Strategy Grabs 520 More Bitcoin for $35M Despite Sitting Nearly $10B Underwater

CN
2 hours ago

  • Key Takeaways:

    • Strategy bought 520 BTC for $35M on June 22, 2026, its third straight weekly acquisition.
    • Saylor’s firm holds 847,363 bitcoin total, with MSTR stock up over 800% in five years.
    • Strategy’s $1.4B USD Reserve expansion signals continued support for its Digital Credit securities.
  • The purchase marks the third consecutive week of bitcoin accumulation for Strategy. Saylor disclosed the transaction in a Monday morning post on X to his roughly 5 million followers, confirming the company also increased its USD Reserve by $300 million to $1.4 billion to support the credit quality of its Digital Credit securities.

    At bitcoin’s current price of $64,564, Strategy’s holdings carry a market value in the tens of billions. The company has built its position through a mix of debt issuance, equity sales, and capital raised through preferred share instruments, including STRC.

    Saylor telegraphed the move a day early. On Sunday, he posted to X: “Looks better with more dots.” The phrase follows a pattern the executive has used repeatedly before announcing new purchases on Mondays, a signal his followers have come to recognize as a near-certain preview of acquisition news.

    On Saturday, Saylor offered a broader philosophical note directed at the Bitcoin community. “Bitcoiners agree on the 99% that matters,” he wrote on X. “We shouldn’t let the 1% divide us while nearly all global capital has yet to enter Bitcoin’s monetary network. The opportunity is bigger than the argument.”

    Strategy‘s cost-basis range leaves the company’s treasury position roughly $9.8 billion underwater at current prices, based on its dollar-cost averaging range. The firm has continued purchasing through that pressure, a posture Saylor has defended publicly on multiple occasions by pointing to bitcoin’s long-term trajectory rather than short-term price levels.

    The strategy has drawn both admirers and critics. MSTR stock has climbed more than 800% over the past five years, a performance that has kept investors in the conviction camp even as skeptics question the risk of using leverage and preferred equity to fund ongoing bitcoin purchases.

    Strategy remains the largest known corporate holder of bitcoin globally. Its continued accumulation, even in smaller tranches, reinforces an institutional signal that the firm views current price levels as an acceptable entry point.

    The smaller purchase size could reflect capital deployment timing, preferred share mechanics, or deliberate pacing, but Saylor’s Sunday post suggests further buys are likely in the weeks ahead.

    With institutional adoption still expanding and Saylor arguing that most global capital has yet to reach bitcoin’s network, the firm shows no sign of stepping back from its core treasury strategy.

    免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

    Share To
    APP

    X

    Telegram

    Facebook

    Reddit

    CopyLink