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Michael Saylor's company buys $100M more Bitcoin, raising total reserves to 846,842 BTC.

Market News
15 Jun 2026
Cointribune
View Source
Bullish
pluang ai news

Michael Saylor's company, Strategy, purchased an additional 1,587 bitcoins for $100 million, increasing its total Bitcoin holdings to 846,842 BTC. This purchase was made during a market dip at an average price of $63,024 per Bitcoin, below the company's average acquisition cost of $75,656. The acquisition was partly funded by selling 1.73 million ordinary shares of its stock, generating $209 million, of which less than half was used to buy Bitcoin. Despite the portfolio still being under pressure due to Bitcoin's price volatility, Saylor remains committed to accumulating Bitcoin, balancing financial exposure with flexible capital management strategies.

More News

Polkadot faces investor fear as adoption doubts and resistance levels limit price recovery.

Polkadot faces investor fear as adoption doubts and resistance levels limit price recovery.

Polkadot (DOT) has become a focal point in crypto discussions due to growing concerns about its adoption, competition, and long-term growth, leading to a sharp decline in investor confidence. Despite strong developer activity, traders doubt if this w...

Technical Signals
Bearish
4 hours ago
Strategy Inc.'s preferred stock tumbles amid Bitcoin price pressure, raising investor concerns.

Strategy Inc.'s preferred stock tumbles amid Bitcoin price pressure, raising investor concerns.

Strategy Inc.'s Variable Rate Series A Perpetual Stretch Preferred Stock (STRC) has fallen sharply below its $100 par value, pushing yields above 11% amid Bitcoin price stagnation and selloffs. The preferred stock, designed to offer stable dividends ...

Market News
Bearish
4 hours ago
Axelar confirms security incident did not affect its network or IBC, blaming a third-party token contract bug.

Axelar confirms security incident did not affect its network or IBC, blaming a third-party token contract bug.

Axelar announced that a recent security incident did not impact its own network or the Inter-Blockchain Communication (IBC) protocol. The issue was traced to a bug in a third-party token contract's minting process, isolating the problem from Axelar's...

Market News
Neutral
4 hours ago
Nobel laureate John Jumper leaves DeepMind to join AI rival Anthropic

Nobel laureate John Jumper leaves DeepMind to join AI rival Anthropic

John Jumper, a Nobel Prize-winning scientist known for leading DeepMind's AlphaFold team, announced his departure from DeepMind after nearly nine years to join Anthropic, a competing AI company. Jumper's work on AlphaFold, which predicts protein stru...

Market News
Neutral
4 hours ago
Bitdeer sells all Bitcoin mined since Feb, raising $205M to pivot into AI and high-performance computing.

Bitdeer sells all Bitcoin mined since Feb, raising $205M to pivot into AI and high-performance computing.

Bitdeer Technologies, a NASDAQ-listed Bitcoin mining firm, sold all 3,231 BTC it owned since February 2026, totaling over $205 million. The company is using the proceeds to shift from pure Bitcoin mining to building AI and high-performance computing ...

Market News
Neutral
4 hours ago
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