Strategy (MSTR) Completes 100th Bitcoin Purchase, Adds 592 BTC Amid Price Decline

Strategy (MSTR) Completes 100th Bitcoin Purchase, Adds 592 BTC Amid Price Decline

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News Editor 01
2026-07-02 12:00:14
Strategy (formerly MicroStrategy) has completed its 100th bitcoin acquisition since adopting the cryptocurrency as its primary reserve asset in 2020. The company purchased 592 BTC for approximately $39.8 million at an average price of $67,286 per coin, funded through its at-the-market stock offering program. Total holdings now stand at 717,722 BTC, acquired for $54.56 billion at an average price of $76,020, making Strategy the world's largest corporate bitcoin treasury. The company still has $37.4 billion in securities available for future issuance. Executive Chairman Michael Saylor reiterated that the company has no plans to sell its bitcoin, expecting to buy every quarter forever. The purchase coincided with bitcoin weakening from $68,000 to near $66,000, weighing on MSTR shares which fell over 2% pre-market. According to a January 2026 report, Strategy accounted for over 90% of net new corporate bitcoin purchases.
StrategyMSTRBitcoinCorporate TreasuryMichael Saylor100th PurchaseATM OfferingBitcoin Holdings

100th Bitcoin Acquisition: 592 BTC Added

Strategy (formerly MicroStrategy) completed its 100th bitcoin acquisition since adopting the cryptocurrency as its primary reserve asset in 2020, purchasing 592 BTC for roughly $39.8 million at an average price of $67,286 per coin. The purchase was funded through the sale of 297,940 shares of its Class A common stock via its at-the-market offering program between February 17–22, generating $39.7 million in net proceeds, according to a company statement.

Including this latest acquisition, Strategy now holds 717,722 bitcoin, acquired for an aggregate $54.56 billion at an average price of $76,020 per bitcoin, making it the largest corporate bitcoin treasury in the world.

Financing Capacity and Holdings

The company still has $37.4 billion in securities available for future issuance under its at-the-market program, including $7.8 billion of MSTR stock and $20.3 billion of STRK stock. Strategy maintains a public dashboard detailing its bitcoin holdings, purchases, and market prices in compliance with Regulation FD.

Last week, Strategy purchased $168.4 million in bitcoin, adding 2,486 BTC to bring its total holdings to 717,131 bitcoin at the time. The timing of the 100th purchase coincides with renewed weakness in bitcoin, which dropped from around $68,000 over the weekend to near $66,000, putting pressure on MSTR shares. The stock has fallen more than 2% to around $128 in premarket, reflecting the strong correlation between Strategy's bitcoin exposure and its share price.

Michael Saylor, Executive Chairman, hinted at the purchase on X, posting the company's bitcoin tracker with the caption “The Orange Century,” signaling the milestone 100th acquisition.

Commitment to Holding, Not Selling

Earlier this year, Michael Saylor defended Strategy's approach of regularly buying bitcoin, insisting the company has no plans to sell its holdings even during prolonged market downturns. He argued that fears about leverage and liquidity pressures were unfounded, noting the company has sufficient cash to cover dividends and debt for over two years.

“We're not going to be selling; we're going to be buying bitcoin,” Saylor said. “I expect we'll buy bitcoin every quarter forever.” At the time of writing, bitcoin is trading near $66,000 and shares of Strategy are at $127.90 in pre-market.

According to BitcoinTreasuries.net's January 2026 report, Strategy accounted for over 90% of net new corporate purchases, acquiring 40,150 BTC and ending the month with 712,647 BTC. Its buying made up 93% of public-company gross purchases and 97.5% of net additions, single-handedly bringing sector-wide accumulation back to late-summer levels.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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