Strategy buys 520 Bitcoin after sale of MSTR shares

Strategy sells over 2.71 million MSTR shares, raising $335.5 million. Part of that amount goes directly to Bitcoin. The company purchases 520 Bitcoin at an average price of $67.068. while the Bitcoin price currently stands around $64.641. an increase of 1.1% in the past 24 hours.

Bitcoin is available at OKX and Bybit.

Purchase details and total Bitcoin position

Between 15 and 21 June 2026, Strategy sells the shares via its so-called at-the-market programme, or ATM for short. The company uses the net proceeds of $335.5 million partly to purchase 520 Bitcoin for a total of $34.9 million. This makes the average purchase price of this batch $67.068 per Bitcoin, reports the official 8-K filing with the SEC.

As of 21 June 2026, Strategy holds a total of 847,363 Bitcoin, purchased for a cumulative price of $64.1 billion. The average purchase price across the entire portfolio is $75.651 per Bitcoin. This means the current market price is still below that average, indicating that Strategy is currently sitting on an unrealised loss on its total position.

Strategy behind the share programmes

In addition to MSTR shares, Strategy also has several preference shares outstanding, including STRF, STRC, STRK and STRD. In the period from 15 to 21 June, no shares of these funds are sold. The available capacity for issuance remains at $1,619 billion, $17.51 billion, $2.1 billion and $4.01 billion respectively. For MSTR, $25.41 billion is still available for issuance and sale.

Strategy earlier announced a new offering of $21 billion in MSTR shares, the so-called MSTR Increase. That programme will commence once the capacity of the current offering is largely exhausted. Meanwhile, the company’s USD reserve rises to $1.4 billion. Previously, Adam Back wrote that the share sales by Strategy are not a bearish signal for Bitcoin.