As of June 28, 2026, Strategy boasts an impressive 847,363 Bitcoins, valued at approximately $50.9 billion. This colossal digital asset portfolio was amassed through 113 separate purchases, with an average cost basis of $75,653 per Bitcoin. The StrategyTracker chart, shared by Saylor, visually represents the firm's aggressive accumulation strategy, particularly evident throughout 2024 and 2025, with an upward trend in the average purchase price.
This aggressive accumulation reinforces Strategy’s position as a leading corporate holder of Bitcoin globally. Saylor’s unwavering bullish stance on Bitcoin is a cornerstone of the company’s financial strategy.
However, Saylor's confidence in Bitcoin contrasts sharply with the recent performance of Strategy's stock. The company's shares have been under pressure, experiencing an 8% drop to $86 last Thursday, with a further 3.54% decline pushing MSTR to $82.31. This slump is largely attributed to investor concerns regarding Strategy's funding model and its obligations to preferred stock dividends. STRC, the preferred stock at the heart of Strategy's model, has also reached record lows, currently trading around $74.57 after a slight 1.48% increase on Sunday.
Ripple CEO Brad Garlinghouse recently voiced his reservations about Saylor's methodology for financing these Bitcoin acquisitions. While Garlinghouse remains optimistic about Bitcoin's long-term prospects, he suggested that Strategy's approach has negatively impacted the broader cryptocurrency market.
Despite the stock's downturn and external criticism, Strategy maintains that its dollar reserves are sufficient to cover approximately ten months of preferred stock dividend payouts. The company faces a crucial period with its June 30 ex-dividend date and the subsequent monthly STRC dividend rate reset, events that will be closely watched by investors and market analysts alike. Investors will be keen to see if Michael Saylor's bold strategy can weather the current market anxieties and continue to deliver in the long term.
