MicroStrategy Buys $250M in Bitcoin, Calling the Crypto ‘Superior to Cash’

[Ambatman]

At this rate, I think it's safe to say that MSTR is slowly turning to a whale on it's own.

Lol turning into a whale? They are fucking turning into a leviathan.
They can finally at least post that they are experiencing an unrealized profit rather than loss.
Hopefully this run continues but the world isn't Cinderella.

[ultrloa]

At this rate, I think it's safe to say that MSTR is slowly turning to a whale on it's own.

Lol turning into a whale? They are fucking turning into a leviathan.
They can finally at least post that they are experiencing an unrealized profit rather than loss.
Hopefully this run continues but the world isn't Cinderella.

Maybe he's research enough for calling them a whale, since as far as we know they are now way more bigger than that.

Also in case you didn't see this Bitcoin Magazine is currently live and featuring Strategy Q1 2026 earnings call https://web.facebook.com/share/v/1CM1VKUz9K/ lots of interesting discussion happening there.

[Popkon6]

Strategy Announces First Quarter 2026 Financial Results
Currently Holds 818,334 BTC

818,334 bitcoin holdings, a 22% growth year to date 2026
9.4% BTC Yield achieved year to date
$11.68 billion raised year to date

STRC raised $5.58 billion, a 189% growth year to date 2026
$692.5 million in cumulative dividends declared and paid on all preferred stock to date
Source link: https://www.strategy.com/press/strategy-announces-first-quarter-2026-financial-results_05-05-2026

Bitcoin usage is continuing to grow in 2026, but currently, MSTR company STRC has made the most money from this stock. STRC Asia has been able to make $5.6 billion by selling in this bear market, because this stock has helped the most during the last few months of the Bitcoin market downturn. The purchase of Bitcoin in the bear market has been able to improve even more, STRC has reached the peak in just nine months, and STRC is currently the best stock in terms of market capitalization.

[Free Market Capitalist]

Strategy Announces First Quarter 2026 Financial Results
... and STRC is currently the best stock in terms of market capitalization.

You see? This is what I mentioned in my previous post in this thread. Practically every time I read something in a thread about Saylor or Strategy, it contains some factual inaccuracy. At first it used to annoy me, but now I'm just bored of having to correct people.

When you say that STRC is the best stock in terms of market cap, I assume you're referring to the stocks in the Strategy portfolio, because in the global market, it's obviously NVIDIA.

The largest market capitalization among Strategy’s stocks isn’t held by STRC; it’s held by MSTR. Currently MSTR market cap is about $65,5B whereas STRC market cap is about $8,5B.

You can check it yourself here:

https://www.strategy.com/

https://www.strategy.com/strc

[Ambatman]

I'm surprised nobody is talking about the fact that Saylor has admitted that they would sell Bitcoin.
Phong even clarified on it
"We will sell Bitcoin when it is advantageous to the company," Le said. "We are not going to sit back and just say we will never sell the Bitcoin."
At least they are more realistic and can be considered to have deceived people that really believed they would never sell.
Where's all that HODL gone to?
This literally a fancy way of saying the company will sell at a top like we trading.

Saylor compared it to a real estate developer selling land at a profit, not a retreat from the strategy,

This brought a chuckle
Saying comparing Real Estate with Bitcoin forgetting that Bitcoin is fungible and every Sats are similar.

https://sg.finance.yahoo.com/news/michael-saylor-finally-wants-sell-115015446.html

[SatsPH]

I'm surprised nobody is talking about the fact that Saylor has admitted that they would sell Bitcoin.
Phong even clarified on it
"We will sell Bitcoin when it is advantageous to the company," Le said. "We are not going to sit back and just say we will never sell the Bitcoin."
At least they are more realistic and can be considered to have deceived people that really believed they would never sell.
Where's all that HODL gone to?
This literally a fancy way of saying the company will sell at a top like we trading.

Saylor compared it to a real estate developer selling land at a profit, not a retreat from the strategy,

This brought a chuckle
Saying comparing Real Estate with Bitcoin forgetting that Bitcoin is fungible and every Sats are similar.

https://sg.finance.yahoo.com/news/michael-saylor-finally-wants-sell-115015446.html

It's because this can be used as a bearish narrative for all we know.

But we have why there is a sell-off. There is a big difference between,

They have to sell BTC to pay the dividends. As opposed to they want to sell it because of what just to take profits as what other companies did or selling at a loss? I'm not good at math, but even if they sell over the next couple of years? Buy more BTC, still be the biggest holders of BTC, and increase their BTC per share.


ctto

[Free Market Capitalist]

Le said. "We are not going to sit back and just say we will never sell the Bitcoin."[/b]
At least they are more realistic and can be considered to have deceived people that really believed they would never sell.
Where's all that HODL gone to?
This literally a fancy way of saying the company will sell at a top like we trading.

