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

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.

READ MORE: All eyes on Strategy’s June 30 ex-dividend date and monthly STRC dividend rate reset