---
title: 'Michael Saylor''s Strategy Acquires Another 1,587 Bitcoin for $100 Million'
url: >-
  https://www.cryptocatalyst.news/articles/2026-06-15-microstrategy-adds-1587-bitcoin-to-its-massive-holdings
canonical: >-
  https://www.cryptocatalyst.news/articles/2026-06-15-microstrategy-adds-1587-bitcoin-to-its-massive-holdings
date: '2026-06-15T13:56:23.768915+00:00'
category: bitcoin
tags:
  - bitcoin
  - investment
  - microstrategy
  - michael-saylor
  - institutional
source: CoinDesk
source_url: >-
  https://www.coindesk.com/markets/2026/06/15/strategy-deploys-usd100-million-from-usd-reserves-to-acquire-1-587-btc
publisher: CryptoCatalyst
summary: >-
  Strategy, led by Michael Saylor, just bought 1,587 bitcoin for $100 million at
  an average price of $63,024 per coin. This adds to their already substantial
  bitcoin reserves, reinforcing their long-term bullish stance on the
  cryptocurrency.
image: >-
  https://www.cryptocatalyst.news/images/articles/2026-06-15-microstrategy-adds-1587-bitcoin-to-its-massive-holdings.webp
generated_by: automated editorial pipeline
---
# Michael Saylor's Strategy Acquires Another 1,587 Bitcoin for $100 Million

Strategy, led by Michael Saylor, just bought 1,587 bitcoin for $100 million at an average price of $63,024 per coin. This adds to their already substantial bitcoin reserves, reinforcing their long-term bullish stance on the cryptocurrency.

Strategy, the business intelligence firm chaired by Michael Saylor, has acquired an additional 1,587 bitcoin for $100 million. The purchase was made at an average price of $63,024 per bitcoin, according to a recent announcement.

This latest acquisition brings Strategy's total bitcoin holdings to a staggering figure, further solidifying its position as one of the largest corporate holders of bitcoin. The company has been consistently adding to its reserves, viewing bitcoin as a hedge against inflation and a store of value.

For everyday investors, this move underscores the growing institutional confidence in bitcoin as a long-term asset. It also highlights the potential for significant price appreciation, as large-scale purchases like these can influence market sentiment and demand.

Investors should watch for further announcements from Strategy regarding its bitcoin strategy, as the company's actions often serve as a barometer for institutional interest in the cryptocurrency. Keep an eye on market reactions and any additional purchases or sales that may occur in the coming months.

## Source

This article is a summary of reporting by [CoinDesk](https://www.coindesk.com/markets/2026/06/15/strategy-deploys-usd100-million-from-usd-reserves-to-acquire-1-587-btc), written by an automated editorial pipeline. See https://www.cryptocatalyst.news/editorial-policy.

## How to cite

CryptoCatalyst.news, "Michael Saylor's Strategy Acquires Another 1,587 Bitcoin for $100 Million", 2026-06-15, https://www.cryptocatalyst.news/articles/2026-06-15-microstrategy-adds-1587-bitcoin-to-its-massive-holdings