{"id":3911,"date":"2026-06-15T23:00:21","date_gmt":"2026-06-15T23:00:21","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3911"},"modified":"2026-06-15T23:00:21","modified_gmt":"2026-06-15T23:00:21","slug":"strategy-adds-1587-more-btc-as-concerns-over-bitcoin-sale-fade","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/06\/15\/strategy-adds-1587-more-btc-as-concerns-over-bitcoin-sale-fade\/","title":{"rendered":"Strategy Adds 1,587 More BTC as Concerns Over Bitcoin Sale Fade"},"content":{"rendered":"\n
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Strategy has reinforced its long term commitment to Bitcoin by purchasing an additional 1,587 BTC for approximately $100 million, just weeks after its first Bitcoin sale in nearly four years sparked widespread debate across the crypto community.<\/p>\n\n\n\n

The latest acquisition was made at an average price of slightly above $63,000 per Bitcoin. Alongside the purchase, the company also expanded its US dollar reserves by another $100 million, bringing its cash holdings to roughly $1.1 billion.<\/p>\n\n\n\n

With this move, Strategy\u2019s total Bitcoin holdings have climbed to 846,842 BTC, a stockpile currently valued at close to $56 billion.<\/p>\n\n\n\n

The renewed accumulation comes after the company sold 32 BTC earlier this month, a decision that fueled fears and speculation among critics. Contrary to claims that the sale signaled capitulation, Strategy explained that the transaction was carried out to support preferred stock obligations, including cash dividend payments tied to various stock series.<\/p>\n\n\n\n

The sale contributed to a wave of fear, uncertainty, and doubt that coincided with Bitcoin\u2019s decline to a nineteen month low below $60,000. It also triggered criticism from some market commentators, with television personality Jim Cramer suggesting that Strategy and co founder Michael Saylor had effectively harmed the cryptocurrency.<\/p>\n\n\n\n

Saylor swiftly pushed back against the narrative, dismissing the concerns and clarifying that he had never promised the company would never sell Bitcoin under any circumstances. He maintained, however, that retail investors should avoid selling their Bitcoin prematurely.<\/p>\n\n\n\n

The company\u2019s latest purchase follows another acquisition made last week, when Strategy added 1,550 BTC worth slightly more than $100 million, signaling that its accumulation strategy remains firmly intact.<\/p>\n\n\n\n

Several prominent figures within the crypto industry, including Samson Mow and Lyn Alden, defended Bitcoin in the wake of the controversy. They argued that if an institution as committed to Bitcoin as Strategy cannot undermine the asset by selling a small fraction of its holdings, then the broader strength and resilience of Bitcoin remain unquestionable.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Strategy has reinforced its long term commitment to Bitcoin by purchasing an additional 1,587 BTC for approximately $100 million, just weeks after its first Bitcoin sale...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3911","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3911","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3911"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3911\/revisions"}],"predecessor-version":[{"id":3913,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3911\/revisions\/3913"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}