Strategy Quietly Adds 705 Bitcoin at $106K Each. Why Saylor’s Still Buying Into the Dip

While the crypto market pulls back from last week’s high, Michael Saylor’s Strategy just bought another 705 BTC, worth over $75 million. The new purchase brings total holdings to 580,955 Bitcoin, officially making Strategy the most aggressive long-term BTC accumulator in history.

But blockchain sleuths say that number may be too low.

Saylor’s Latest Buy: $106K Average Per Coin

According to an SEC filing released Monday, the BTC was purchased between May 26 and June 1 at an average of $106,495 per coin. The buy comes just days after Bitcoin hit an all-time high of $111,800, before pulling back nearly 6 percent.

Despite market hesitation, Strategy has now purchased Bitcoin for eight consecutive weeks, buying consistently through both dips and rallies.

The company’s average cost across all holdings now sits around $70,023, with total exposure nearing $40.7 billion.

Not Their Biggest Buy — But Still a Power Move

While Strategy has previously acquired thousands of coins in a single move, this week’s 705 BTC purchase is still notable.

• The company bought just 130 BTC in March, marking its smallest buy to date.
• Saylor has made it clear that short-term price action doesn’t matter.
• Monday’s buy lifted Strategy’s stock (MSTR) to $372.72, up 0.9% on the day.

Macro uncertainty, inflation pressure, and volatility across risk assets haven’t stopped Strategy from loading up — if anything, they’re leaning harder into Bitcoin as a treasury reserve.

Arkham Says Strategy’s Real Holdings Are Closer to 625,000 BTC

According to Arkham Intelligence, Strategy’s real Bitcoin holdings may exceed 624,000 BTC, including coins held under Fidelity Digital’s omnibus custody.

Arkham claims to have tracked 97% of the firm’s assets, identifying:

• Over 70,800 BTC not previously disclosed
• More than 107,000 BTC sent to Fidelity wallets
• Roughly 327,000 BTC in segregated custody, publicly attributed to Strategy

This puts the total value closer to $60 billion, potentially making Strategy a far larger whale than most investors realize.

Why This Still Matters to Traders

Strategy isn’t just stacking coins. They’re setting a floor on price and changing market psychology. Every buy validates BTC as a long-term treasury asset — not just a speculative trade.

If you’re tracking wallets, watching exchange flows, or front-running macro entries, this kind of institutional movement should be part of your strategy.

Wallet activity from Strategy isn’t happening in a vacuum. It mirrors a wider shift happening across crypto — from retail speculation to institutional accumulation.That same capital rotation is fueling events like the Circle IPO, which saw 20x oversubscription from traditional finance. The signal is clear: legacy money is finally crossing over.Tools like BananaGun are already tracking early flows tied to listings, raises, and treasury activity across chains.

FAQ

Q: How many Bitcoin does Strategy actually own?
Officially: 580,955 BTC.
Unofficially: Arkham estimates 624,000+ BTC across identified wallets and custody structures.

Q: What’s the average cost of their Bitcoin?
Roughly $70,023 per coin. Their most recent buy was at $106,495.

Q: Are they done buying?
Nothing suggests they are. Strategy has bought for eight weeks straight, including during price spikes.

Final Word:
Michael Saylor just added another $75 million to his Bitcoin bet. While retail watches the pullback, Strategy continues to build. Whether you agree or not, the playbook is clear: accumulate relentlessly, ignore the noise, and let time do the heavy lifting.

If you’re still guessing price action without tracking wallets or volume flows, you’re already behind.

‍