Strategy Holds 847,363 BTC Worth $51 Billion as Michael Saylor Signals Continued Bitcoin Accumulation
8d ago· 1 min readenNews
Summary
Michael Saylor's June 28 post highlighted Strategy's bitcoin accumulation history, showing 847,363 BTC held with a reserve value near $51 billion. Despite selling 32 BTC in late May for dividend obligations, Strategy made two additional purchases in June (1,550 BTC and 520 BTC) via stock sales. Bitcoin trading below Strategy's average purchase price of $75,653 has created paper losses, but the company increased its USD Reserve by $300 million to $1.4 billion to support dividends and Digital Credit securities while continuing its bitcoin buying strategy.
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Key quotes
· 3 pulledMichael Saylor's June 28 post highlighted Strategy's orange-dot purchase history across market cycles, showing 847,363 BTC and a reserve value near $51 billion.
Strategy previously sold 32 BTC in late May to fund dividend obligations, then disclosed two further purchases: 1,550 BTC in the first week of June and 520 BTC the next week via Class A common stock sales.
Bitcoin trading below Strategy's average purchase price of $75,653 created paper losses, yet Strategy increased its USD Reserve by $300 million to $1.4 billion to support dividends and Digital Credit securities while continuing to buy bitcoin.
Michael Saylor’s June 28 post highlighted Strategy’s orange-dot purchase history across market cycles, showing 847,363 BTC and a reserve value near $51 billion. Strategy previously sold 32 BTC in late May to fund dividend obligations, then disclosed two f
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