The crypto market last week witnessed a chaotic liquidation of leverage positions. As Bitcoin (BTC) was pushed back towards the psychological support level of $60,000 USD, all eyes of both small and large investors turned to Strategy Inc. (the new name for #MicroStrategy , stock ticker: MSTR) – the biggest "whale" on the planet in the Crypto world.
Despite the wild volatility cycle of 2026, MicroStrategy shows no signs of slowing down, with their BTC accumulation rate even surpassing all Spot ETF funds combined. Thanks to their exclusive financial instrument – the perpetual preferred stock STRC (which provides continuous net buying cash flow without diluting MSTR shares), MicroStrategy has acquired over 100,000 BTC just from the beginning of 2026 to now.
Based on the latest financial reports as of early June 2026, their core asset metrics include:
Total Bitcoin holdings: Approximately 843,738 BTC (After completing a significant net purchase at the end of May 2026). This number allows them to control nearly 4% of the total circulating supply of the network.
Average Buy Price: Currently fluctuating around $75,350 – $75,540 USD/BTC.
Current Bitcoin price: Approximately $61,293 USD (According to real-time data from Binance).
Technical analysis: With the current price around $61,000 USD, MicroStrategy is temporarily in an "unrealized loss" state as the market price is about 18-19% lower than their average buy price. Historically, whenever Bitcoin retests or breaks through MicroStrategy's buy price, the market tends to react extremely aggressively.
This correction has become more tense as an 8-K report revealed MicroStrategy sold 32 BTC (worth about 2.5 million USD). While this is a very small amount compared to their treasure of nearly 850,000 BTC, it triggered a heavy psychological shockwave in the market for two reasons:
Breaking the vow "Only buy, never sell": Michael Saylor – the chairman of the company – has always been famous for the mantra "HODL until death and never sell". This selling action (even if only for technical purposes to pay dividends on their preferred stock STRC) has caused retail investors to panic, thinking that the most solid "fortress" has started to crack.
Domino effect on the bulls: Immediately after this information leaked, the sell-off pressure surged, pushing BTC's price to break below the previous accumulation zone.
MicroStrategy's current buy price of $75,500 is the "line in the sand". Once Bitcoin returns and closes the weekly candle firmly above this level, the market will confirm that the drop in early June was just a "Bear Trap" designed to shake off leverage.