Michael Saylor shared a chart on Sunday indicating Strategy holds 847,363 Bitcoin worth about $50.9 billion. The post came as the company's stock continued to decline amid questions over its funding approach.
Saylor posted a StrategyTracker chart on X that showed 113 Bitcoin purchases at an average price of $75,653 per coin. The chart highlighted aggressive buying in 2024 and 2025, and Saylor added the comment "We’re gonna need more charts."
Strategy stock fell 8 percent on Thursday to $86 and later traded near $82.31. Concerns center on the preferred stock used to fund Bitcoin acquisitions and the firm's ability to cover dividend payments on STRC, which trades around $74.57.
Ripple chief executive Brad Garlinghouse said last week that Saylor's funding model has hurt the broader crypto market even though he remains positive on Bitcoin. Company dollar reserves are reported to cover roughly 10 months of dividend obligations.
Attention now turns to the June 30 ex-dividend date for STRC and any reset in the monthly dividend rate.
