MicroStrategy’s Bitcoin Accumulation Hits 11-Week Streak: What’s Next?
MicroStrategy appears set to extend its Bitcoin buying streak to an 11th week, reinforcing its position as the world’s leading corporate BTC holder.
Executive Chairman Michael Saylor hinted at the move in a characteristically bullish X post: “In 21 years, you’ll wish you’d bought more.” His following has surged by 1 million in 12 months, reflecting growing interest in his Bitcoin-maximalist stance.
The company’s latest purchase—245 BTC ($26 million) on June 23—pushes its total holdings to 592,345 BTC, now valued at $63.6 billion. Data from BitcoinTreasuries shows MicroStrategy holds more BTC than the next 20 public companies combined.
While some analysts speculate about a potential supply shock, others caution that debt-fueled corporate Bitcoin strategies—mimicked by smaller firms—could introduce systemic risks in a downturn.