strategy

According to BTCtreasuries, Strategy CEO Phong Le stated that global markets and various industries are experiencing uncertainty, and during this period, Strategy has accumulated 4% of the world's Bitcoin.

According to CoinDesk, the 90-day correlation coefficient between Strategy perpetual preferred stock STRC and Bitcoin has risen to nearly 0.70, the highest level since its launch in July 2025, diminishing its appeal as a relatively stable income tool.This month, STRC has cumulatively fallen 23% to $76, far below its par value of $100; Bitcoin has dropped nearly 20% during the same period to below $60,000. STRC currently has an annualized dividend yield of 11.5%, and its trading below par value limits Strategy's ability to raise funds through additional issuance to purchase Bitcoin.

According to The Block, Strategy's perpetual preferred stock STRC fell to a historic low of $74 on Thursday, a 26% discount from its par value of $100, and then slightly rebounded to $75.69; MSTR dropped below $87, the lowest since February 2024, with a decline of over 50% in the past month. STRC is the main financing tool for Strategy's recent Bitcoin accumulation. Strive's perpetual preferred stock SATA fell to nearly $84, approaching a historic low on Thursday.

According to BTCtreasuries, the law firm Rosen Law Firm announced an investigation into Michael Saylor's company Strategy (MSTR) and STRC, involving potential securities law claims.According to the law firm, Strategy "may have released significantly misleading business information to the investing public," and is therefore assessing related investor losses and potential legal liabilities.

According to Gate market data, the stock price of Strategy has fallen below 100 dollars, reaching a new low since March 2024, currently reported at 99.4 dollars, with a decline of over 4%.

CryptoQuant founder Ki Young Ju stated that the current Bitcoin purchasing behavior of Strategy resembles a "liquidity absorber" rather than an effective price catalyst.He pointed out that in the past two years, Bitcoin's market capitalization has increased by $467 billion, yet the price has actually dropped by 1%, indicating that the influx of large amounts of capital has merely resulted in a transfer of chips without driving up the price. In the current environment with obvious selling pressure, continuous buying by Strategy may only serve to maintain the range rather than truly drive an increase.Ki Young Ju suggested that Strategy pause Bitcoin purchases until cash reserves and dividend coverage capabilities are restored; establish a systematic, model-driven buying framework to avoid the market impression of "always buying at local highs"; and create a disciplined selling mechanism in the next bull market to reduce leverage and realize shareholder value by partially taking profits at highs, while accumulating reserves of "dry powder" for future lows.He believes that this cycle is different from previous ones, as Bitcoin has been in a sideways trend for nearly two years, neither forming a strong bull market nor experiencing sufficient panic selling and weak hands clearing out. The market may need a more thorough clearing to initiate a healthier rebound.

According to Jinshi, the US dollar index has strongly broken through, raising market doubts about Trump's weak dollar strategy. Although Trump hopes to achieve a weak dollar, his policies seem to have led to a stronger dollar instead. Currently, the "war dollar" has receded, and the "interest rate dollar" is dominating the market, with the future direction of the dollar drawing significant attention.

Binance will launch bStocks tokenized securities trading pairs: AMDB/USDT, EWYB/USDT, INTCB/USDT, and MSTRB/USDT on June 23, 2026, at 21:30, and will enable spot algorithm trading robot services. Deposit and withdrawal services will open on the same day at 22:30, with zero order fee during the event, until September 1, 2026, at 07:59.

According to the "Science and Technology Innovation Board Daily," at the 2026 Volcano Engine Force Conference, ByteDance officially released the latest flagship version 2.1Pro of the Doubao large model. Tan Dai, President of Volcano Engine, stated that the model has made breakthroughs in four dimensions: code delivery, long-range Agent tasks, multimodal understanding, and enterprise-level stable operation, possessing stronger engineering delivery capabilities and being capable of handling complex R&D tasks for enterprises. At the conference, ByteDance CEO Liang Rubo also emphasized that the company will focus on enhancing large model capabilities and firmly invest in MaaS (Model as a Service) business.The report pointed out that ByteDance's AI strategic focus is clearly shifting towards enterprise-level services. Currently, the daily token call volume of the Doubao large model has reached 180 trillion, an increase of over 1500 times since its release, and has grown more than 10 times in the past year. However, due to the bottleneck in monetization on the consumer side and high expenses (with daily computing costs reaching tens of millions and daily revenue below one million), ByteDance has accordingly adjusted its resource allocation. Meanwhile, the video generation model Seedance, primarily aimed at the B-end, has validated its commercialization potential, with current annual recurring revenue (ARR) reaching 2 billion dollars, effectively offsetting Doubao's computing costs. In addition, the new version of Seedance will also be the first in the industry to launch a 3D white membrane preview feature.

