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Strategy (Nasdaq: MSTR) has acquired 1,587 bitcoin for approximately $100 million, increasing the company’s total bitcoin reserves to 846,842 BTC, as detailed in an 8-K filing submitted to the Securities and Exchange Commission on Monday morning.
The acquisition, conducted from June 8 to June 14, was executed at an average price of $63,024 per bitcoin and was financed through at-the-market (ATM) sales of the company’s Class A common stock. In the previous week, Strategy divested approximately 1.73 million MSTR shares, realizing about $209 million via the ATM program. As of June 14, $25.75 billion in MSTR shares remain available under this facility.
Strategy’s accumulated 846,842 BTC were obtained at an average cost basis of $75,656 per coin, representing a total expenditure of approximately $64.1 billion, inclusive of associated fees and expenses.
At current market rates near $66,000, the company holds unrealized paper losses amounting to roughly $8 billion. This holdings constitutes over 4% of bitcoin’s finite supply of 21 million coins, positioning Strategy as the preeminent corporate bitcoin holder globally.
In addition to this bitcoin acquisition, Strategy reported that its USD Reserve had grown to $1.1 billion as of June 14, an increase from $1 billion the prior week. The reserve, established in December 2025, is designated to cover dividend payouts for the company’s preferred shares and service its debt obligations.
Strategy’s Actions Caused Market Jitters
JPMorgan analysts highlighted the reserve last week, observing that Strategy’s unusual sale of 32 BTC on June 1 had “spooked” the markets. They suggested the company needed to bolster its dollar buffer to reinstate confidence, as the cushion at the time covered only about 6.3 months of its dividend commitments.
The announcement was accompanied by a familiar indicator. Executive Chairman Michael Saylor shared his bitcoin acquisition tracker on Sunday, accompanied by the remark “Still adding dots”—a phrase the market has learned to interpret as a precursor to a Monday disclosure of purchases.
The STRC preferred stock, a cumulative offering with a variable interest rate and monthly dividend payments, designed to maintain a value close to its $100 par value, had been the primary vehicle for bitcoin accumulation earlier in 2026, providing an annual yield of 11.5%.
However, STRC has faced challenges in regaining its par value since mid-May and has not been utilized for bitcoin acquisitions over the past month.
During last week’s annual shareholder meeting, investors gave their approval to change the STRC dividend payments from monthly to bi-monthly. “Distributing dividends on STRC twice a month is intended to stabilize pricing, mitigate cyclical fluctuations, boost liquidity, and increase demand for STRC, while offering STRC holders a quicker avenue for reinvestment,” stated Strategy President and CEO Phong Le.
Strategy also recently enhanced its ATM programs, allowing for the issuance of up to an additional $21 billion in MSTR shares, in conjunction with $21 billion in STRC preferred stock and $2.1 billion in STRK preferred stock.
Bitcoin Gains Momentum
Bitcoin experienced an upward trend over the weekend, surpassing $66,000 on Sunday following President Donald Trump’s announcement of a peace accord with Iran, slated for signing on June 19. This agreement includes the cessation of the U.S. naval blockade and the reopening of the Strait of Hormuz, leading to an approximate 5% decrease in oil prices, settling around $80 per barrel.
Bitcoin’s 24-hour surge was primarily observed in the hours after Trump’s Saturday announcement. As of Monday morning, the asset was trading between approximately $65,600 and $66,300, still below the average acquisition price of $75,656 for Strategy’s holdings.
Technical analysis from Bitcoin Magazine Pro indicates that bitcoin rebounded from the 0.618 Fibonacci retracement level near $60,000. However, the Relative Strength Index (RSI) remains subdued at 37, and a firm weekly close above $66,000 is necessary to signal a reliable change in trend.
A move upwards would encounter resistance at the $68,900 mark, followed by the $80,000 to $82,500 range. MSTR shares saw a rise of approximately 6% in pre-market trading on Monday, coinciding with the disclosure of the purchase and the broader market’s upward movement.
Based on materials from : bitcoinmagazine.com