Third consecutive weekly purchase brings holdings to 847,363 bitcoin
Strategy Inc. acquired 520 bitcoin for approximately $35 million on Monday, marking the company’s third straight weekly purchase and bringing its total holdings to 847,363 BTC, according to a disclosure by Michael Saylor, Executive Chairman, on X.
The purchase came as Strategy raised its USD Reserve by $300 million to $1.4 billion, expanding its cash position to support obligations tied to its preferred stock program. The increase was funded in part through the sale of 2.7 million Class A common shares for $335 million in net proceeds, drawing on reserves first established in December 2025.
The 520-coin tranche valued bitcoin at approximately $67,068 per coin, near the $64,200 price level at the time of reporting. Strategy’s aggregate position now sits at a cost basis of $64 billion, creating an underwater position of approximately $9.8 billion at current prices.
Accumulation Pace and Saylor’s Signals
The accumulation streak reflects an accelerating pace. In the week ending June 7, Strategy purchased 1,550 BTC for $101 million. The following week, ending June 14, the company acquired 1,587 BTC for $100 million. Saylor telegraphed the latest purchase one day early on Sunday via X, posting: “Looks better with more dots.”
The same Sunday, Saylor published a second post addressing internal disagreement within the bitcoin community: “Bitcoiners agree on the 99% that matters. We shouldn’t let the 1% divide us while nearly all global capital has yet to enter Bitcoin’s monetary network. The opportunity is bigger than the argument.”
Strategy’s year-to-date bitcoin yield declined to 11.8% as of the latest filing, down from 13.3% reported in late May, despite the continued accumulation pace. The company holds more bitcoin than any other public company, a position built over six years.
In May, Strategy repurchased $1.5 billion in convertible notes at an 8% discount, reducing its convertible debt load to $6.7 billion from $8.2 billion. That month also marked the company’s first bitcoin sale since 2022, when it sold 32 coins for $2.5 million. CEO Phong Le characterized the sale as a deliberate test of operational flexibility rather than a retreat from core strategy.
Strategy raises capital through at-the-market sales of common stock, Variable Rate Series A Perpetual Stretch Preferred Stock (STRC), and other preferred instruments. In May, the company issued $2 billion in STRC and conducted $84 million in common stock sales.
Separate from Strategy’s activity, Strive, another bitcoin treasury firm, acquired 759 BTC last week, exceeding Strategy’s 520-coin purchase in the same period. Strive’s total treasury stands at 19,864 BTC.
Market Position and Yield Pressure
Strategy’s $54 billion position in bitcoin at current prices represents the largest corporate treasury holding globally. The company’s year-to-date yield compression, despite aggressive weekly purchases, reflects the tension between accumulation costs and holding returns as bitcoin prices have moved sideways in recent weeks.
The USD Reserve expansion signals confidence in Strategy’s ability to service preferred equity dividends and debt obligations while maintaining acquisition velocity. Strategy’s capital-raising infrastructure, built around multiple preferred share classes and at-the-market offerings, has enabled the company to fund purchases without forced selling.
