Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately $100 million.<\/p>\n
The average purchase price was just over $63,000, and the company has also increased its USD stash by another $100 million to $1.1 billion. Its total crypto fortune has grown to 846,842 BTC, currently valued at almost $56 billion.<\/p>\n
Strategy has acquired 1,587 BTC for $100 million to increase our $BTC<\/a> Reserve to \u20bf846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR<\/a> $STRC<\/a> https:\/\/t.co\/27PYXJN7GD<\/a><\/p>\n \u2014 Michael Saylor (@saylor) June 15, 2026<\/a><\/p>\n\n Recall that Strategy sold off<\/a> 32 BTC a couple of weeks ago, which, despite what some critics claimed, wasn\u2019t a capitulation event. Instead, it was necessary to support preferred stock distributions, including cash dividends across the firm\u2019s stock series.<\/p>\n Aside from FUD that was among the reasons behind bitcoin\u2019s price collapse to a 19-month low beneath $60,000, Strategy\u2019s decision raised some eyebrows within the community and prompted Jim Cramer to say that the firm and its co-founder had \u201ckilled\u201d the cryptocurrency.<\/p>\n Saylor was quick to respond, refuting<\/a> the FUD and indicating that he never said the company would not sell any BTC when it becomes necessary. However, he remains a firm believer that individual investors should refrain from dumping their bitcoin.<\/p>\n Moreover, Strategy resumed<\/a> its accumulation spree last week, buying 1,550 BTC for just over $100 million.<\/p>\n Prominent crypto figures, such as Samson Mow and Lyn Alden, defended BTC, arguing<\/a> that if a single entity that likes it so much to buy it cannot kill it with one decision to sell a tiny portion of its holdings.<\/p>\n The post Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately $100 million. The average purchase price was just over $63,000, and the company has also increased its USD stash by another $100 million to $1.1 […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-181051","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/181051"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=181051"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/181051\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=181051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=181051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=181051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}