Strategy buys 1,587 Bitcoin, lifting holdings to 846,842 BTC
The company spent about $100 million on the purchase and also raised its U.S. dollar reserves by $100 million to about $1.1 billion, expanding liquidity alongside its Bitcoin accumulation.
BTC
Fact Check
The official Strategy X account post and the linked strategy.com press release (Form 8-K) both state verbatim that Strategy acquired 1,587 BTC for $100 million, raising its BTC reserve to 846,842, and increased its USD reserve by $100 million to $1.1 billion. Every figure in the claim matches the primary source exactly. BlockBeats provides independent corroboration.
Summary
Strategy bought 1,587 Bitcoin for about $100 million, increasing its total holdings to 846,842 BTC. The purchase extends the company’s long-running practice of using corporate capital to accumulate Bitcoin as a treasury asset, a strategy closely watched by crypto investors because sustained institutional buying can signal conviction and reduce liquid market supply. Michael Saylor also said the company increased its U.S. dollar reserves by $100 million to about $1.1 billion, adding liquidity alongside the latest Bitcoin purchase.
Terms & Concepts
- treasury asset: An asset a company holds as part of its reserves and capital management.
- liquid market supply: The amount of an asset readily available for buying and selling in the market.