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Michael Saylor hints at further bitcoin acquisitions despite falling Strategy stock

Michael Saylor reveals plans for more Bitcoin acquisitions despite MicroStrategy's stock decline, maintaining a strong corporate presence in crypto.

Mercation Admin
June 28, 2026 1 min read
Michael Saylor hints at further bitcoin acquisitions despite falling Strategy stock

Michael Saylor, CEO of MicroStrategy, has indicated that the company intends to continue acquiring Bitcoin, despite recent declines in its stock price. As of June 28, 2026, MicroStrategy holds 847,363 Bitcoin, valued at approximately $50.9 billion, with an average purchase price of $75,653 per coin across 113 transactions.

Saylor shared a StrategyTracker chart on social media, illustrating the firm's aggressive Bitcoin accumulation during 2024-2025. He stated, "We’re gonna need more charts," suggesting that further purchases are on the horizon for the company, which is already a significant player in corporate Bitcoin holdings.

Despite Saylor's optimistic outlook, MicroStrategy's stock has faced challenges, dropping 8% last Thursday to $86 due to concerns about its funding strategy and dividend obligations. Ripple CEO Brad Garlinghouse criticized Saylor's acquisition approach, which he claims negatively impacts the broader cryptocurrency market. However, MicroStrategy's treasury reportedly has sufficient dollar reserves to cover dividend commitments for the next ten months.

Following the stock's decline, MicroStrategy is currently trading at $82.31, reflecting a 3.54% drop, while its preferred stock, STRC, has seen a slight increase to around $74.57, up 1.48%.