June 09, 2026 ChainGPT

MicroStrategy Offsets Surprise Sale, Buys 1,550 BTC to Reach Record 845,256 BTC

MicroStrategy Offsets Surprise Sale, Buys 1,550 BTC to Reach Record 845,256 BTC
MicroStrategy’s Bitcoin treasury has rebounded quickly after a surprise sale last week, announcing a fresh, large-scale purchase that more than offsets the earlier disposal. In a Sunday post on X, MicroStrategy co-founder and chairman Michael Saylor revealed the company added 1,550 BTC to its coffers — a buy that cost roughly $101 million. That move pushes MicroStrategy’s total Bitcoin holdings to a new record of 845,256 BTC. The purchase comes just seven days after MicroStrategy briefly shook the market by selling 32 BTC — the first sale after a long accumulation streak dating back to late 2020. Although the amount sold was small, the fact that such a prominent long-term buyer participated in a sale dented sentiment and helped fuel a near-term price pullback. The rapid return to accumulation, however, has already erased that impact on MicroStrategy’s holdings. Saylor’s X post included a snapshot of the BTC portfolio and the caption, “A good time to add more dots.” CEO Phong Le echoed the firm’s long-term strategy, quote-reposting the update: “Our corporate @Strategy is to increase net Bitcoin and Bitcoin per share over time. Rumors otherwise are just rumors.” MicroStrategy also boosted its cash buffer. Saylor said the company added $100 million to its USD reserve, bringing that reserve to $1 billion. That liquidity pool — established last year to ensure the company can meet dividend commitments regardless of market volatility — had been drawn down previously, suggesting it has been tapped to pay dividends amid the recent downturn. The company’s 8-K filing with the SEC indicates the new BTC acquisition was funded by proceeds from MicroStrategy’s at-the-market (ATM) sale of MSTR stock; the same mechanism has been used to fund the USD reserve. The filing notes that the $100 million increase includes cash proceeds that are still settling. Outside MicroStrategy, U.S. Bitcoin spot ETFs continued to see outflows last week. Data from SoSoValue show a net $1.72 billion left those funds — the fourth straight week of negative net flows. At the time of reporting, Bitcoin trades around $63,400, down nearly 12% over the past seven days, as heavy ETF outflows and broader market volatility continue to weigh on prices. Read more AI-generated news on: undefined/news