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    Home»Cryptocurrency»Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away
    Cryptocurrency

    Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away

    CryptoGateBy CryptoGateJune 15, 2026No Comments2 Mins Read
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    The corporate’s whole stash has now grown to 846,842 BTC.

    Two weeks after asserting its first BTC sale in roughly 4 years, the Michael Saylor-founded enterprise intelligence large has reaffirmed its assist for bitcoin, buying one other 1,587 items for roughly $100 million.

    The typical buy worth was simply over $63,000, and the corporate has additionally elevated its USD stash by one other $100 million to $1.1 billion. Its whole crypto fortune has grown to 846,842 BTC, at present valued at nearly $56 billion.

    Technique has acquired 1,587 BTC for $100 million to extend our $BTC Reserve to ₿846,842. We’ve got additionally elevated our USD Reserve by $100 million to $1.1 billion. $MSTR $STRC https://t.co/27PYXJN7GD

    — Michael Saylor (@saylor) June 15, 2026

    Recall that Technique sold off 32 BTC a few weeks in the past, which, regardless of what some critics claimed, wasn’t a capitulation occasion. As an alternative, it was essential to assist most popular inventory distributions, together with money dividends throughout the agency’s inventory sequence.

    Other than FUD that was among the many causes behind bitcoin’s worth collapse to a 19-month low beneath $60,000, Technique’s resolution raised some eyebrows inside the group and prompted Jim Cramer to say that the agency and its co-founder had “killed” the cryptocurrency.

    Saylor was fast to reply, refuting the FUD and indicating that he by no means stated the corporate wouldn’t promote any BTC when it turns into obligatory. Nevertheless, he stays a agency believer that particular person traders ought to chorus from dumping their bitcoin.

    Furthermore, Technique resumed its accumulation spree final week, shopping for 1,550 BTC for simply over $100 million.

    You may additionally like:

    Distinguished crypto figures, reminiscent of Samson Mow and Lyn Alden, defended BTC, arguing that if a single entity that likes it a lot to purchase it can’t kill it with one resolution to promote a tiny portion of its holdings.

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