{"id":44677,"date":"2026-06-15T12:30:12","date_gmt":"2026-06-15T12:30:12","guid":{"rendered":"https:\/\/financialrush.com\/?p=44677"},"modified":"2026-06-15T12:30:12","modified_gmt":"2026-06-15T12:30:12","slug":"strategy-buys-another-1587-btc-as-bitcoin-sale-fud-fades-away","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=44677","title":{"rendered":"Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away"},"content":{"rendered":"<p> \n<br \/><\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tThe company&#8217;s total stash has now grown to 846,842 BTC.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately $100 million.<\/p>\n<p>The average purchase price was just over $63,000, and the company has also increased its USD stash by another $100 million to $1.1 billion. Its total crypto fortune has grown to 846,842 BTC, currently valued at almost $56 billion.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Strategy has acquired 1,587 BTC for $100 million to increase our <a href=\"https:\/\/x.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$BTC<\/a> Reserve to \u20bf846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. <a href=\"https:\/\/x.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$MSTR<\/a> <a href=\"https:\/\/x.com\/search?q=%24STRC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$STRC<\/a> <a href=\"https:\/\/t.co\/27PYXJN7GD\" target=\"_blank\">https:\/\/t.co\/27PYXJN7GD<\/a><\/p>\n<p>\u2014 Michael Saylor (@saylor) <a href=\"https:\/\/x.com\/saylor\/status\/2066491610863419722?ref_src=twsrc%5Etfw\" target=\"_blank\">June 15, 2026<\/a><\/p>\n<\/blockquote>\n<p>Recall that Strategy <a href=\"https:\/\/cryptopotato.com\/strategy-sold-bitcoin-but-its-not-what-you-may-think\/\">sold off<\/a> 32 BTC a couple of weeks ago, which, despite what some critics claimed, wasn\u2019t a capitulation event. Instead, it was necessary to support preferred stock distributions, including cash dividends across the firm\u2019s stock series.<\/p>\n<p>Aside from FUD that was among the reasons behind bitcoin\u2019s price collapse to a 19-month low beneath $60,000, Strategy\u2019s decision raised some eyebrows within the community and prompted Jim Cramer to say that the firm and its co-founder had \u201ckilled\u201d the cryptocurrency.<\/p>\n<p>Saylor was quick to respond, <a href=\"https:\/\/cryptopotato.com\/i-never-said-the-company-wouldnt-sell-michael-saylor-fires-back-after-bitcoin-drop\/\">refuting<\/a> the FUD and indicating that he never said the company would not sell any BTC when it becomes necessary. However, he remains a firm believer that individual investors should refrain from dumping their bitcoin.<\/p>\n<p>Moreover, Strategy <a href=\"https:\/\/cryptopotato.com\/saylors-strategy-resumes-bitcoin-accumulation-spree-after-last-weeks-sale\/\">resumed<\/a> its accumulation spree last week, buying 1,550 BTC for just over $100 million.<\/p>\n<h3 id=\"you-may-also-like\" class=\"heading-4\">You may also like:<\/h3>\n<p>Prominent crypto figures, such as Samson Mow and Lyn Alden, defended BTC, <a href=\"https:\/\/cryptopotato.com\/bitcoin-cannot-be-killed-by-saylors-strategy-or-any-single-entity-alden\/\">arguing<\/a> that if a single entity that likes it so much to buy it cannot kill it with one decision to sell a tiny portion of its holdings.<\/p>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'main'}); }\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'full_details'}); }\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'bybit', 'link_type': 'main'}); }\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/strategy-buys-another-1587-btc-as-bitcoin-sale-fud-fades-away\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; The company&#8217;s total stash has now grown to 846,842 BTC. Two weeks after announcing its first BTC&hellip;\n","protected":false},"author":2,"featured_media":40973,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-44677","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44677","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44677"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44677\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/40973"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44677"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44677"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44677"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}