In Bitcoin news today, Michael Saylor posted Strategy\u2019s BTC acquisition tracker chart to X on Sunday, June 29, captioned \u201cWe\u2019re gonna need more charts\u201d, his established pre-buy signal, even as the firm\u2019s Bitcoin treasury sits roughly $13Bn underwater with BTC price trading below $60,000, its weakest level since October 2024.<\/p>\n
The post follows the same pattern as the one Saylor deployed before disclosing purchases on June 7 and June 21. If a Monday 8-K filing confirms a fresh acquisition, it would mark Strategy\u2019s fourth consecutive week of buying, a streak of conviction that is becoming harder and more expensive to sustain.<\/p>\n
Saylor bullposting Strategy\u2019s Bitcoin accumulation comes as BTC USD dropped below $60,000 overnight, with the world\u2019s largest digital asset currently down -1% on the day, with over $20.7Bn in daily trading volume.<\/p>\n
We\u2019re gonna need more charts. pic.twitter.com\/xVASOEnSw8<\/a><\/p>\n \u2014 Michael Saylor (@saylor) June 28, 2026<\/a><\/p>\n\n Strategy holds 847,363 BTC at an average cost of approximately $75,646 per coin, according to the firm\u2019s June 22 disclosure. With bitcoin near $60,000, the market value of those holdings sits around $50.8Bn against a cost basis of roughly $64.1Bn, an unrealized loss The Block has tracked as high as $14Bn as the selloff has deepened.<\/p>\n The most recent confirmed Bitcoin buy was a 520 BTC purchase on June 22 for about $35M, Strategy\u2019s smallest recent tranche by a wide margin. That same week, the firm added $300M to its dollar reserve, lifting it to $1.4Bn.<\/p>\n On June 1, Strategy recorded its first BTC sale since 2022, offloading 32 BTC for roughly $2.5 million to cover a dividend payment before resuming weekly purchases.<\/p>\n Saylor has publicly framed the sell-to-buy ratio as asymmetric. In early May, he told interviewers that Strategy would buy \u201c10 to 20\u201d bitcoin for every coin it sells, a posture that reads as calculated defiance when the position is this deep in the red.<\/p>\n\n DISCOVER:\u00a0Best Meme Coin ICOs to Invest in 2026<\/a><\/strong><\/p>\n In other Bitcoin news today, the MSTR stock fell to approximately $82 on Friday, its lowest close since February 2024, according to The Block\u2019s crypto equities tracker.<\/p>\n More telling is what has happened to STRC\u2019s preferred stock, Strategy\u2019s variable-rate instrument designed to trade near its $100 par value, which hit a record low around $71 last week. STRC carries an 11.5% annual dividend.<\/p>\n The combined slide pushed Strategy\u2019s enterprise mNAV,\u00a0a metric comparing the company\u2019s full market value, including debt and preferred stock, against the value of its bitcoin holdings, below 1 for the first time.<\/p>\n When mNAV drops below 1, the market values the firm at less than the BTC it holds, which effectively chokes off the equity-issuance machine that\u00a0Strategy has used to fund accumulation.<\/p>\n A Block Research analysis found MSTR common stock ranks as a levered residual claim sitting behind approximately $6.7Bn of convertible debt and roughly $15.5Bn of perpetual preferred stock \u2013 a capital structure that leaves ordinary shareholders last in line.<\/p>\n\n (SOURCE: Yahoo Finance<\/a>)<\/p>\n EXCLUSIVE: Join 99Bitcoin\u2019s $1000 USDT Airdrop on ByBit<\/span><\/a>\n<\/p>\n In other Bitcoin news today, Ripple CEO Brad Garlinghouse told CNBC on Friday that Saylor\u2019s team \u201cwasn\u2019t focused on the right stuff,\u201d arguing the approach had hurt the broader market and pointing to STRC\u2019s discount as evidence of a flawed financial engineering model. Garlinghouse said he remains bullish on bitcoin but contended that long-term value requires utility, not leverage.<\/p>\n Saylor\u2019s response, characteristically, is another chart post. The orange-dots graphic has become a reliable leading indicator<\/a> that traders now front-run ahead of Monday 8-K filings.<\/p>\n Whether the confirmed purchase this week is another modest 520 BTC tranche or something larger, the signal itself delivers a message: the accumulation strategy is not pausing, regardless of the paper losses, the stock price, or the critics.<\/p>\n The next hard datapoint is the 8-K itself \u2013 the size, the funding source, and the average price paid will tell the market whether Strategy is managing a controlled slowdown or genuinely doubling down at the worst entry point in its history.<\/p>\n EXPLORE:\u00a0Best Crypto Presales With Asymmetric Upside in the Current Market<\/a><\/strong><\/p>\n The post Saylor Readies For Shoot Out With MSTR Bears: Will Strategy Drop Another BTC Buy?<\/a> appeared first on 99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" In Bitcoin news today, Michael Saylor posted Strategy\u2019s BTC acquisition tracker chart to X on Sunday, June 29, captioned \u201cWe\u2019re gonna need more charts\u201d, his established pre-buy signal, even as the firm\u2019s Bitcoin treasury sits roughly $13Bn underwater with BTC price trading below $60,000, its weakest level since October 2024. The post follows the same […]<\/p>\n","protected":false},"author":0,"featured_media":189258,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-189257","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/189257"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=189257"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/189257\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/189258"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=189257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=189257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=189257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}The Numbers Behind the Defiance<\/h2>\n
The Capital Stack Is Cracking: What Next for $MSTR?<\/h2>\n
Bitcoin News Today: Critics Circle as Saylor Signals<\/h2>\n