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Michael Saylor

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Strategy Rebounds to $1.4B Unrealized Gain as BTC Surges
business3 days ago

Strategy Rebounds to $1.4B Unrealized Gain as BTC Surges

Strategy, the Bitcoin treasury vehicle led by Michael Saylor, has swung from about $13 billion underwater in July to roughly $1.4 billion in unrealized gains as Bitcoin trades around $77,000. The firm holds 840,447 BTC acquired at an average price of $75,385, with BTC near its average purchase price helping lift the position back into the black. The rebound follows the company selling BTC earlier this year to fund STRC buybacks and dividends, including 6,948 BTC sold for $432.5 million since May, and later raising $334 million via MSTR share sales to boost its cash cushion to about $4.8 billion. Shares rose about 10% pre-market on the rally, though BTC remains below its October peak.

Strategy Sells Bitcoin to Back STRC and Fund Buybacks
business21 days ago

Strategy Sells Bitcoin to Back STRC and Fund Buybacks

Strategy sold 1,638 BTC for about $104.7 million last week, reducing its BTC stash to 842,138 coins; proceeds funded $52.4 million in STRC dividends and an $81 million STRC preferred-share buyback, with the rest boosting cash reserves to roughly $4 billion for about 2.3 years of runway. The firm hasn’t bought BTC since June 22, and Michael Saylor has signaled a shift from his old “never sell” stance as BTC hovers near $64k amid mixed market news.

Saylor Signals Potential BTC Buy as Strategy Keeps STRC at 12% Dividend
business23 days ago

Saylor Signals Potential BTC Buy as Strategy Keeps STRC at 12% Dividend

Strategy’s Michael Saylor teed up a possible BTC purchase with his 'Bitcoin Drive engaged' post after five weeks without a disclosed buy, while STRC will maintain its 12% variable dividend for August; the firm last reported holding about 843,775 BTC, bought for roughly $63.69 billion, a stake now valued around $53.3 billion as BTC trades near $63k, following sales and buys to fund distributions and cash reserves.

AI Spending Could Slow Bitcoin Before It Boosts It, Says Saylor
markets25 days ago

AI Spending Could Slow Bitcoin Before It Boosts It, Says Saylor

Saylor argues that AI infrastructure investment by SpaceX, Google, Meta and others is temporarily diverting capital away from Bitcoin, creating a near-term headwind. He believes the AI spending cycle will eventually mature toward equilibrium, potentially turning into a tailwind, while noting other factors like trade tensions, regulatory delays and macro conditions as additional headwinds.

Strategy Adds 1,550 BTC for $101M, Raising Holdings to 845,256 BTC
bitcoin2 months ago

Strategy Adds 1,550 BTC for $101M, Raising Holdings to 845,256 BTC

Strategy, led by Michael Saylor, bought 1,550 more BTC for about $101.3 million (average ~$65,332) between June 1–7, lifting its total to 845,256 BTC (roughly $53.5 billion). The purchases were funded via ATM sales of MSTR stock, the firm’s USD reserves rose to $1 billion, and the stake now accounts for just over 4% of Bitcoin’s supply, implying about $10.5 billion in paper losses at current prices.

Saylor hints at new BTC buy as Strategy remains underwater
markets2 months ago

Saylor hints at new BTC buy as Strategy remains underwater

Strategy's executive chairman Michael Saylor posted a BTC acquisition tracker on X with the caption 'A good time to add more dots,' a signal that a fresh bitcoin purchase may be disclosed this week. Strategy holds about 843,706 BTC at an average cost of $75,699 as of May 31, leaving the treasury roughly $11.7 billion underwater at current prices as BTC trades around the $61k level. The signal follows Strategy's June 1 disclosure that it sold 32 BTC (May 26–31) for about $2.5 million to fund the STRC dividend, and it comes one day before the June 8 annual meeting vote on moving STRC dividend payments from monthly to twice monthly. If a new buy is disclosed, it would fit Saylor’s pattern of signaling purchases ahead of 8-K filings, amid a broader market backdrop of weak prices and ETF outflows.

