Strategy adds 1,550 BTC worth $101M, pushing total holdings to 845,256 Bitcoin. Here’s what Saylor’s latest move means for the market.
Michael Saylor’s Strategy has added more Bitcoin to its growing reserve. The firm bought 1,550 BTC between June 1 and 7. The purchase cost roughly $101 million.
Strategy funded the buy through share sales, which also pushed its cash reserves up to $1 billion. Total holdings now stand at 845,256 BTC.
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Strategy Pushes Bitcoin Holdings to 845,256 BTC
Saylor confirmed the purchase on X. He wrote that Strategy had acquired 1,550 BTC for $101 million, boosting its BTC reserve to 845,256 BTC. He also noted the firm’s USD reserve had grown by $100 million to reach $1 billion.
The latest buy came after familiar teasing on social media. Saylor had posted a cryptic hint days earlier, writing:
“A good time to add more dots.”
His followers have grown used to reading such posts as early signals of incoming purchases.
The timing is notable. Just the week before, Strategy had sold 32 BTC, fetching about $2.5 million. That marked the firm’s first bitcoin sale since 2022. Bitcoin’s price slipped below $72,000 shortly after that disclosure made rounds online.
Strategy has acquired 1,550 BTC for $101 million to increase our $BTC Reserve to ₿845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. $MSTR $STRC https://t.co/1Zf1AVsP1H
— Michael Saylor (@saylor) June 8, 2026
Bitcoin Price Slides as Market Watches Strategy Moves
The sell-off triggered a broader price drop across the week. Bitcoin fell from roughly $72,000 to around $62,500 before finding some footing.
Per the latest data from CoinGecko, BTC currently trades at $63,856.12, up 3.21% in 24 hours but down 10.76% over the past seven days. Trading volume in the same period sits at over $37.6 billion.
Strategy’s average purchase price for the latest batch was $65,332 per coin. That figure is relevant when stacked against current prices.
At roughly $63,856 per BTC, the firm’s total holdings of 845,256 BTC carry an unrealized loss of about $10.4 billion against their acquisition cost. At current prices, the stash is valued at approximately $53.6 billion.
BlackRock Moves $226M in BTC to Coinbase Prime
Beyond Strategy, another major player made waves this week. On-chain analytics account Lookonchain flagged that BlackRock deposited 3,580 BTC, worth roughly $226.8 million, to Coinbase Prime.
BlackRock just deposited 3,580 $BTC($226.8M) to Coinbase Prime.https://t.co/YfaFJXVOID pic.twitter.com/bz6Pm4sWnn
— Lookonchain (@lookonchain) June 8, 2026
The transfer originated from wallets linked to BlackRock’s iShares Bitcoin Trust ETF, known as IBIT. Arkham explorer tracked the move across multiple batches, including several 300 BTC transfers.
Coinbase Prime serves as a custody and execution platform for institutional clients.
Transfers of this kind are standard operational activity for ETFs like IBIT, typically tied to creations, redemptions, rebalancing, or liquidity support for authorized participants. Similar large transfers have taken place regularly since the ETF launched.
Still, the move drew attention online. Recent weeks have seen outflows from several bitcoin ETFs, including IBIT. That backdrop fueled speculation around the transfer, with some in the community reading it as a sign of selling pressure.
On-chain data, however, has not pointed to any direct correlation between such deposits and open-market selling activity.
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