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Michael Saylor teases more bitcoin buying even as Strategy stock continues to fall

· CoinDesk

The crypto bull shrugged off market skepticism by sharing a chart of the company's $50 billion stash and teasing that they are going to need more data points.

  • Michael Saylor shared data showing Strategy now holds 847,363 bitcoin worth about $50.9 billion as of June 28, 2026, with an average purchase price of $75,653 per coin across 113 buys.
  • The StrategyTracker chart underscores Strategy’s aggressive bitcoin accumulation in 2024-25 and Saylor’s stated intention to keep buying, reinforcing the firm’s role as a leading corporate BTC holder.
  • Despite Saylor’s bullish stance, Strategy’s stock has slumped amid concerns over its funding model and dividend obligations, drawing criticism from Ripple CEO Brad Garlinghouse even as dollar reserves are said to cover about 10 more months of payouts.

Michael Saylor shared a StrategyTracker chart on X this Sunday showing Strategy holds 847,363 bitcoin valued at $50.88 billion as of June 28, 2026, with 113 purchase events and an average cost basis of $75,653 per BTC.

That chart displays orange bubbles for MSTR's buys overlaid on bitcoin price history, highlighting aggressive accumulation especially in 2024-2025 with the average purchase price line trending upward.

"We’re gonna need more charts" signals Saylor's intent for continued bitcoin purchases, generating more data points as Strategy maintains its position as a leading corporate BTC holder.

Last week, Ripple CEO Brad Garlinghouse said he remains bullish on bitcoin but that Saylor's approach to funding bitcoin purchases has damaged the wider cryptocurrency market, as the preferred stock at the center of Strategy's model fell to a record low.

Strategy's (MSTR) stock fell 8% lower Thursday to $86, amid concerns about its ability to meet dividend obligations. However, Saylor’s treasury still has 10 months of dollar reserves available to cover STRC's dividend obligations. MSTR is currently priced at $82.31 following a further 3.54% drop. STRC hovers around $74.57 after a 1.48% increase on Sunday.

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