Strategy, the world's largest Bitcoin treasury company, announced this Monday (8th) the purchase of 1,550 bitcoins. The company's reserves have now reached 845,256 coins.
The previous week, Strategy had sold 32 bitcoins, raising doubts about further sales, which helped put pressure on the cryptocurrency's price.
At the time of writing, Bitcoin is trading in the range of $63,500, down 12.3% over the past 7 days.
Strategy Buys Bitcoin Again
As usual, Strategy's Bitcoin purchase was revealed by Michael Saylor, the company's founder, on his social media. The company also increased its dollar reserves by $900 million.
"Strategy has acquired 1,550 BTC for $101 million to increase our BTC reserve to ₿845,256. We have also increased our dollar reserve by $100 million to 1.0billion.1.0billion.MSTR $STRC"
A filing with the SEC reveals that the company raised $181 million from the sale of MSTR, Strategy's common stock, and that another portion of the sales has not yet been accounted for.
"As of June 7, 2026, the USD Reserve balance was $1.0 billion. This amount includes expected cash proceeds from the sale of shares under Strategy's ATM program that had not yet been settled as of that date."
At the time of writing, STRC, Strategy's preferred stock, is trading at around $95.71, offering an annual yield of 12%. It is expected to gravitate around $100.
Strive Buys the 32 Bitcoins Sold by Strategy
While Strategy sold 32 bitcoins last week, Strive announced this Monday (8th) that it bought the same amount. Apparently, this is a playful move between the companies.
"Strive has acquired an additional 32 BTC for approximately $2.1 million, at an average cost of roughly $63,911 per bitcoin."
Previously, Cole's company had acquired 2,500 bitcoins, maintaining a strategy similar to Strategy's with SATA shares.
Finally, after falling below $60,000 last Saturday, Bitcoin begins the week recovering some of its losses.
In the last 24 hours, the cryptocurrency is up 2.8%, trading at $63,500. However, analysts believe Bitcoin may fall a bit further this year before stabilizing.
