MicroStrategy Resumes Bitcoin Purchases, Clarifies Net-Buyer Strategy
MicroStrategy has resumed acquiring Bitcoin, purchasing 535 BTC for $43 million, while Executive Chairman Michael Saylor clarified the firm’s strategy to remain a net buyer. Despite earlier hints of selling assets to fund dividends or harvest tax losses, Saylor emphasized a commitment to buying significantly more than is sold. This approach aims to offset Q1 unrealized losses and maintain shareholder value. The announcement stabilized market sentiment, reinforcing MicroStrategy’s position as the largest corporate Bitcoin holder with over 818,000 BTC, despite ongoing debates about its financial leverage and dividend obligations.
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Strategy Boosts Cash Reserves by $225M Through MSTR Stock Sale, Bitcoin Holdings Unchanged
Strategy, the world's largest Bitcoin treasury company, added $225 million to its cash reserves last week by selling 2,732,318 shares of MSTR common stock through an at-the-market offering program, netting $263.5 million. The funds were deposited into its USD Reserve, which now totals $3.225 billion, used to pay dividends to preferred shareholders and cover debt obligations. The company's Bitcoin holdings remain untouched at 843,775 BTC, representing roughly 4% of Bitcoin's total supply. This move follows a similar $466.7 million stock sale the previous week. Gold advocate Peter Schiff criticized the decision, arguing it needlessly dilutes common shareholders to protect preferred holders without selling Bitcoin. Strategy has sold Bitcoin only six times since 2020, with three sales occurring in 2026. The company's weekly cash reserve updates are closely watched as market signals for cryptocurrency trends.
Yahoo FinanceStrategy Stock Rises After Raising $263 Million Without Selling Bitcoin
Strategy (MSTR) stock rose on Monday after the company disclosed it raised $263 million by selling common stock, without buying or selling any bitcoin during the same period. The stock sale provides additional runway to fund dividends without reducing its bitcoin holdings. The company, led by Michael Saylor, has faced significant pressure due to a monthlong bitcoin downturn, with its stock down 38% since the start of 2026. Late last month, Strategy launched a turnaround plan authorizing the sale of up to $1.25 billion in bitcoin to grow cash reserves or buy back shares, as well as up to $2 billion in stock buybacks. The company sold 2,225 bitcoin at the beginning of July but has not sold any in the past two weeks. Strategy is balancing rising cash needs amid bitcoin's bear market, marking a reversal from Saylor's long-held philosophy of never selling bitcoin.
Yahoo FinanceStrategy Pauses Bitcoin Sales to Tap an Old Funding Source
Strategy, the world's largest corporate holder of Bitcoin, has paused its Bitcoin sales and instead raised $467 million through the sale of common stock, bringing its cash reserve to $3 billion. The move marks a shift in funding strategy, as the company returns to an older method of capital raising rather than selling its Bitcoin holdings. The article, published on July 13, 2026, by Barron's via Yahoo Finance, highlights Strategy's continued focus on accumulating Bitcoin while using equity financing to maintain liquidity. The company's stock ticker is MSTR, and Bitcoin's ticker is BTCUSD.
Yahoo FinanceStrategy Pads Cash Reserves to $3 Billion, Skipping Bitcoin Buy for Third Week
Strategy (formerly MicroStrategy) has increased its cash reserves to $3 billion by raising $467 million through common stock issuance, while refraining from purchasing Bitcoin for the third consecutive week. The company's stock fell 4% to around $90.80, and its preferred stock STRC edged down to $87.04. This move follows a new capital management framework that prioritizes fulfilling dividend and debt obligations over Bitcoin acquisitions. Since its last Bitcoin purchase on July 22, Strategy has sold $215 million worth of Bitcoin to fund dividends and debt. Analyst Mark Palmer noted the cash reserve now provides over 20 months of coverage for annual obligations of $1.76 billion. Strategy holds 843,775 Bitcoin valued at approximately $53 billion, but with Bitcoin trading at $62,600, the holdings are roughly $11 billion below the average purchase price of $75,476. The shift from a 'buy-and-hold' strategy to 'two-way capital allocation' is seen as prudent by some analysts.
Yahoo FinanceStrategy Just Sold $216 Million of Bitcoin to Pay Its Dividends. Is Its Business Breaking?
