{"id":98126,"date":"2026-06-08T17:03:38","date_gmt":"2026-06-08T14:03:38","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=98126"},"modified":"2026-06-08T17:05:23","modified_gmt":"2026-06-08T14:05:23","slug":"strategy-acquires-1550-btc-for-101-million","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/strategy-acquires-1550-btc-for-101-million\/","title":{"rendered":"Strategy Acquires 1,550 BTC for $101 Million"},"content":{"rendered":"<p>Strategy has acquired an additional 1,550 BTC for $101.3 million. The purchase was financed through the sale of 1,409,600 MSTR shares under the <span data-descr=\"At-The-Market \u2014 at market price\" class=\"old_tooltip\">ATM<\/span> program.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Strategy has acquired 1,550 BTC for $101 million to increase our <a href=\"https:\/\/x.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a> Reserve to \u20bf845,256. We have also increased our USD Reserve by $100 million to $1.0 billion. <a href=\"https:\/\/x.com\/search?q=%24MSTR&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$MSTR<\/a> <a href=\"https:\/\/x.com\/search?q=%24STRC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$STRC<\/a><a href=\"https:\/\/t.co\/94TmyRWVrs\">https:\/\/t.co\/94TmyRWVrs<\/a><\/p>\n<p>\u2014 Strategy (@Strategy) <a href=\"https:\/\/x.com\/Strategy\/status\/2063954632414487001?ref_src=twsrc%5Etfw\">June 8, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>According to a report for the U.S. Securities and Exchange Commission, the transactions took place from June 1 to June 7. The average purchase price was $65,332 per coin.<\/p>\n<p>Strategy holds 845,256 BTC valued at approximately $53.5 billion. The company&#8217;s total expenditure on cryptocurrency, including fees and expenses, amounts to $64 billion. The average entry price for the entire portfolio is $75,680.<\/p>\n<p>At current levels, the company&#8217;s unrealized loss is approximately $10.5 billion. Meanwhile, Strategy controls more than 4% of the total Bitcoin supply.<\/p>\n<p>A week earlier, Strategy disclosed the <a href=\"https:\/\/forklog.com\/en\/news\/bitcoin-falls-below-70000-amid-geopolitical-tensions-and-strategys-btc-sale\">sale of 32 BTC<\/a> for $2.5 million at an average price of $77,135. The company stated that the proceeds were intended for preferred stock payments.<\/p>\n<h2 class=\"wp-block-heading\">BitMine Reserves<\/h2>\n<p>BitMine Immersion Technologies increased its Ethereum holdings to 5.54 million ETH \u2014 the company&#8217;s largest purchase since the beginning of the year. The firm now controls 4.59% of the total supply of the second-largest cryptocurrency by market capitalization.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">1\/<br \/>BitMine provided its latest holdings update for June 8, 2026 <\/p>\n<p>$9.6 billion in total crypto + &#8220;moonshots&#8221;: <br \/>\u2014 5,543,872 ETH at $1,630 per ETH per ETH (per<a href=\"https:\/\/x.com\/coinbase?ref_src=twsrc%5Etfw\">@coinbase<\/a>)<br \/>\u2014 203 Bitcoin (BTC)<br \/>\u2014 $200 million stake in Beast Industries <a href=\"https:\/\/x.com\/MrBeast?ref_src=twsrc%5Etfw\">@MrBeast<\/a> <br \/>\u2014 $88 million stake in\u2026<\/p>\n<p>\u2014 Bitmine (NYSE-BMNR) $ETH (@BitMNR) <a href=\"https:\/\/x.com\/BitMNR\/status\/2063962528015626605?ref_src=twsrc%5Etfw\">June 8, 2026<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.x.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The total value of BitMine&#8217;s assets, including cryptocurrency and cash, amounted to $9.6 billion. As of June 7, the company holds:<\/p>\n<ul class=\"wp-block-list\">\n<li>5.54 million ETH;<\/li>\n<li>204 BTC;<\/li>\n<li>stakes in Beast Industries ($180 million) and Eightco ($88 million);<\/li>\n<li>$247 million in cash.<\/li>\n<\/ul>\n<p>BitMine maintains its position as the largest corporate holder of Ethereum. In the global crypto reserves ranking, the company is second only to Strategy with its 843,706 BTC reserve.<\/p>\n<p>Approximately 4.7 million ETH are staked through the company&#8217;s own platform <a href=\"https:\/\/forklog.com\/en\/news\/what-is-staking-and-how-to-make-money-from-it\">MAVAN<\/a> and partner services. The expected annual yield from this activity is $270 million.<\/p>\n<p>Bitmine Chairman Thomas Lee noted that the company will continue to acquire coins.<\/p>\n<p>In June, Grayscale analysts <a href=\"https:\/\/forklog.com\/en\/news\/grayscale-describes-strategys-bitcoin-sale-as-a-stress-test\">described<\/a> Strategy&#8217;s first Bitcoin sale in a long time as a &#8220;stress test&#8221; of its financial model.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Strategy has acquired an additional 1,550 BTC for $101.3 million. The purchase was financed through the sale of 1,409,600 MSTR shares under the ATM program.<\/p>\n","protected":false},"author":1,"featured_media":98127,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Strategy buys 1,550 BTC for $101 million, financed by MSTR share sales.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,46,1207,919],"class_list":["post-98126","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-ethereum","tag-microstrategy","tag-tom-lee"],"aioseo_notices":[],"amp_enabled":true,"views":"17","promo_type":"1","layout_type":"1","short_excerpt":"Strategy buys 1,550 BTC for $101 million, financed by MSTR share sales.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/98126","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=98126"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/98126\/revisions"}],"predecessor-version":[{"id":98128,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/98126\/revisions\/98128"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/98127"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=98126"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=98126"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=98126"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}