Strategy buys 1,550 Bitcoin for $101.3 million, lifting holdings to 845,256 BTC

After a prior 32 BTC sale, Strategy bought 1,550 BTC and, according to Jiang Zhuoer citing an X post reported by Odaily, also raised $181 million via common stock, keeping part as cash reserves.

BTC

Summary

Strategy resumed Bitcoin accumulation with a purchase of 1,550 BTC for $101.3 million, taking its total holdings to 845,256 BTC. The buy followed a prior sale of 32 BTC that drew controversy. According to Jiang Zhuoer in an X post cited by Odaily, Strategy also raised $181 million through a common stock sale, used about $100 million of the proceeds for the Bitcoin purchase, and retained the remainder as cash reserves to preserve what he described as MicroStrategy’s pro-Bitcoin stance.

Terms & Concepts
  • BTC: Ticker symbol for Bitcoin.
  • cash reserves: Funds kept available for liquidity.
  • spot position: Direct holding of an asset rather than a derivative exposure.