More

    Michael Saylor hints at further bitcoin purchases as Strategy’s stock price declines

    Published on:

    Michael Saylor hints at further bitcoin purchases as Strategy’s stock price declines. The crypto enthusiast dismissed market doubts by posting a chart of the company’s $50 billion bitcoin holdings and hinted at the need for additional data points.

    — Michael Saylor revealed data indicating that Strategy currently possesses 847,363 bitcoin valued at approximately $50.9 billion as of June 28, 2026, with an average acquisition cost of $75,653 per coin across 113 transactions.

    — The StrategyTracker chart highlights Strategy’s vigorous bitcoin acquisition during 2024-25 and Saylor’s declared intention to persist in buying, solidifying the company’s status as a prominent corporate BTC holder.

    — Despite Saylor’s optimistic outlook, Strategy’s stock has decreased due to worries about its funding model and dividend responsibilities, attracting criticism from Ripple CEO Brad Garlinghouse, even though dollar reserves are reportedly sufficient for about 10 more months of payouts. Michael Saylor shared a StrategyTracker chart on X this Sunday showing that Strategy holds 847,363 bitcoin valued at $50.88 billion as of June 28, 2026, with 113 purchase events and an average cost basis of $75,653 per BTC.

    That chart displays orange bubbles for MSTR’s purchases overlaid on bitcoin price history, showcasing aggressive accumulation particularly in 2024-2025 with the average purchase price line on an upward trajectory.

    «We’re gonna need more charts» indicates Saylor’s plan for ongoing bitcoin acquisitions, creating additional data points as Strategy maintains its position as a leading corporate BTC holder.

    Last week, Ripple CEO Brad Garlinghouse expressed his continued optimism for bitcoin but noted that Saylor’s method of financing bitcoin acquisitions has negatively impacted the broader cryptocurrency market, as the preferred stock central to Strategy’s model dropped to an all-time low.

    Strategy’s (MSTR) stock fell 8% on Thursday to $86, amid concerns regarding its capacity to fulfill dividend obligations. Nevertheless, Saylor’s treasury still has 10 months of dollar reserves available to meet STRC’s dividend commitments. MSTR is currently valued at $82.31 following an additional 3.54% decline. STRC remains around $74.57 after a 1.48% rise on Sunday.

    — 1

    — 2

    — 3

    — 4

    — 5

    — 6

    — 7

    — 8

    — 9

    — 10

    US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both — and only Binance at scale.

    US equities on crypto rails: access is easy, on-chain composability is the real test. Only Binance and Backpack deliver both — and only Binance at scale.

    Related