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Market Insight: Microstrategy Bitcoin rises 1.58% to $64,492.
MicroStrategy, recently referred to as Strategy, maintains its position as the largest corporate holder of Bitcoin, reporting a total treasury of 845,256 BTC as of early June 2026. The firm continues to follow a strategy of increasing its net Bitcoin holdings, recently acquiring 1,550 BTC at an average price of $65,332. This purchase followed a small sale of 32 BTC in late May, which the company stated was intended to cover preferred dividend obligations rather than signal a shift in corporate policy.
MicroStrategy holds 845,256 BTC as of June 8, 2026, maintaining its status as the largest corporate Bitcoin holder.
The company's recent Bitcoin acquisition was funded primarily through at-the-market equity sales totaling approximately $181 million.
MicroStrategy's blended cost basis for its Bitcoin holdings is $75,680, placing the treasury in a paper loss position at recent market prices.
Market analysts and observers note that the company's preferred dividend obligations create potential pressure to sell Bitcoin, though management maintains that its long-term strategy remains focused on accumulation.
The company sold 32 BTC to cover dividend obligations on its STRC preferred shares.
The company's stated strategy is to increase its net Bitcoin holdings and the amount of Bitcoin held per share over time.
The firm frequently utilizes at-the-market equity sales to raise capital for its Bitcoin accumulation drive.
The company's leverage on Bitcoin exposure can amplify volatility, and its preferred dividend structure may necessitate selling Bitcoin at times that are not optimal for the company's treasury.
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