Similar to the [previous 1,550 BTC acquisition announced last Monday](https://cointelegraph.com/news/strategy-resumes-bitcoin-purchases-1550-btc-buy), Strategy funded the latest acquisition through sales of its Class A common stock (MSTR). In the filing, the company said it raised about $209 million by selling 1.73 million MSTR shares during the period. The stock remained in the mid-$96 range, marking its longest stretch below par since launch. STRC closed at $94.80 on Friday, down around 1%, [according](https://www.nasdaq.com/market-activity/stocks/strc) to TradingView data.