MicroStrategy announced on June 15, 2026 that it bought 1,587 Bitcoin for roughly $100 million, raising its total crypto reserve to 846,842 BTC. The acquisition occurred between June 8 and June 14, with an average purchase price of $63,024 per coin. The company also boosted its dollar reserve by $100 million, bringing cash on hand to $1.1 billion.
Acquisition Details
Since its first Bitcoin purchase, MicroStrategy has spent about $64.07 billion on the digital asset, averaging $75,656 per coin across all acquisitions. The latest buy expands the firm’s blockchain exposure and reinforces its position as the largest publicly traded corporate Bitcoin holder. Investors see the move as a reaffirmation of the company’s long‑term crypto strategy.
Previous Sale Context
Earlier in May, MicroStrategy sold 32 Bitcoin between May 26 and May 31, generating approximately $2.5 million at an average price of $77,135 per coin. Executives described the transaction as a procedural test rather than a shift in the firm’s Bitcoin accumulation plan.
Market Impact
The fresh purchase signals confidence in Bitcoin’s price trajectory amid ongoing market volatility. Analysts predict that MicroStrategy’s expanded holdings could influence investor sentiment and attract additional crypto capital to the broader market. As the company continues to allocate funds to blockchain