Two weeks after asserting its first BTC sale in roughly 4 years, the Michael Saylor-founded enterprise intelligence large has reaffirmed its help for bitcoin, buying one other 1,587 models for roughly $100 million.
The common 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 complete crypto fortune has grown to 846,842 BTC, presently valued at virtually $56 billion.
Technique has acquired 1,587 BTC for $100 million to extend our $BTC Reserve to ₿846,842. Now we have 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 bought off 32 BTC a few weeks in the past, which, regardless of what some critics claimed, wasn’t a capitulation occasion. As a substitute, it was essential to help most popular inventory distributions, together with money dividends throughout the agency’s inventory collection.
Apart from 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 throughout 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 crucial. 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.
Distinguished crypto figures, comparable to 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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