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Strategy now controls about 847,000 BTC, up 716,000 since 2022, while its STRC preferred stock fell to a $82.53 low, raising questions on future purchases.
Strategy reported holding roughly 847,000 BTC, an increase of over 716,000 BTC since the 2022 crypto winter, as Michael Saylor announced on X; the same week its flagship preferred stock STRC fell to an intraday low of $82.53, its lowest level since launch, putting pressure on the capital‑raising engine that funds further bitcoin buys【1】.
| At a glance | |
|---|---|
| Bitcoin holdings | ~847,000 BTC |
| BTC added since 2022 | +716,000 BTC |
| STRC price low | $82.53 |
| Recent catalyst | Saylor’s X post & STRC slide |
In October 2022 Strategy (then MicroStrategy) owned about 130,000 BTC when bitcoin hovered near $20,000【1】. After the market crash and a debt overhang of roughly $300 million, the firm raised more than $60 billion and deployed virtually all of it into bitcoin, lifting its holdings to the current level【1】. The latest data from BitcoinTreasuries.net shows the company now controls roughly 4 % of the 21 million‑coin supply【1】.
On June 28, Saylor posted his “orange‑dot” chart, a signal that historically precedes new purchases, and the company disclosed a $35 million acquisition of 520 BTC, bringing its total to 847,363 BTC with an average cost of about $67,000 per BTC【2】. At the same time, MicroStrategy filed a “digital credit capital framework” that for the first time allows a potential sale of up to $1.25 billion worth of bitcoin, marking a shift from its long‑standing “never sell” stance【2】.
STRC’s drop below its $100 par value reduces the effectiveness of the ATM program that converts investor capital into bitcoin purchases. With an 11.5 % annualized dividend on roughly $10.5 billion of outstanding shares, the company faces an annual dividend obligation near $1.3 billion【1】. When the preferred stock trades below par, new capital inflows stall, potentially slowing the pace of future bitcoin accumulation.
Strategy’s bitcoin treasury remains the largest corporate bitcoin holding, but the interplay between its preferred‑stock health and the company’s willingness to both buy and now possibly sell bitcoin will shape the institutional narrative for the cryptocurrency market.
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AI-assisted synthesis by the TrendWatcher Editorial Desk · sourced from 2 outlets · Jul 16, 2026 · How we report
Strategy reports holding 843,775 Bitcoin, valued at more than $55 billion based on a price of $65,576 per coin.
No, the company has paused Bitcoin purchases for five consecutive periods, focusing on cash accumulation and a preferred‑stock buyback instead.
Strategy has $3.75 billion in cash that it has indicated will not be used for Bitcoin repurchases.
The Bitcoin holdings have incurred an unrealized loss of roughly 50% relative to the total amount spent on acquisition.
The Nasdaq‑listed stock rose about 7% on the day of the buyback announcement but is down nearly 40% year‑to‑date.