Strategy Buys 1,550 BTC for $101.3M at $65,332 Average Price
Strategy has purchased 1,550 BTC for $101.3 million at an average price of $65,332 per Bitcoin BTC +0.00% , increasing its total Bitcoin reserve to 845,256 BTC while boosting its cash reserves to $1 billion.
The company disclosed the acquisition in a press release on June 8, confirming that the purchase brought its total holdings to 845,256 BTC alongside a $1 billion USD reserve.
What Strategy Paid and What It Got
The transaction broke down to an average cost basis of $65,332 per Bitcoin across the 1,550 BTC lot. At that average entry price, the total outlay reached $101.3 million.
Cost basis matters because it establishes the breakeven point for the position. If Bitcoin trades above $65,332, this particular tranche is in profit; below that level, it sits at a loss. For institutional buyers making nine-figure purchases, the average entry price also signals how aggressively they acquired, whether through limit orders over time or larger market buys.
The purchase follows a week in which Strategy sold 32 BTC before resuming accumulation, suggesting the company’s treasury operations involve both buying and selling depending on market conditions.
Why a $101.3 Million BTC Buy Draws Attention
A nine-figure Bitcoin acquisition by a publicly traded company is material news for the broader market. It signals that corporate treasury allocations to Bitcoin continue at scale, not just as a one-off experiment but as a sustained accumulation strategy.
CoinTelegraph reported that Strategy resumed Bitcoin purchases with this 1,550 BTC buy after a brief pause, reinforcing the pattern of consistent accumulation.
The purchase arrives at a time when institutional Bitcoin activity remains a focal point for market participants. Other corporate buyers have also been active; Bitmine recently acquired 126,971 ETH, illustrating that large-scale crypto treasury moves extend beyond Bitcoin alone.
With its BTC reserve now at 845,256 Bitcoin and $1 billion in cash, Strategy maintains one of the largest known corporate Bitcoin positions. The dual reserve approach, holding both significant BTC and USD, provides the company flexibility to make additional purchases during price dips or to cover operational needs without forced Bitcoin sales.
Meanwhile, broader market flows have been mixed. U.S. spot Bitcoin ETFs recently saw $1.72 billion in weekly outflows, creating a contrasting backdrop against which Strategy’s continued buying stands out.
Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency and digital asset markets carry significant risk. Always do your own research before making decisions.
