Michael Saylor’s Strategy (MSTR) has resumed purchasing Bitcoin (BTC) in large amounts, disclosing a $105 million buy last week. The firm bought 1,587 Bitcoin, lifting its total holdings to 846,842 BTC. The purchase, executed between June 8 and June 14, was made at an average price of $63,024 per bitcoin and funded through at-the-market sales of the company’s Class A common stock.

The purchase is the resumption of the company’s bitcoin investment plan, after temporarily steering away last week. Strategy sold approximately 1.73 million MSTR shares last week, raising about $209 million through the ATM program. BTC fell to as low as $59,000 last week, before rebounding to its present $66,000 price level. Year to date, the leading cryptocurrency is down 23.78%, reflecting a broad crypto market selloff.

Strategy’s 846,842 BTC was acquired at an average cost of $75,656 per coin, for a total outlay of roughly $64.1 billion, including fees and expenses. At current prices near $66,000, the company carries approximately $8 billion in paper losses. The position represents more than 4% of bitcoin’s hard-capped supply of 21 million coins, making Strategy by far the largest corporate bitcoin holder on the planet.

Also Read: Bitcoin Moves After US-Iran Deal: Is It Enough To Carry BTC?

In addition to the bitcoin purchase, Strategy confirmed its USD Reserve rose to $1.1 billion as of June 14, up from $1 billion the previous week. The reserve, established in December 2025, exists to cover dividend payments on the company’s preferred shares and interest on its debt. Strategy (MSTR) stock is up 7.5% Monday to $133.28.

Some analysts suggest that the crypto market may be on the verge of a rebound, hence Strategy’s bitcoin purchase. Bitcoin’s price is up 4% in early trading at $66,500. Crypto prices are surging after the U.S. and Iran announced that they’ve reached a permanent peace deal and pledged to end military operations in the Middle East. Iran has yet to confirm the deal, but assets including Solana (SOL) and Ethereum (ETH) are also higher.