strategy

Michael Saylor, founder and executive chairman of Bitcoin Strategy Company, has once again released information related to Bitcoin Tracker, with the caption: "Still adding dots."According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after relevant news is released.

Strategy founder Michael Saylor stated on social media, "I haven't sold a single satoshi of my Bitcoin holdings, and Strategy is still executing the accumulation strategy."Note: A satoshi is the smallest unit of Bitcoin, with 1 BTC equivalent to 100 million satoshis. Michael Saylor previously mentioned to never sell your own Bitcoin, but never stated that the company cannot sell.

Founder of Strategy Michael Saylor discussed the "Strategy selling Bitcoin" related discussions at the BTC Prague event, stating that he has never said the company cannot sell Bitcoin, and has always emphasized that investors should not easily sell their own Bitcoin.Saylor stated that anyone who has followed the company's earnings call or public disclosure documents over the past five years should be clear that Strategy has always clearly stated that the company will certainly sell Bitcoin when necessary, and this statement has never changed.

Strategy founder and executive chairman Michael Saylor recently stated that the current cryptocurrency market is in fierce competition, with ongoing struggles between Ethereum, Solana, and BNB. Sui was once seen as the "next Solana," but that narrative has collapsed, and now the market is starting to focus on Hyperliquid.Meanwhile, in the Layer 2 space, projects like Arbitrum and Base are also in intense competition. All this competition has weakened the "currency premium" that these cryptocurrencies were originally assigned.Saylor believes that even the most steadfast supporters of these tokens are beginning to realize that they are not currencies and will not gain the premium associated with currency attributes; future value will depend on actual utility.The past 12 months have been an extremely favorable period for Bitcoin, further solidifying its position as the dominant digital currency network. The market has established Bitcoin as "digital capital" and has proven that the concept of "digital credit" is viable.

Strategy CEO Phong Le responded to criticism regarding the company's first sale of Bitcoin since 2022 in an interview with CNBC on Tuesday, stating that the move was a deliberate limited test aimed at demonstrating operational flexibility rather than abandoning the belief in holding assets. Between May 26 and 31, Strategy sold 32 BTC (approximately $2.5 million) at an average price of $77,135, which accounted for only 0.004% of its total holdings, but it triggered a strong market reaction.Le listed three reasons for the sale: to prove the company's ability to sell when necessary, to confirm that internal disposal processes are fully operational, and to capture tax loss opportunities. He emphasized that the sale was not due to financial difficulties, and the company did not need to sell assets to pay STRC preferred stock dividends, while still net buying about 1,500 BTC during the same period. Le admitted that the most intense criticism came from retail investors and "crypto anarchists," while institutional shareholders were not unsettled by it."We will sell when it benefits common stock shareholders." Currently, Bitcoin is priced at about $61,600, down over 40% from last October's peak of $126,198, and MSTR's stock price has fallen about 67% from its 52-week high. As of the end of May, Strategy held 845,256 BTC and resumed purchases in early June.

According to Cryptopolitan, Japanese gaming company Enish has liquidated all of its 8.063 bitcoins at a loss of approximately $160,000 and is shifting to a Solana ecosystem staking strategy, targeting an annual yield of 6% to 8%. The company stated that the DAT 1 strategy, which relies on the rise in cryptocurrency asset prices, has become increasingly difficult to sustain amid market volatility, while the DAT 2 strategy, which generates continuous income through staking and validator operations, has become the new direction.Enish plans to use the approximately $46,000 raised from the sale of bitcoins and the issuance of warrants and bonds for Solana validator operations and has contacted Japanese Solana infrastructure provider Solplanet to utilize its white-label validator program. This is the second publicly listed company to abandon hoarding bitcoin reserves within ten days.

Investment bank TD Cowen analyst Lance Vitanza reiterated a buy rating on Bitcoin treasury company Strategy (MSTR), with a target price of $400.

According to data from BitcoinTreasuries.NET, the trading volume of the Bitcoin treasury company Strategy (stock ticker MSTR) has surpassed that of investment banking giant Goldman Sachs, becoming the 27th largest stock by trading volume in the United States.

An analysis published by Fortune magazine points out that despite the recent decline in Bitcoin dragging down the stock price of Strategy (MSTR), the company's current market value still has a premium of about 31% over its underlying net asset value.The analysis believes that this premium stems from the market's past recognition of Michael Saylor's "Bitcoin appreciation flywheel" model, but as this model becomes ineffective, the related premium faces further compression risks.

