Back
Strategy raises dollar reserves to $1.4 billion, buys 520 Bitcoin

Strategy raises dollar reserves to $1.4 billion, buys 520 Bitcoin

Strategy disclosed another weekly Bitcoin purchase and detailed remaining capacity across its common and preferred stock issuance programs as Bitcoin traded above $65,000 amid mixed ETF flow and on-chain signals.

BTC

Fact Check
Saylor's official X post directly confirms the central claims: USD Reserve raised by $300 million to $1.4 billion and 520 BTC acquired for $35 million (holdings reaching 847,363 BTC). Odaily and multiple secondary outlets (zerohedge, Ledgexs, CoinMarketCap) corroborate the 520 BTC purchase between June 15-21 at ~$67,068 average. The reserve increase ($300 million) is confirmed by the primary source, though some secondary posts cite $400 million. The specific 8-K detail of selling 2.71 million MSTR shares for $335.5 million net proceeds was not independently verified in my searches, but the overall claim aligns with the official primary source.
Summary

Strategy said it raised its U.S. dollar reserve to $1.4 billion and bought 520 Bitcoin for $35 million, bringing total holdings to 847,363 BTC after selling 2,714,839 MSTR Class A shares for $335.5 million in net proceeds. Michael Saylor said the company plans to keep replenishing the reserve to support the credit quality of its Digital Credit securities. The update, covering June 15 through June 21, also showed no sales under Strategy’s preferred stock programs during the period, leaving $1.6193 billion of STRF capacity, $17.5108 billion of STRC capacity and $2.1 billion of STRK capacity, while the common stock ATM program had $25.411 billion remaining as of June 21, including capacity tied to an additional $21 billion authorization announced on March 23, 2026. The purchase marked Strategy’s third straight weekly Bitcoin buy, following acquisitions of 1,550 BTC for $101 million in the week ending June 7 and 1,587 BTC for $100 million in the week ending June 14. Bitcoin was trading above $65,000 for the first time in months as the company released the update, though broader market signals remained mixed: U.S. spot Bitcoin ETFs recorded a sixth straight week of net outflows, with SoSoValue showing $226.8 million leaving in the week ending June 18 and cumulative six-week outflows reaching $5.94 billion, while adjusted SOPR hovered below 1, suggesting buyers have yet to decisively absorb selling pressure.

Terms & Concepts
  • ATM program: An at-the-market share sale program that lets a company sell stock gradually into the open market.
  • Digital Credit securities: Strategy’s term for debt- and preferred-like instruments whose credit support includes maintaining cash reserves.
  • SOPR: Spent Output Profit Ratio, an on-chain indicator used to gauge whether coins are being sold at a profit or a loss.