Key facts
- MicroStrategy holds 847,363 bitcoin valued at $50.9 billion as of June 28, 2026.
- The average purchase price for MicroStrategy's bitcoin holdings is $75,653 per coin.
- Michael Saylor indicated plans for continued bitcoin purchases.
- MicroStrategy's stock has fallen due to concerns about its funding model and dividend obligations.
- The company has approximately 10 months of dollar reserves to cover dividend payments.
Michael Saylor, CEO of MicroStrategy, has indicated the company's intention to continue its aggressive bitcoin accumulation strategy, revealing that MicroStrategy currently holds 847,363 bitcoin valued at approximately $50.9 billion as of June 28, 2026. The average purchase price across 113 buys stands at $75,653 per coin.
Despite Saylor's bullish outlook and plans for further purchases, MicroStrategy's stock has experienced a significant decline. The stock fell 8% on Thursday to $86 and continued to drop to $82.31, with a further 3.54% decrease on Sunday, reaching $74.57. This downturn is attributed to concerns surrounding the company's funding model and its ability to meet dividend obligations. However, Saylor's treasury reportedly holds sufficient dollar reserves to cover approximately 10 more months of these payouts.
Ripple CEO Brad Garlinghouse commented on the situation, stating that while he remains bullish on bitcoin, Saylor's approach to funding bitcoin purchases has negatively impacted the broader cryptocurrency market.