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BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
BTC $96,420 +2.34% ETH $3,280 +1.82% SOL $185.40 -0.92% BNB $642.50 +0.45% XRP $2.18 +3.12% DOGE $0.082 -1.50% ADA $1.05 +0.80% AVAX $42.10 +1.15%
06/23/2026

Michael Saylor’s Strategy Adds 520 BTC, Now Holds Over 4% of Total Supply

What happened: Michael Saylor’s firm, Strategy, purchased an additional 520 BTC for $35 million, increasing its total holdings to over 4% of Bitcoin’s 21 million supply cap.

Michael Saylor’s Strategy Adds 520 BTC, Now Holds Over 4% of Total Supply

What happened: Michael Saylor’s firm, Strategy, purchased an additional 520 BTC for $35 million, increasing its total holdings to over 4% of Bitcoin’s 21 million supply cap. The company’s Bitcoin reserves are now valued at approximately $55 billion, even as its STRC token faces price pressure.

Why it matters: Strategy’s accumulation underscores the ongoing trend of corporate treasuries using Bitcoin as a reserve asset, despite volatility in related tokens. The firm’s outsized position may influence market liquidity and sentiment, especially if other corporates follow suit.

Source: The Block