Strategy (NASDAQ: MSTR), formerly MicroStrategy, sold 3,588 Bitcoin for approximately $216 million to fund dividends on its preferred stock and top off cash reserves. CEO Michael Saylor confirmed the sale, which occurred below the company's average cost basis of $75,476 per Bitcoin. This marks a significant shift for the company, which had previously relied on a 'flywheel' of rising Bitcoin prices to fund operations and purchases. With Bitcoin prices declining since last fall, Strategy's common stock now trades roughly in line with its BTC reserves, eliminating the premium that allowed it to issue stock or borrow cheaply. While the sale represents less than 1% of total holdings, analysts warn that continued price declines could force further sales at a loss, potentially revealing a fatal flaw in the business model. The article questions whether Strategy's Bitcoin-centric strategy can withstand prolonged bear markets.
Yahoo FinanceCrypto analyst says MicroStrategy's latest Bitcoin sale comes at a bad time for bulls
On July 7, 2026, crypto analyst Ali Martinez flagged that MicroStrategy (now Strategy) sold 3,588 BTC for approximately $216 million to fund dividend payments on its Digital Credit securities, coinciding with a TD Sequential sell signal for Bitcoin. CEO Michael Saylor confirmed the sale, which represents a fraction of the company's 843,775 BTC reserve. Martinez drew comparisons between Strategy's debt mechanism and the feedback loops that contributed to Terra/Luna's collapse, warning that falling Bitcoin prices force higher dividend obligations, draining cash when the core asset loses value. The sale is larger than a previous 32 BTC sale earlier in 2026, and its timing alongside a technical sell signal creates a bearish sentiment for Bitcoin bulls.
Yahoo FinanceStrategy Turns Net Seller: Sells $216M in Bitcoin for Dividends
Strategy (formerly MicroStrategy) confirmed selling 3,588 BTC for approximately $216 million over the past week, according to an SEC filing. The sales occurred in two tranches, with the larger portion sold between July 1-5 at an average price of $60,773. CEO Michael Saylor framed the sales as routine treasury management to cover dividend obligations on Digital Credit securities and refill fiat reserves, which now exceed $2.5 billion. The company's Bitcoin holdings dropped to 843,775 BTC from a June 22 peak of 847,363. The move follows the June 29 'Digital Credit Capital Framework' authorizing up to $1.25 billion in Bitcoin sales. The article notes that Strategy bought roughly 3,657 BTC in June at an average near $64,600, then sold at a lower average price, raising questions about the strategy's effectiveness. Other news includes Bernstein reaffirming a $150k BTC target, a BonkDAO governance attack draining $20M, and Tether's plans to bring USDT to Bitcoin.
Yahoo FinanceStrategy $216M Bitcoin Sale May Boost Its Price, Says Grayscale — How High Could It Go?
Strategy (formerly MicroStrategy) sold 3,588 Bitcoin worth $216 million between June 29 and July 5, 2026, to fund dividend payments on its preferred securities. This is the company's second Bitcoin sale in recent weeks, shifting from its long-standing buy-and-hold strategy. Grayscale Research head Zach Pandl argues the sale could be bullish for Bitcoin by restoring market confidence in Strategy's financing model, as the company's cash reserves increased to $2.55 billion, covering 17 months of preferred dividends. CEO Phong Le defended the strategy, comparing the company's resilience to Amazon and Tesla. The article explores whether this move could help Bitcoin find a durable bottom, though it notes the sale itself is not a direct catalyst for a major rally.
Yahoo FinanceStrategy's $216 Million Bitcoin Sale May Boost Price, Says Grayscale
Strategy (formerly MicroStrategy) sold 3,588 Bitcoin worth $216 million between June 29 and July 5, 2026, to fund preferred security dividends, marking its second Bitcoin sale in recent weeks after years of a strict buy-and-hold strategy. Grayscale Research head Zach Pandl argues the sale could be bullish for Bitcoin by restoring market confidence in Strategy's financing structure and helping the cryptocurrency find a more durable bottom. Following the sale, Strategy's cash reserves increased to $2.55 billion, covering roughly 17 months of preferred dividend coverage. CEO Phong Le defended the strategy, comparing the company's resilience to Amazon and Tesla. The article notes the sale alone is not a rally catalyst but may remove a key overhang on investor sentiment.
Yahoo FinanceTrump Comments Send Bitcoin Sharply Higher
On July 6, 2026, Bitcoin (BTC) surged sharply higher after U.S. President Donald Trump made supportive comments about digital assets, stating 'I've become a big crypto guy.' The remarks reversed an earlier decline, pushing Bitcoin from near $60,000 to $63,600, a swing from -1.8% to +2% on the day. Earlier pressure came from news that Michael Saylor's crypto treasury firm Strategy (NASDAQ: MSTR) sold $216 million worth of Bitcoin over the past week, breaking a long-standing promise not to sell. The proceeds will fund dividend payments on preferred stock and replenish dollar reserves. Trump's comments reassured investors, especially after it was revealed he earned $1.4 billion from crypto ventures since returning to the White House. MSTR stock has fallen 74% over the past year to $101.18 per share.
