Saylor’s Strategy buys 1,587 BTC for $100M, holdings hit 846.8K
Cointelegraph 2026-06-15 13:52:12
Context: The event involves the acquisition of Bitcoin by a company called Strategy, which is associated with Michael Saylor. The acquisition was made through the purchase of 1,587 Bitcoins for $100 million.
Key Facts
Strategy acquired 1,587 Bitcoin for $100 million last week, as part of its strategy to increase its holdings.
The acquisition lifted Strategy's holdings to 846,842 BTC.
The purchase was funded through the sale of MSTR stock, which raised $209 million.