Peter Zhang
Jun 08, 2026 14:19
Strategy adds 1,550 Bitcoin, increasing its holdings to 845,256 BTC worth $53.8B. The move follows controversy over its first BTC sale.
Strategy has resumed Bitcoin accumulation, purchasing 1,550 BTC for approximately $101.3 million between June 1 and June 7, 2026, according to a June 8 SEC filing. The acquisition brings the firm’s total Bitcoin holdings to 845,256 BTC, now valued at about $53.8 billion based on Bitcoin’s current price of $63,778.
The company paid an average of $65,332 per Bitcoin for this latest tranche, slightly above the current market price but well below its cumulative average acquisition cost of $75,680 per BTC. The purchase was funded through sales of Class A common stock, which raised $181 million in net proceeds during the first week of June.
The market responded positively to the news, with Strategy’s stock jumping 6.55% in pre-market trading to $126.90, per Yahoo Finance data. This comes as Bitcoin itself gained 3.23% over the last 24 hours, trading at $63,778 as of June 8.
Strategic Resumption After Controversial Sale
This purchase marks a return to accumulation just one week after Strategy’s controversial sale of 32 BTC — its first Bitcoin sale since 2022. The small divestment, which reportedly served tax optimization purposes, drew criticism from some traders who feared it might signal liquidity stress or a potential “doom loop” if the company were forced to sell larger portions of its holdings.
Bitcoin’s price dropped 21% in the aftermath of the sale, briefly retesting $61,000 on June 5, its lowest level in four months. The broader market struggled during this period, with Bitcoin opening June below $72,000 after three consecutive red monthly candles. Yet, institutional players like Strategy have continued to accumulate, leveraging price dips to bolster their positions.
Institutional Confidence Amid Market Volatility
Despite the recent turbulence, analysts remain optimistic about Strategy’s approach. A June 8 report from Bernstein highlighted the firm’s “resilient, overcollateralized, and liquid balance sheet,” maintaining an “Outperform” rating on the stock with a $450 price target. Meanwhile, CryptoQuant CEO Ki Young Ju defended the company’s Bitcoin strategy, arguing on social media that Bitcoin’s price could have fallen far lower without Strategy’s consistent buying activity.
Strategy’s executive chairman, Michael Saylor, also hinted at further accumulation in a June 7 social media post, calling it “a good time to add more dots.” With BTC still trading within a compressed $60,000–$80,000 range amid macro uncertainty and ETF outflows, Strategy’s moves indicate a long-term bet on Bitcoin as a corporate treasury asset.
Traders will likely monitor Strategy’s next SEC filings closely for additional purchases, especially as Bitcoin’s price attempts to stabilize above the $60,000 mark this month. Whether Strategy’s aggressive approach will pay off depends on how the broader crypto market navigates ongoing volatility through the second half of 2026.
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