{"id":47001,"date":"2026-06-15T12:05:20","date_gmt":"2026-06-15T12:05:20","guid":{"rendered":"https:\/\/cryptd.in\/strategy-buys-another-1587-btc-as-bitcoin-sale-fud-fades-away\/"},"modified":"2026-06-15T12:05:20","modified_gmt":"2026-06-15T12:05:20","slug":"strategy-buys-another-1587-btc-as-bitcoin-sale-fud-fades-away","status":"publish","type":"post","link":"https:\/\/cryptd.in\/en\/strategy-buys-another-1587-btc-as-bitcoin-sale-fud-fades-away\/","title":{"rendered":"Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away"},"content":{"rendered":"

Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately $100 million.<\/p>\n

The average purchase price was just over $63,000, and the company has also increased its USD stash by another $100 million to $1.1 billion. Its total crypto fortune has grown to 846,842 BTC, currently valued at almost $56 billion.<\/p>\n

\n

Strategy has acquired 1,587 BTC for $100 million to increase our $BTC<\/a> Reserve to \u20bf846,842. We have also increased our USD Reserve by $100 million to $1.1 billion. $MSTR<\/a> $STRC<\/a> https:\/\/t.co\/27PYXJN7GD<\/a><\/p>\n

\u2014 Michael Saylor (@saylor) June 15, 2026<\/a><\/p>\n<\/blockquote>\n

Recall that Strategy sold off<\/a> 32 BTC a couple of weeks ago, which, despite what some critics claimed, wasn\u2019t a capitulation event. Instead, it was necessary to support preferred stock distributions, including cash dividends across the firm\u2019s stock series.<\/p>\n

Aside from FUD that was among the reasons behind bitcoin\u2019s price collapse to a 19-month low beneath $60,000, Strategy\u2019s decision raised some eyebrows within the community and prompted Jim Cramer to say that the firm and its co-founder had \u201ckilled\u201d the cryptocurrency.<\/p>\n

Saylor was quick to respond, refuting<\/a> the FUD and indicating that he never said the company would not sell any BTC when it becomes necessary. However, he remains a firm believer that individual investors should refrain from dumping their bitcoin.<\/p>\n

Moreover, Strategy resumed<\/a> its accumulation spree last week, buying 1,550 BTC for just over $100 million.<\/p>\n

Prominent crypto figures, such as Samson Mow and Lyn Alden, defended BTC, arguing<\/a> that if a single entity that likes it so much to buy it cannot kill it with one decision to sell a tiny portion of its holdings.<\/p>\n

The post Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately $100 million. The average purchase price was just over $63,000, and the company has also increased its USD stash by another $100 million to $1.1 […]<\/p>\n","protected":false},"author":1,"featured_media":47003,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-47001","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-feeds"],"yoast_head":"\nStrategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away - cryptd.in<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptd.in\/en\/strategy-buys-another-1587-btc-as-bitcoin-sale-fud-fades-away\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Strategy Buys Another 1,587 BTC as Bitcoin Sale FUD Fades Away - cryptd.in\" \/>\n<meta property=\"og:description\" content=\"Two weeks after announcing its first BTC sale in roughly four years, the Michael Saylor-founded business intelligence giant has reaffirmed its support for bitcoin, acquiring another 1,587 units for approximately $100 million. 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