TLDR
- Strategy purchased 1,550 BTC for $101 million, raising its Bitcoin Reserve to ₿845,256 overall.
- The latest Bitcoin purchase was funded through Strategy’s at-the-market MSTR equity sale program.
- Strategy sold 1.4 million Class A shares, generating about $181 million net proceeds.
- The company’s USD Reserve rose to $1 billion to support payments and debt obligations.
- Bitcoin remains near critical support as older coins return to exchanges during market weakness.
Strategy has expanded its Bitcoin position after purchasing 1,550 BTC for about $101 million, raising its total Bitcoin Reserve to ₿845,256. The company disclosed that the latest acquisition was financed through proceeds from its at-the-market equity program.
According to a new SEC filing, Strategy sold about 1.4 million Class A common shares between June 1 and June 7, generating roughly $181 million in net proceeds. The company said no preferred stock was issued during the same reporting period.
ATM Equity Sale Funds Latest Bitcoin Purchase
Strategy used part of the proceeds from the MSTR share sale to add more Bitcoin to its balance sheet, continuing its long-running reserve strategy. The purchase comes as Bitcoin remains under selling pressure after falling below $60,000 for the first time since October 2024.
Bitcoin later recovered modestly and was trading near $63,462 at press time, according to CoinGecko data cited in the report. Despite the rebound, market conditions remained fragile as traders watched whether BTC could defend the $60,000 to $62,000 support area.
The company also reported that its USD Reserve reached $1.0 billion as of June 7 after a $100 million increase. The reserve, established in December 2025, is designed to support preferred stock dividends and interest payments on outstanding debt.
Bitcoin Weakness Adds Pressure on Strategy Holdings
Strategy is currently facing more than $10 billion in unrealized losses as Bitcoin trades well below recent cycle highs. The pressure follows a broader market correction that has weakened near-term momentum across the cryptocurrency sector.
On-chain data showed increased exchange inflows from older Bitcoin cohorts, especially coins held for three to six months and six to twelve months. Such movements can reflect selling activity when coins that had remained inactive are transferred back to exchanges.
Repeated inflow spikes during a declining market can add supply pressure and slow recovery attempts. The latest movement suggests that medium-term Bitcoin holders have become more active during the current correction.
BTC Technical Picture Remains Bearish Near $60K
Bitcoin’s chart showed BTC trading near $62,900, with the monthly candle down about 14.47%. The price has moved below its recent consolidation range after failing near the $110,000 to $120,000 resistance area.
The key support zone remains near $60,000 to $59,000, with the monthly low close to $59,100. A monthly close below $59,000 could expose the $52,000 to $50,000 range, followed by the $45,000 to $42,000 area.
Immediate resistance stands near $67,000 to $70,000, while stronger resistance sits near $75,000 to $80,000 and then $90,000. Monthly RSI near 42.45 and a bearish MACD reading show that momentum remains weak, leaving Bitcoin dependent on a sustained recovery above nearby resistance.
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