Michael Saylor Eyes More Bitcoin Buying Even as MSTR Struggles

Here’s a more concise, slightly sharper rewrite:

The crypto bull dismissed market doubts by sharing a chart of the company’s roughly $50 billion bitcoin holdings, hinting that more data points are coming.

On Sunday, Michael Saylor posted a StrategyTracker chart on X showing Strategy holds 847,363 BTC, valued at approximately $50.88 billion as of June 28, 2026. The chart reflects 113 purchase events, with an average acquisition price of $75,653 per bitcoin.

Orange markers on the chart represent Strategy’s buys plotted against bitcoin’s price history, highlighting aggressive accumulation—particularly throughout 2024 and 2025—as the average purchase price steadily moved higher.

Saylor’s comment, “We’re gonna need more charts,” signals continued bitcoin buying, reinforcing Strategy’s position as a dominant corporate holder of BTC.

Last week, Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but argued that Strategy’s funding strategy has weighed on the broader crypto market, especially as the preferred stock tied to its model fell to record lows.

Strategy (MSTR) shares dropped 8% on Thursday to $86 amid concerns over its ability to meet dividend obligations. Despite this, Saylor’s treasury still holds enough dollar reserves to cover STRC dividends for about 10 months. MSTR has since slipped further to $82.31 after an additional 3.54% decline, while STRC edged up 1.48% on Sunday to around $74.57.

READ MORE: All eyes on Strategy’s June 30 ex-dividend date and monthly STRC dividend rate reset

  • Related Posts

    CoreWeave Rallies 16% as AI Infrastructure Revenue Reaches $2.58B

    CoreWeave Rallies 16% as AI Boom Drives $2.58B Revenue CoreWeave shares jumped 16% in premarket trading Wednesday after the AI infrastructure provider posted better-than-expected quarterly results and raised its revenue…

    Continue reading
    $1.78B Bitcoin Sell Pressure Builds as Overlooked Group Moves to Exit

    Public Bitcoin Miners Quietly Contribute $1.78B in Selling Pressure Publicly traded Bitcoin mining companies have become an overlooked source of BTC selling, adding meaningful supply to the market as Bitcoin…

    Continue reading