
Analysts have repeatedly highlighted the importance of this minor sell-off over the past week. But that narrative could evaporate if Strategy continues to buy.
After hinting on Sunday that the company he co-founded and led for years had resumed its BTC acquisitions, Michael Saylor made it official a few minutes ago, reporting that Strategy had purchased 1,550 BTC for just over $100 million (at an average price of $65,332).
Its total reserve stands at 845,256 units, acquired at an average price of $75,680. Given bitcoin’s substantial collapse to below $64,000 today, that means the company is still deep in the red on its position, with a current paper loss of over $10 billion, just north of the recent record of around $12.5 billion.
Strategy acquired 1,550 BTC for $101 million to increase our $BTC reserve to ₿845,256. We also increased our US dollar reserve by $100 million, to $1.0 billion. $MSTR $STRC
– Michael Saylor (@saylor) June 8, 2026
The company also increased its US dollar reserve by $100 million, bringing it to $1 billion. Recall that Strategy dumped a tiny portion of its BTC holdings last week for the first time since 2022, increasing scrutiny and leading to some market-wide FUD.
Many cryptocurrency analysts and commentators have taken a stand, with many warning that if Strategy continues to sell off, it could hurt the cryptocurrency’s already fragile price.
However, Michaël van de Poppe reassured that if this was a one-off sale and the Strategy resumes its accumulation, this FUD narrative will die.
Meanwhile, Saylor published a detailed article explaining how he sees the future of Bitcoin. He believes the network and digital assets will see four camps consisting of maximalists, capitalists, technologists, and fundamentalists, each opting for a different priority in how BTC should evolve.
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