Strategy adds 1,587 Bitcoin for $100 million, now controls roughly 4% of total supply

Strategy purchased 1,587 Bitcoin for approximately $100 million at an average price of $63,024 per coin, the company disclosed Monday morning, pushing its total reserve to 846,842 BTC, roughly 4% of the 21 million coins that will ever exist.

Executive chairman Michael Saylor announced the acquisition on X at 8:02 a.m. ET. In the same post, he confirmed the company had also expanded its USD reserve by $100 million, bringing that cash balance to $1.1 billion, a detail that distinguishes this purchase from a simple accumulation play and points to deliberate treasury management.

The numbers

The $63,024 average entry price sits below current spot levels, meaning the position carried an unrealized gain at the time of disclosure. Corporate buyers of this scale typically spread purchases across multiple days or weeks to minimise market impact, so the disclosed figure represents a blended cost rather than a single transaction price.

Why the dollar reserve expansion matters as much as the Bitcoin buy

The most underreported detail in Monday’s announcement is not how many coins were bought, it is that Strategy grew its cash reserve at the same time. Raising the USD reserve to $1.1 billion while adding Bitcoin signals that executives are actively managing liquidity rather than deploying every available dollar into BTC.

Strategy has operated this dual-reserve model for several years, using equity and debt issuances to fund Bitcoin purchases while maintaining dollar liquidity for operational needs and future financing. The simultaneous expansion of both reserves reinforces the discipline of that approach and suggests the company is positioning for continued purchases without overextending its cash position.

At 846,842 BTC, Strategy controls roughly 4% of Bitcoin’s fixed 21 million supply, a concentration that makes the company’s purchase cadence one of the most closely tracked signals of institutional conviction in digital asset markets.

What this means for traders watching the Bitcoin price

Large corporate purchases executed below prevailing spot price can establish informal price floors in the eyes of market participants. When a buyer with Strategy’s profile commits $100 million at a specific level, traders frequently treat that entry as a near-term support reference, not because it guarantees a floor, but because it signals where a sophisticated, long-horizon buyer perceived value.

Strategy remains the largest publicly traded corporate holder of Bitcoin. Its purchases have arrived at regular intervals through 2025 and into 2026, establishing a pattern analysts now treat as a proxy for broader institutional appetite.

Further detail on the financing structure behind this round will be disclosed in the company’s next 10-Q filing with the SEC. Strategy’s shares trade on Nasdaq under the tickers MSTR and STRC.