According to BBX data, yesterday corporate Bitcoin reserves were rapidly rebuilt, and the institutional-level crypto derivatives toolchain officially completed the final piece of the puzzle. The core dynamics are as follows:Strategy, Inc. (NASDAQ: $MSTR) submitted Form 8-K to the SEC on June 8, disclosing that the company purchased an additional 1,550 BTC between June 1 and June 7, at a total cost of approximately $101.3 million, with an average price of $65,332; as of June 7, the company's total holdings rose to 845,256 BTC, with a total acquisition cost of approximately $63.97 billion. The funds for this round of purchases came from the sale of 1,409,600 shares of MSTR common stock via ATM, netting approximately $181 million; USD reserves also rebounded simultaneously (specific amounts are subject to real-time disclosure by the company). This additional purchase of 1,550 BTC is a reverse operation just one week after the company disclosed "the first net reduction of 32 BTC in four years," responding to market doubts about its holding position with nearly 48 times the buying scale; as of the time of writing, Bitcoin has rebounded to over $63,000.CME Group Inc. (NASDAQ: $CME) officially launched trading for Bitcoin Volatility Index Futures (BVOL Futures) on June 8, with market makers Monarq and DV Chain completing the first batch of transactions; this product is based on the implied volatility index of Bitcoin, allowing institutional investors to go long or short on volatility itself without needing to judge the direction of BTC prices, filling the last gap in crypto volatility management tools in the regulated U.S. market. Thus, the regulated U.S. crypto derivatives system now covers: spot ETFs, futures, options, perpetual contracts, and volatility futures, completing a comprehensive toolchain, and the infrastructure for institutional-level risk management and pricing capabilities has been declared complete.

Michael Saylor, the founder and executive chairman of Bitcoin Treasury Company Strategy, posted that STRC and MSTR shareholders have approved changing the dividend payment frequency of STRC from monthly to semi-monthly. According to the new arrangement, the first record date is June 30, and the first payment date is July 15.

According to The Block, Nasdaq-listed company TON Strategy disclosed that it obtained approximately 3.3 million TON rewards by staking about 227 million Toncoin in May, equivalent to about 5.6 million USD at market price, with a preliminary annualized staking yield of approximately 1.48%.The company has staked almost all of its held TON and supports a series of effective network upgrades in the latest governance proposal, including improving smart contract execution efficiency, block synchronization, and verification capabilities to enhance throughput and scalability.

According to on-chain analyst Yu Jin's monitoring, the purchase situation of the largest treasury companies for Bitcoin and Ethereum last week is as follows:Strategy (MSTR) purchased 1,550 BTC (worth $101 million) at an approximate price of $65,332 last week. They now hold a total of 845,256 BTC (worth $5.3251 billion), with an average cost of $75,680, resulting in an unrealized loss of $10.718 billion (-16.7%).BitMNR purchased 126,971 ETH (worth $22.7 million) at an approximate price of $1,788 last week. They now hold a total of 5,543,872 ETH (worth $928.6 million), with an average cost of $3,446, resulting in an unrealized loss of $9.818 billion (-51.4%).

According to SoSoValue data, as of 8 AM Eastern Time on June 8, 2026, the total net purchase of Bitcoin by publicly listed companies worldwide (excluding mining companies) for the week was $101 million, an increase of 925.38% compared to last week.Strategy (formerly MicroStrategy) spent approximately $100 million last week to purchase 1,550 Bitcoins at a price of $65,332, increasing its total holdings to 845,256 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week.In addition, another company purchased Bitcoin last week. Asset management company Strive announced it spent $2.05 million from June 1 to June 7 to buy 32 Bitcoins at a price of $63,911, bringing its total holdings to 19,032 Bitcoins.Capital B announced that online voting for the shareholder meeting on June 17 is now open, which will authorize the board to establish a capital increase limit of up to €5 billion in nominal amount and a debt instrument issuance limit of up to €100 billion in nominal amount for the purpose of purchasing Bitcoin. Ethereum holder BitMine announced it will replicate MicroStrategy's financing model, planning to raise funds by issuing Series A perpetual preferred shares (code BMNP) on the New York Stock Exchange with a maximum of $300 million, an annual dividend yield of 9.5%, and weekly dividends.As of the time of publication, the total amount of Bitcoin held by the globally listed companies (excluding mining companies) in the statistics is 1,115,732 Bitcoins, an increase of 0.14% compared to last week, with a current market value of approximately $70.3 billion, accounting for 5.6% of Bitcoin's circulating market value.

According to the 8-K document submitted by Strategy to the SEC, the company purchased 1,550 bitcoins at an average price of approximately $65,332 from June 1 to June 7, 2026, totaling about $101.3 million, with funding sourced from the MSTR stock ATM program.As of June 7, 2026, Strategy has accumulated a total of 845,256 bitcoins, with a total holding cost of approximately $63.97 billion and an average price of about $75,680.