Strategy added about $35 million in bitcoin and increased its cash reserves by $300 million last week. The moves reflect the company’s strategy to bolster its balance sheet through portfolio adjustments.

Strategy founder Michael Saylor said the company bought 520 BTC for $35 million. The purchase lifts Strategy’s total Bitcoin holdings to 847,363 BTC. Saylor also said the firm holds a $1.4 billion cash reserve.

Michael Saylor posted Strategy’s “orange dots” Bitcoin acquisition tracker on X with the caption, “Looks better with more dots,” and traders interpreted it as a signal ahead of another corporate BTC buy. The post came after a confirmed ~$100 million purchase for the week of June 8–14. It also coincided with US-Iran emergency talks in Switzerland that helped push Bitcoin back above $64,000 over the weekend.

Franklin Templeton filed two new exchange-traded funds with the SEC on June 18, 2026, designed to automatically convert dividends from U.S. stocks into bitcoin exposure. The structure would turn quarterly payouts from companies such as Apple, Microsoft, or ExxonMobil into rules-based bitcoin dollar-cost-averaging purchases. The filing comes as on-chain activity nears record highs, with BTC microtransactions rising sharply.

Bitcoin balances held on OTC desks have dropped to an all-time low near 150K BTC. The decline points to a shrinking pool of readily available supply.

Bitcoin (BTC), Ethereum (ETH), and XRP are starting the week on steadier footing after declines in the prior week. BTC is trading above $64,000 but remains below major moving averages, leaving the broader trend bearish.

Bitcoin is trading under pressure, down 1.57% over the past 24 hours and hovering in the mid-$60K range. The article cites a hawkish Fed last week, higher bond yields, and a weakening chart structure as key headwinds.

Bitcoin has fallen nearly 50% from its October peak above $126,000 and is trading below $65,000. Analyst Michaël van de Poppe said BTC is holding the 200-week moving average and is “refusing to drop deeper,” arguing that sell pressure remains limited despite multiple negative headlines. He cited the Iran conflict, concerns around STRC tied to Strategy’s fundraising for additional BTC purchases, spot Bitcoin ETF outflows, and renewed inflation alongside a lack of Fed rate cuts. Van de Poppe added that holding above the $60,000 support suggests the downturn may be largely finished.