According to The Block, Benchmark Equity Research reiterated its buy rating on Strategy (MSTR) and maintained its target price of $570. This target price still has about a 406% upside compared to Friday's closing price of $112.53.Although Strategy's perpetual preferred stock STRC experienced a significant sell-off last week, dropping to around $83, Benchmark analyst Mark Palmer stated that STRC is not a stablecoin and does not have a Terra/Luna-style reflexive mechanism. Its essence is a perpetual preferred stock, backed by over 847,000 bitcoins (approximately $55 billion) held by Strategy.Palmer believes that the decline of STRC is not a "de-pegging," but rather a reset of the market's required yield. The company currently has about $1.4 billion in cash reserves, which can flexibly support dividend payments. Benchmark views this sell-off as a stress test of its financing model, rather than a structural deterioration.

According to on-chain analyst Yu Jin's monitoring, Strategy (MSTR) holds a total of 847,363 BTC, with an average cost of $75,651, resulting in an unrealized loss of approximately $9.093 billion (-14.2%); BitMine (BMNR) holds a total of 5,672,956 ETH, with an average cost of $3,407, resulting in an unrealized loss of approximately $9.32 billion (-48.2%).

According to SoSoValue data, as of 8 AM Eastern Time on June 22, 2026, the total net purchase of Bitcoin by global listed companies (excluding mining companies) for the week was $86.03 million, a decrease of 13.97% compared to last week.Strategy (formerly MicroStrategy) spent approximately $34.9 million last week to purchase 520 Bitcoins at a price of $67,068, increasing its total holdings to 847,363 Bitcoins.The Japanese listed company Metaplanet did not purchase any Bitcoin last week, marking nine consecutive weeks without purchases.Additionally, four other companies purchased Bitcoin last week. The Japanese food brand DayDayCook announced on June 17 that it spent $7.43 million to purchase 95 Bitcoins at an undisclosed price, bringing its total holdings to 2,899 Bitcoins; the Brazilian Bitcoin company OrangeBTC announced on June 21 that it invested $1.15 million to purchase 18 Bitcoins at a price of $64,121, increasing its total holdings to 3,822 Bitcoins; the asset management company Strive announced from June 15 to June 21 that it spent $49.98 million to purchase 759 Bitcoins at a price of $65,850, raising its total holdings to 19,864 Bitcoins.As of the time of writing, the total amount of Bitcoin held by the global listed companies (excluding mining companies) in the statistics is 1,142,276 Bitcoins, an increase of 1.87% compared to last week, with a current market value of approximately $7.417 billion, accounting for 5.7% of the circulating market value of Bitcoin.

According to The Block, payment company MoneyGram has become a validator on the Solana blockchain and joined the Solana Developer Platform, officially entering the Solana ecosystem. Solana is the third public blockchain where MoneyGram operates as an official validator, having previously operated validators on Tempo and Midnight Network.MoneyGram CEO and Chairman Anthony Soohoo stated that serving as a validator allows MoneyGram to stake SOL, process transaction blocks, and contribute to the security and performance of the Solana network. Joining the Solana Developer Platform enables it to gain tool support for building and issuing financial products alongside institutions like Mastercard.

Founder of Strategy, Michael Saylor, posted on the X platform stating that Strategy has increased its dollar reserves by 300 million dollars to 1.4 billion dollars and plans to continue replenishing reserves to support the credit quality of its digital credit securities.At the same time, Strategy purchased 520 BTC for 35 million dollars, increasing its BTC reserves to 847,363 coins.

Strategy founder Michael Saylor has once again released information related to the Bitcoin Tracker and stated, "Looks better with more dots."According to previous patterns, Strategy always discloses information about increasing Bitcoin holdings the day after relevant news is released.