Strategy MicroStrategy Bitcoin Treasury Saylor June 2026

Strategy (MSTR) Bitcoin Treasury Update

Holdings

• Total BTC: 843,738 BTC
• Total Cost Basis: ~$63.87B
• Average Price: ~$75,700 per BTC
• Cash Reserve: ~$871M ($900M range)

Recent Activity

• Bought 3,273 BTC for $255M at avg $77,906/BTC (prior to pause)
• Sold 32 BTC (~$2.5M) to fund STRC preferred stock dividends — first BTC sale since Dec 2022
• Bought bonds not BTC this week — Saylor: "The ₿Vac is charging"
• Repurchased $1.5B in 2029 convertible notes for ~$1.38B (reduces dilution)
• MSTR stock fell 9% on June 2, down 26% over past month

Saylor Commentary

• "Make STRC the best credit instrument in the world"
• Bitcoin should avoid "choosing between purity and adoption"
• Teased "₿ack to Work" post on June 3
• Citi: BTC ETF outflows (45% of price moves) matter more than Strategy's sale

Competitors

• Strive added 2,500 BTC, expanded fundraising plans by $4.2B; holds ~19,000 BTC
• Kraken offers SpaceX IPO access through xStocks service