Michael Saylor signaled another Bitcoin purchase Sunday by posting MicroStrategy’s tracker chart — the same graphic the company uses to disclose its latest buys. The chairman of Strategy (the rebranded MicroStrategy) shared the chart on June 21, 2026, though no new acquisition has been formally announced in three weeks. Strategy typically files a Bitcoin update each Monday, so a disclosure could come as soon as today.
What the chart shows
Strategy held 846,842 BTC as of its most recent regulatory filing, bought at an average price of $75,658. With Bitcoin trading near $64,082 on Sunday, the position is roughly 10% below cost — worth about $54.2 billion on paper. That’s a big paper loss, but Saylor has never been one to sell. He’s signaled buys before when the price dipped, and the tracker chart is his go-to tell.
The cost of carrying the stack
Holding that much Bitcoin isn’t free. Strategy pays an 11.50% annual dividend on its STRC preferred shares, a cash cost it has to cover. On June 1 the company sold 32 BTC for $2.5 million to fund those preferred dividends. In the same week, it raised $128 million by selling common stock through its at-the-market program. The timing isn’t ideal — selling Bitcoin at a loss to pay preferred holders while issuing equity to raise cash. But Saylor seems to view the whole exercise as a long-term bet on Bitcoin’s appreciation.
Saylor’s call for unity
On the same day he posted the chart, Saylor urged the Bitcoin community to stick together. “Bitcoiners agree on the 99% that matters,” he wrote. It’s a familiar refrain from a man who’s weathered bear markets before. Whether that message resonates with shareholders watching the stock trade below its BTC cost basis is another question.
Strategy’s Monday filing will tell us if Saylor actually pulled the trigger on another purchase — or if the tracker chart was just a reminder of the stack he already owns. Either way, the clock is ticking on that disclosure.
