Strategy Inc. (formerly MicroStrategy, Nasdaq: MSTR), the world’s largest corporate holder of Bitcoin, has confirmed its latest weekly Bitcoin purchase, reinforcing its position as the preeminent corporate Bitcoin treasury adopter.
In its latest 8-K filing, Strategy confirmed purchase of 1,587 BTC between June 8 and June 14, 2026, at an aggregate cost of $100 million. The company acquired the coins at an average price of $63,024 per Bitcoin. The firm’s cumulative investment in Bitcoin now stands at $64.07 billion, reflecting an overall average purchase price of $75,656 per coin.
This latest addition brings Strategy’s total Bitcoin holdings to 846,842 BTC as of June 14, 2026.
In a move consistent with its long-standing strategy under Executive Chairman Michael Saylor, the company continues to deploy capital raised primarily through equity and preferred stock offerings into Bitcoin.
The filing shows that Strategy raised $209 million in net proceeds during the week of June 8–14, 2026, by selling 1,732,553 shares of its Class A common stock (MSTR). No preferred stock issuances occurred during the period. The company continues to maintain substantial capacity for future capital raises, with over $25.7 billion in common stock and billions more in various preferred stock series still available for issuance.
This latest addition pushes Strategy’s holdings further into uncharted territory, cementing its role as a bellwether for institutional Bitcoin adoption amid ongoing market volatility.
Mounting Criticism on Strategy and Michael Saylor
The latest purchase comes against a backdrop of heightened scrutiny following Strategy’s first Bitcoin sale since 2022. In late May 2026, the company sold 32 BTC for about $2.5 million at an average price of $77,135 per coin. Proceeds from this sale funded obligations related to its preferred stock dividends.
Critics, including prominent voices like Peter Schiff and segments of the Bitcoin community, labeled the transaction as hypocritical, pointing to Saylor’s long-standing personal mantra of “never sell your Bitcoin.”
The sale, though minuscule (roughly 0.004% of holdings), triggered sharp market reactions, with some accusing Strategy of engaging in unsustainable financial engineering akin to a “Ponzi” structure reliant on continuous equity raises at premiums.
Saylor addressed the backlash directly, clarifying that his advice applied to individual holders, not corporate treasury management. “I said to you, never sell your Bitcoin. I never said that the company wouldn’t sell its Bitcoin,” he stated at BTC Prague. The company quickly resumed net accumulation, purchasing far more BTC shortly after the small sale.
Detractors also highlight risks from high leverage, dependence on stock sales (often at premiums to net asset value), and exposure to Bitcoin volatility. Strategy’s stock has traded at significant premiums and discounts to its Bitcoin holdings at times, amplifying concerns about dilution for common shareholders.
MSTR Stock Performance, Financials, and Dividend Updates
Strategy’s Class A common stock (MSTR) closed at $123.97 on June 12, 2026, reflecting a market capitalization of approximately $43.8 billion. The shares have experienced significant volatility, with a 52-week range from $104.17 to $457.22. Year-to-date performance in 2026 has been challenged amid broader Bitcoin price consolidation.
The company’s enterprise value stands around $65 billion, incorporating debt and preferred securities. Strategy maintains a substantial USD reserve (nearly $1 billion) and continues to issue securities to fund Bitcoin acquisitions without direct selling pressure on its core holdings in most periods.
Moreover, financial results reflect the impact of Bitcoin accounting. In Q1 2026, Strategy reported total revenues of $124.3 million (up 11.9% year-over-year) but posted a significant operating loss of $14.47 billion and net loss of $12.54 billion, largely due to non-cash unrealized losses on its digital assets amid price declines. The company’s gross profit margins remained healthy at 67.1%.
On the dividend front, Strategy has shifted focus to its Variable Rate Series A Perpetual Stretch Preferred Stock (STRC). Shareholders recently approved moving to a semi-monthly (biweekly) dividend cadence. Record dates now fall on the 15th and last day of each month, with payments shortly thereafter.
The current variable annualized dividend rate stands at approximately 11.50% based on the $100 stated amount, providing attractive yields for preferred holders while supporting the company’s capital structure.
This structure helps manage liquidity for preferred obligations while prioritizing Bitcoin accumulation for common shareholders through Bitcoin-per-share growth.
Strategic Outlook
Strategy’s approach—often described as “securitizing Bitcoin”—has inspired other corporations to explore similar treasury strategies, though few match its scale or consistency. With Bitcoin’s long-term thesis intact among proponents, the company aims to continue expanding its reserve, potentially targeting further milestones in 2026.
The firm’s Bitcoin Yield metrics, a key performance indicator tracking growth in BTC per share, still remains robust at 12.8% while its year-to-date and quarter-to-date yields have remained remarkable despite Bitcoin’s price fluctuations.
With Strategy’s Bitcoin holdings now grown from negligible levels in 2020 to hundreds of thousands of BTC, it has outpaced all other corporate treasuries combined in recent periods.
Analysts and the market will closely watch the balance between capital raises, BTC yield delivery, and navigating volatility. As Saylor frequently notes via his signature chart updates, the company remains firmly in accumulation mode.
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