Yahoo FinanceStrategy Sells $216 Million in Bitcoin in Largest Crypto Sale Ever
Strategy, the world's largest corporate Bitcoin holder, announced on July 6, 2026, that it sold $216 million worth of Bitcoin over the past week, marking its largest single liquidation in six years. The sale follows a late-June announcement that the company may sell up to $1.25 billion in Bitcoin to build cash reserves and calm investor jitters. Strategy's shares fell nearly 5% at market open before rebounding to $100, while Bitcoin dropped nearly 1% before recovering to just above $62,000. The move is a reversal for executive chairman Michael Saylor, who previously stated, 'You do not sell your Bitcoin.' The company has faced pressure since a massive crypto liquidation event in October 2025 erased over $19 billion in leveraged positions, with Bitcoin down 43% and MSTR stock down 37% since then. Strategy's perpetual preferred stock, STRC, has also broken its $100 peg, trading at $89.
Yahoo FinanceMichael Saylor's Strategy Sells Bitcoin Again Under New Monetization Program
Michael Saylor's Strategy (NASDAQ: MSTR) sold an additional 3,588 Bitcoin for $216 million between June 29 and July 5, 2026, under its newly announced BTC Monetization Program. The sale occurred in two tranches: 1,363 BTC for $80.8 million and 2,225 BTC for $135.2 million. Proceeds were used to fund preferred stock distributions and replenish the company's USD Reserve. This marks the second Bitcoin sale in five weeks, following a small 32 BTC sale in late May, confirming a shift from the company's long-standing 'never sell' doctrine to active capital management. As of July 5, Strategy held 843,775 BTC acquired at an average price of $75,476. The company also reported an $8.32 billion loss on digital assets for Q2, mostly unrealized, and its USD Reserve stood at $2.55 billion. MSTR stock fell 5% in premarket trading to $95.72.
Yahoo FinanceStrategy Sells 3,558 Bitcoin for $216M to Pay Dividends, Testing Saylor's BTC Treasury Model
On July 6, 2026, Strategy (formerly MicroStrategy) disclosed the sale of 3,558 Bitcoin for approximately $216 million between June 29 and July 5 to fund dividend payments on its preferred securities. This marks the second consecutive sale and is 112 times larger than the previous one. Notably, the sale occurred at an average price of $60,773, below the company's aggregate purchase price of $75,476 per Bitcoin, indicating a loss. The sales are driven by a structural annual dividend load of approximately $1.5 billion, which the software business cannot cover. Equity issuance has become less viable due to a compressed market premium. Strategy has established a $1.25 billion BTC Monetization Program to meet cash obligations. The company ended the period with 843,775 BTC and $2.55 billion in dollar reserves. The article questions whether Michael Saylor's treasury model of funding capital structure through Bitcoin appreciation is under pressure, as the capital structure is now consuming Bitcoin at a loss.
Yahoo FinanceStrategy Sells $216 Million Worth of Bitcoin
Strategy (NASDAQ: MSTR), led by Chairman Michael Saylor, sold 3,588 Bitcoin for $216 million U.S. over the past week, reducing its holdings to 843,775 BTC. The sales were executed at an average price of $60,000 per BTC. Proceeds will fund dividend payments on its preferred stock and replenish U.S. dollar reserves. As of July 5, Strategy had $2.55 billion cash on hand. The company's Bitcoin holdings are underwater with BTC at $61,800, below its average purchase price of $75,476. MSTR stock has declined 75% in the last 12 months to $100.77 per share. The company recently changed its governance to allow more Bitcoin sales for operations and dividends.
Yahoo FinanceStrategy Sells $216M in Bitcoin for Dividends Under 'BTC Monetization Program'
Strategy, the largest corporate Bitcoin holder led by Michael Saylor, sold 3,588 BTC worth approximately $216 million over the past week under its newly announced 'BTC Monetization Program.' The proceeds were used to fund dividends on preferred shares and increase its U.S. dollar reserve to $2.55 billion. The sale reduced Strategy's total Bitcoin holdings to 843,775 BTC, with an average cost basis of $75,476 per coin. With Bitcoin trading near $60,000, the company booked an $8.32 billion unrealized loss for the second quarter. The BTC Monetization Program, unveiled on June 29, allows the firm to sell up to $1.25 billion in Bitcoin. Strategy's stock fell 2% in pre-market trading, snapping a five-day winning streak, while Bitcoin steadied around $62,900. The company also authorized $2 billion in stock buybacks and raised the annual dividend on its Stretch (STRC) preferred shares to 12%.
