Michael Saylor Signals More Bitcoin Buys as Strategy Stock Extends Decline

The crypto bull brushed aside market doubts by posting a chart of the firm’s $50 billion bitcoin holdings, hinting that more data points are on the way.

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

The visual features orange markers representing Strategy’s buys plotted against bitcoin’s price history, underscoring the company’s aggressive accumulation—particularly throughout 2024 and 2025—as the average purchase price steadily climbed.

Saylor’s remark, “We’re gonna need more charts,” suggests plans for continued bitcoin accumulation, reinforcing Strategy’s role as one of the largest corporate holders of BTC.

Meanwhile, Ripple CEO Brad Garlinghouse said last week that while he remains optimistic about bitcoin, he believes Strategy’s funding model for its purchases has negatively impacted the broader crypto market, especially as the preferred stock tied to the strategy dropped to record lows.

Strategy (MSTR) shares fell 8% on Thursday to $86 amid concerns over its ability to meet dividend commitments. Despite this, Saylor’s treasury reportedly holds enough dollar reserves to cover STRC dividend payments for the next 10 months. MSTR has since declined further, trading at $82.31 after an additional 3.54% drop, 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