Strategy’s Bitcoin Bet Strains Under Three-Way Pressure
business2 months ago

Strategy’s Bitcoin Bet Strains Under Three-Way Pressure

Strategy Inc., built to buy and hold Bitcoin, now faces a three-front squeeze as Bitcoin slides, the stock falls, and its STRC preferred shares trade below par. The firm just sold 32 Bitcoin for about $2.5 million—its first sale since 2022—raising the question of whether it can simultaneously protect Bitcoin holdings, support the stock, and maintain confidence in the preferred shares; analysts say one group may have to bear the pain to protect the others.

Strategy's BTC Sale Tests the Inoculation Plan as Market Reacts
business2 months ago

Strategy's BTC Sale Tests the Inoculation Plan as Market Reacts

Strategy sold 32 BTC for about $2.5 million and used $2 billion from STRC to buy 24,869 BTC, draining cash ahead of a monthly dividend. The move breaks the long-running “never sell” narrative, sparks concerns of a structural crack in Strategy’s Bitcoin yield flywheel, and coincides with STRC depegging and about $1.76 billion in liquidations as BTC trades near the mid-$60k range. Analysts split: some see it as balance-sheet leverage friction rather than a death spiral, while others see potential for further equity raises or dividend tweaks and possible more BTC sales. The path forward remains uncertain amid volatile price action and shifting institutional dynamics.

Saylor Sells BTC for First Time Since 2022, Funds STRC Payouts
business2 months ago

Saylor Sells BTC for First Time Since 2022, Funds STRC Payouts

Strategy Executive Chairman Michael Saylor disclosed selling 32 BTC between May 26–31 at an average of about $77,135 (roughly $2.5 million), marking the first Bitcoin sale by the company since December 2022. Proceeds will fund distributions on STRC preferred stock, even as STRC carries roughly $13.5 billion in preferred obligations with about $871 million in cash, raising questions about future selling and dividend coverage. The news coincides with a Bitcoin dip to around the $69k area and has spurred a Polymarket dispute over whether the May sale qualifies, highlighting investor uncertainty about Strategy’s ongoing crypto exposure.

Strategy CEO: Bitcoin would need to crash to 8,000 and stay years before balance-sheet risk
companies6 months ago

Strategy CEO: Bitcoin would need to crash to 8,000 and stay years before balance-sheet risk

Strategy CEO Phong Le said the balance sheet is safe unless Bitcoin falls to about $8,000 and remains there for five to six years; the company posted a $12.6 billion quarterly net loss from unrealized BTC losses as Bitcoin traded around $64,800, while Michael Saylor dismissed quantum-threat concerns as 'horrible FUD' and announced a Bitcoin Security program to bolster resilience amid the crypto sell-off.

Strategy Bets Big on Bitcoin With a $2.1B Buy
business7 months ago

Strategy Bets Big on Bitcoin With a $2.1B Buy

Strategy spent $2.1 billion to buy 22,300 BTC—the firm’s largest Bitcoin purchase in over nine months—funded mainly by issuing common stock (about 77%) and nearly $300 million from selling STRC preferred shares. Bitcoin traded around the $90k–$97k range amid volatility, while Strategy’s stock has fallen sharply and the company says it holds about $2.2 billion in cash. STRC, a preferred share marketed by Saylor as a digital-credit instrument, helped fund the buys and is tied to the par value near $100.

MicroStrategy's December Bitcoin Boom and Stock Decline
business7 months ago

MicroStrategy's December Bitcoin Boom and Stock Decline

MicroStrategy, led by Michael Saylor, experienced a significant stock decline at the end of 2025, despite holding the world's largest Bitcoin treasury worth around $59 billion. The company's stock fell over 50% in three months due to market pressures, risks of delisting, and dilution from Bitcoin purchases, although it increased its cash reserves to support dividends and manage Bitcoin volatility.