Yahoo FinanceStrategy Sells $216M in Bitcoin for Dividends Under 'BTC Monetization Program'
Strategy, the largest corporate holder of Bitcoin led by Michael Saylor, sold 3,588 BTC for approximately $216 million over the past week to fund dividends on its preferred shares and bolster its U.S. dollar reserve, which stood at $2.55 billion as of July 5. The sale was conducted under its newly unveiled 'BTC Monetization Program,' which allows the firm to sell up to $1.25 billion worth of Bitcoin. Following the sale, Strategy's Bitcoin holdings decreased to 843,775 BTC, with a cost basis of about $75,476 per coin. With Bitcoin trading near $60,000, the company booked an $8.32 billion unrealized loss on its digital assets for the second quarter. The firm also hiked its annual dividend on Stretch (STRC) to 12% and authorized $2 billion in stock buybacks. Michael Saylor described Bitcoin as 'Digital Energy' and predicted that capital market developments will be more impactful than codebase changes.
Yahoo FinanceMichael Saylor's Strategy Accelerates Bitcoin Sales, Raising $216 Million
Michael Saylor's firm, Strategy (formerly MicroStrategy), has dramatically accelerated its pace of selling Bitcoin, raising $216 million in what is reported as one of its largest-ever disposals. The sale, covered by multiple financial outlets including CoinDesk, Yahoo Finance, WSJ, Fortune, and Moomoo, has sparked concern among investors. Analysts point to a potential 'math trap' for the company, as it has already used 17% of its Bitcoin sale capacity. The move comes as Strategy logs a significant $8.3 billion loss related to its Bitcoin holdings, raising questions about the sustainability of its aggressive crypto accumulation strategy and its impact on shareholder value.
Top stories - Google NewsMicroStrategy Sold 7x More Bitcoin Than Reports Suggested
MicroStrategy (now Strategy) confirmed it sold 3,588 Bitcoin over the past week, seven times more than the 491 BTC initially rumored by on-chain analysts. Executive Chairman Michael Saylor stated the sale raised approximately $216 million to fund dividends on its Digital Credit securities. The transactions occurred on June 30 (-1,363 BTC) and July 6 (-2,225 BTC), reducing the company's holdings to 843,775 BTC, still the largest corporate Bitcoin treasury globally. This marks Strategy's first major operational Bitcoin sale since its 2022 tax-loss transaction, demonstrating a willingness to monetize a small portion of reserves without abandoning its long-term accumulation strategy. Following the news, Bitcoin's price slipped below $62,000, trading at $61,950 at the time of reporting.
Yahoo FinanceMicroStrategy Sold 7x More Bitcoin Than Reports Suggested
MicroStrategy (now 'Strategy') confirmed it sold 3,588 Bitcoin over the past week, generating approximately $216 million to fund dividends on its Digital Credit securities. This was seven times larger than earlier market speculation that suggested only a 491 BTC transfer. The sales occurred in two tranches: 1,363 BTC on June 30 and 2,225 BTC on July 6, 2026. Executive Chairman Michael Saylor confirmed the company still holds 843,775 BTC and $2.55 billion in USD reserves, maintaining its position as the largest corporate Bitcoin treasury. The sale marks the company's first major operational Bitcoin disposal since 2022, though it represents less than 0.5% of its total holdings. Bitcoin's price slipped below $62,000 following the news, trading at $61,950 at the time of writing.
Yahoo FinanceMicroStrategy Orange Dot Chart Signals Another Bitcoin Buy on July 7
On July 6, 2026, MicroStrategy (formerly Strategy) founder Michael Saylor posted 'Bitcoin is Digital Energy' on X, accompanied by the company's orange-dot Bitcoin acquisition chart. This pattern has historically preceded a Monday SEC filing confirming a new Bitcoin purchase. The post garnered over 910,000 views within 24 hours. MicroStrategy currently holds 847,363 BTC, representing about 4% of Bitcoin's total supply, at an average cost of $75,651 per coin. The company's most recent disclosed purchase was 520 BTC for $34.9 million. A notable break in accumulation occurred on June 1, when Strategy sold 32 BTC for dividend obligations. Traders are now watching for a formal SEC filing on July 7, which would confirm another purchase if the orange-dot pattern holds.
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