Strategy Buys 1,550 Bitcoin and Builds Cash Reserve to $1 Billion

By Isaac • June 8, 2026 1:01 pm •

Strategy bought 1,550 Bitcoin between June 1 and June 7, according to an 8-K the company filed on June 8. The purchase cost about $101.3 million at an average price near $65,332 per coin, including fees and expenses.

That buy came one week after Strategy sold 32 BTC, the company’s first sale since 2022. The small sale drew heavy scrutiny, and this purchase puts that scrutiny to a real test.

Strategy now holds 845,256 BTC. The company added nearly 50 times more Bitcoin than it sold and raised its cash position at the same time.

Bitcoin remains the largest crypto asset by market capitalization, which keeps a corporate treasury story like this squarely in PCN’s lane.