Strategy adds 1,587 bitcoin to treasury in latest $100 million purchase

Strategy, the bitcoin-focused company led by Michael Saylor, has added another large tranche of BTC to its corporate treasury, buying 1,587 bitcoin for about $100 million in its latest reported purchase. The transaction pushes the firm’s total holdings to 846,842 BTC, underscoring the scale of its continuing accumulation strategy.

According to reports from Cointelegraph and CoinDesk, the acquisition was made using funds drawn from the company’s U.S. dollar reserves. CoinDesk said the purchase price averaged $63,024 per bitcoin, while Cointelegraph reported that the buy took place last week. Together, the reports indicate that Strategy continued to deploy liquidity into bitcoin rather than holding the cash on its balance sheet.

The latest addition follows a separate capital-raising effort through sales of MSTR stock. Cointelegraph reported that Strategy raised $209 million through those share sales and used the proceeds as part of its ongoing bitcoin-buying program. That financing activity has become a recurring feature of the company’s approach, with equity issuance helping support further BTC accumulation over time.

Strategy’s holdings now stand at 846,842 bitcoin, a figure that places the company among the largest known corporate holders of the asset. The latest purchase adds to an already substantial treasury position and reinforces the firm’s long-running emphasis on bitcoin as a reserve asset. The reports did not indicate any change in the company’s broader policy, but the transaction shows that the accumulation strategy remains active.

The size of the holdings is notable not only because of the number of coins involved, but also because the company continues to combine cash reserves and stock-market financing to build its position. The CoinDesk report’s reference to U.S. dollar reserves suggests that Strategy is still willing to convert part of its liquid cash into bitcoin when it sees the opportunity to add to its stack. At the same time, the equity sales reported by Cointelegraph show that the company also has access to market funding when it wants to expand further.

Strategy’s latest move comes at a time when corporate bitcoin treasuries remain a closely watched part of the market. Large purchases by a listed company tend to draw attention because they can signal persistent institutional conviction in the asset, even though the reports provided no commentary on market reaction to this specific transaction. The company’s approach has long been associated with Saylor, whose public identification with bitcoin has made Strategy’s balance-sheet decisions a frequent subject of market discussion.

While the reports do not describe any immediate operational change beyond the purchase itself, the numbers show that Strategy continues to deepen its exposure. A single $100 million acquisition may be small relative to the firm’s total holdings, but it still adds materially to an already sizeable position. With 846,842 BTC now on the books, the company remains one of the most closely watched corporate participants in the bitcoin market, and its latest reported buy extends that role further.