Saylor's Strategy Boosts USD Reserves With $34.9M Bitcoin Purchase
WHO:
Cointelegraph - Michael Saylor’s Strategy Inc. is involved in the Bitcoin purchase.
Bloomberg Markets - Michael Saylor is the key figure behind the strategy.
NewsBTC - Michael Saylor claims to have added Bitcoin to the company's reserves.
WHAT:
Bloomberg Markets - Michael Saylor’s Strategy Inc. bought an additional $34.9 million of Bitcoin.
NewsBTC - Saylor claims the strategy has a reserve buffer of $48 billion.
Cointelegraph - The strategy boosted its USD Reserve to $1.4 billion and acquired 520 Bitcoin.
Bloomberg Markets - The company bought $39.4 million of Bitcoin, marking the third consecutive week of purchases.
NewsBTC - The strategy added more than 716,000 Bitcoin since a balance sheet stress event in 2022.
WHERE:
Cointelegraph - The transactions are related to Michael Saylor’s Strategy Inc., which operates in the cryptocurrency market.
WHEN:
Bloomberg Markets - The Bitcoin purchases occurred over three consecutive weeks.
NewsBTC - The balance sheet stress event referenced occurred in 2022.
WHY:
Bloomberg Markets - The purchases were funded through common stock sales, despite earlier pledges to pivot to perpetual preferred shares.
HOW:
Cointelegraph - The Bitcoin acquisition was funded through $335.5 million in MSTR share sales.
(UPDATED June 22, 2026 23:23 UTC)
Michael Saylor’s Strategy Inc. has purchased an additional $34.9 million in Bitcoin, according to Bloomberg Markets. Saylor also stated that the strategy boasts a reserve buffer of $48 billion, as reported by NewsBTC. This move highlights the company's ongoing commitment to cryptocurrency investment.
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(UPDATED June 22, 2026 14:54 UTC)
Michael Saylor's Strategy Inc. has made headlines by boosting its USD Reserve to $1.4 billion and acquiring 520 Bitcoin, marking the third consecutive week of purchases. The company has added more than 716,000 Bitcoin since a balance sheet stress event in 2022, with these acquisitions funded through $335.5 million in MSTR share sales, despite previous commitments to shift to perpetual preferred shares. Saylor, a key figure behind this strategy, continues to position his company prominently in the cryptocurrency market.