The strategy led by Michael Saylor bought more Bitcoin this week. However, according to the documents, the company’s primary focus appears to be on increasing its US dollar reserves.
Michael Saylor announced a $35 million purchase of Bitcoin for the strategy
On Monday, June 22, Michael Saylor revealed that they had acquired 520 Bitcoins for approximately $35 million after… Mysterious post on Sunday. This purchase was completed at an average cost of $67,068 per Bitcoin. Furthermore, the company’s Bitcoin reserve now stands at 847,363 BTC. However, the acquisition is relatively smaller than last week’s Buy $100 million worth of Bitcoin.
Strategy has increased its US dollar reserve by US$300 million to US$1.4 billion and plans to continue replenishing it to support the credit quality of its digital credit securities. We also received 520 BTC for $35 million, increasing our balance $ Bitcoin Reserve to ₿847,363. $MSTR $STRC…
-Michael Saylor (@saylor) June 22, 2026
Meanwhile, the latest Deposit 8K It appears to have boosted its US dollar reserves by $300 million to $1.4 billion. The increase in cash reserves comes due to “plans to continue replenishing them to support the credit quality of its digital credit securities.” This suggests that the company could use these proceeds to bring STRC back to the desired level next It fell below $83 Last week.
Experts expect the strategy to increase STRC’s dividend rate to increase buying pressure and Restore its face value of $100. On the other hand, the company could consider buying back shares.
MSTR stock sale saga
However, the company is attracting widespread criticism for selling a large amount of MSTR shares. For context, the disclosure shows that the strategy sold 2.71 million shares of MSTR last week for $335.5 million.
Of this amount, $35 million could have been directed to the purchase of the latest Bitcoin cache. The rest may have been pumped into cash reserves to support its STRC preferred shares.
However, despite MSTR stock Sell-Off The company’s stock price rose in today’s pre-market trading session, possibly due to a series of Bitcoin acquisitions. At press time, MSTR stock was up 3.44% to $116.40 on Monday.
Meanwhile, recently, Selling Strategy Executives MSTR shares also led to backlash.
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