•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
Michael Saylor, executive chairman of Strategy, has posted on X teasing that the company will announce another Bitcoin purchase for MSTR on Monday, continuing a routine that has become closely watched by markets.
Strategy currently holds 845,256 BTC, acquired at a total cost of approximately $64 billion. This implies an average cost basis of around $75,680 per coin. The company—formerly known as MicroStrategy—has effectively turned its corporate treasury into the world’s largest publicly traded Bitcoin fund.
The recurring sequence typically follows a post by Saylor on X, often accompanied by a chart or a short phrase, followed by Monday’s SEC 8-K filing confirming another purchase.
Across 2026, the pattern has been consistent. In mid-May, Strategy bought 24,869 BTC for roughly $2 billion. In April, it acquired 13,927 BTC in a deal worth about $1 billion. Saylor has also said Strategy is acquiring Bitcoin at approximately twice the rate of current daily miner production.
Strategy has funded Bitcoin acquisitions through a mix of equity offerings, convertible debt, and the issuance of STRC preferred stocks.
For years, Saylor maintained that Strategy would never sell its Bitcoin. That stance appears to have changed in late May 2026, when the company sold 32 BTC for $2.5 million to fund preferred stock dividends.
The move suggests management is prioritizing growth in Bitcoin holdings per share rather than adhering to an absolute no-sell rule. For shareholders, the practical implication is that the company may use limited sales to meet funding obligations.
With Strategy holding nearly 850,000 BTC—roughly 4% of Bitcoin’s total supply cap—its continued buying at scale can influence broader supply dynamics. Sustained demand at rates exceeding new miner supply may act as a structural tailwind for price.
Investors and traders should also note that Saylor’s social media signals do not disclose the size of upcoming purchases. A Monday filing could reflect anything from a few hundred million dollars to multiple billions.
Finally, Strategy’s financial performance is closely tied to Bitcoin’s price. A sustained downturn would likely increase pressure on debt service obligations and preferred dividend payments—costs that were part of the context for the small BTC sale.
Coinbase has launched a High Yield USDC vault within its in-app DeFi lending offering, adding a second lending option that provides exposure to a wider range of collateral assets. The product is powered by Morpho infrastructure and uses vault allocations curated by Steakhouse Financial.
