AI-Generated<\/p>\n
Strategy CEO Michael Saylor has just shared their previous week\u2019s purchase of\u00a0Bitcoin.<\/p>\n
On June 22, Saylor made a tweet. In that tweet, he is informing about the previous week\u2019s purchase list, made by the strategy.<\/p>\n
The strategy made a purchase of bitcoin around 550 BTC, which cost around $35 million. The average price of buying Bitcoin is $67,068. This was the third time they were buying after the sale of 32 bitcoins on June 1,\u00a02026.<\/p>\n
Strategy accumulated around 847,363 BTC, which at the current price ranges in billions.<\/p>\n
Strategy is very near to completing their 1 million BTC purchase. At the end of the year 2026, Bitcoin might achieve its 1 million BTC\u00a0score.<\/p>\n
There is a point out there that strategies cannot stop buying bitcoin, yet they are hardly investing in bitcoin. With that, their cash reserves also increase.<\/p>\n
On the other hand, Michael Saylor also shared a social media post on X, sharing with us about the cash reserves of the company. They raised their company cash reserves to $1.4 billion, which was first at $300\u00a0million.<\/p>\n
Cash reserves are found as a secondary asset for the company. Thus, help in financing rents and handle cash flow without selling the\u00a0bitcoin.<\/p>\n
In his previous post, he mentioned that their reserves have been raised to $1 billion. Also, he shared about the cash reserves that have been raised to $1.4\u00a0billion<\/p>\n
He also shares some of his reposts from a company that is also moving on the portfolio of strategies. They are trying to accumulate, the same as the strategy.<\/p>\n
While he reposts the post just to make sure and encourage others to buy Bitcoin, as it is the digital asset that has benefited in recent\u00a0years.<\/p>\n
The post from Strive that he reposted is that they buy bitcoin today. They accumulated around 19,864 bitcoins in less than a year. They started accumulating it in September 2025. The average\u00a0price<\/p>\n
Strive is under the supervision of Matt Cole, CEO of the company. He is the one who basically transformed it from a traditional asset manager into a Bitcoin treasury\u00a0company.<\/p>\n
The latest they posted was that they purchased 759 BTC at an average rate of $65,850 per BTC. Total bitcoin purchased at the price of 50\u00a0million.<\/p>\n
Strategy Adds $35 Million in Bitcoin and Moves Closer to Historic 1 Million BTC Target<\/a> was originally published in Coinmonks<\/a> on Medium, where people are continuing the conversation by highlighting and responding to this story.<\/p>","protected":false},"excerpt":{"rendered":" AI-Generated Strategy CEO Michael Saylor has just shared their previous week\u2019s purchase of\u00a0Bitcoin. On June 22, Saylor made a tweet. In that tweet, he is informing about the previous week\u2019s purchase list, made by the strategy. The strategy made a purchase of bitcoin around 550 BTC, which cost around $35 million. The average price of […]<\/p>\n","protected":false},"author":0,"featured_media":185554,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[],"class_list":["post-185553","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-interesting"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/185553"}],"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=185553"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/185553\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/185554"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=185553"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=185553"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=185553"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}