Strategy buys 1,587 Bitcoin for $100 million

Under Michael Saylor's leadership, Strategy purchased 1,587 Bitcoin for approximately $100 million at an average price of $63,024 per coin. This acquisition, announced on June 15, 2026, increases the company's total reserves to 846,842 BTC. The investment reflects growing institutional confidence in Bitcoin, although the massive holdings increase investor exposure to asset concentration and market volatility. The purchase occurred as concerns regarding Bitcoin sales began to diminish within the broader market.