Haha! There are just so many contradictions already.

Strategy’s $12.5B Loss Just Cracked Michael Saylor’s ‘Never Sell’ Mantra — ‘We Will Probably Sell Some Bitcoin’

They have to sell BTC to pay the dividends. As opposed to they want to sell it because of what just to take profits as what other companies did or selling at a loss?

They don't have to. The other option is to keep finding new investors to cover the dividends for those who already hold STRC. That was the original plan. But we’ve reached a point where changing a principle that was supposed to be set in stone is becoming a common occurrence. It’s becoming increasingly clear that buying Strategy products is a matter of faith. You can’t trust that what Saylor says today will still hold true tomorrow.

[fillippone]

I'm surprised nobody is talking about the fact that Saylor has admitted that they would sell Bitcoin.
Phong even clarified on it
"We will sell Bitcoin when it is advantageous to the company," Le said. "We are not going to sit back and just say we will never sell the Bitcoin."
At least they are more realistic and can be considered to have deceived people that really believed they would never sell.
Where's all that HODL gone to?
This literally a fancy way of saying the company will sell at a top like we trading.

Saylor compared it to a real estate developer selling land at a profit, not a retreat from the strategy,

This brought a chuckle
Saying comparing Real Estate with Bitcoin forgetting that Bitcoin is fungible and every Sats are similar.

https://sg.finance.yahoo.com/news/michael-saylor-finally-wants-sell-115015446.html

Lol, I was surprised as well, but as I got stuck on other things, I was just coming to comment on it.

Guess what? I am happy with this shift in tone from the usual "Bitcoin is our strategic reserve and we HODL forever" narrative.
Even if it's a small, tactical sale (and Saylor clarified they will be net buyers overall), it evolves their Bitcoin treasury strategy from a "pure and ideological thesis" to a more mature "practical, stakeholders' sensible" approach.
Selling any bitcoin to fund dividends could be interpreted by the market as the first crack in the armor, and it might scare some leveraged holders or signal that even Strategy needs to monetize the stack under certain conditions. But I think that being ready to sell some of their massive bitcoin stash entails a more fluid flow of capital inside the financial structure of Microstrategy.
Anyways, I would still be surprised if they decide to sell any bitcoin to do so in the coming months. No need to do that now.

[ultrloa]

I'm surprised nobody is talking about the fact that Saylor has admitted that they would sell Bitcoin.
Phong even clarified on it
"We will sell Bitcoin when it is advantageous to the company," Le said. "We are not going to sit back and just say we will never sell the Bitcoin."
At least they are more realistic and can be considered to have deceived people that really believed they would never sell.
Where's all that HODL gone to?
This literally a fancy way of saying the company will sell at a top like we trading.

Saylor compared it to a real estate developer selling land at a profit, not a retreat from the strategy,

This brought a chuckle
Saying comparing Real Estate with Bitcoin forgetting that Bitcoin is fungible and every Sats are similar.

https://sg.finance.yahoo.com/news/michael-saylor-finally-wants-sell-115015446.html

Lol, I was surprised as well, but as I got stuck on other things, I was just coming to comment on it.

Guess what? I am happy with this shift in tone from the usual "Bitcoin is our strategic reserve and we HODL forever" narrative.
Even if it's a small, tactical sale (and Saylor clarified they will be net buyers overall), it evolves their Bitcoin treasury strategy from a "pure and ideological thesis" to a more mature "practical, stakeholders' sensible" approach.
Selling any bitcoin to fund dividends could be interpreted by the market as the first crack in the armor, and it might scare some leveraged holders or signal that even Strategy needs to monetize the stack under certain conditions. But I think that being ready to sell some of their massive bitcoin stash entails a more fluid flow of capital inside the financial structure of Microstrategy.
Anyways, I would still be surprised if they decide to sell any bitcoin to do so in the coming months. No need to do that now.

Its seems that they try to became practical now for changing their tone. Those actions they made shows that they are some willing to became flexible for the sake of their stakeholders, somehow Saylor made everything clear that Strategy will continue to buy more Bitcoins.

So for me those statement they made is about maturity rather than thinking about planning to sell all of their stacks. But let's see the next chapter of their action to see if there's really some changes will happen.

[Ambatman]

They don't have to. The other option is to keep finding new investors to cover the dividends for those who already hold STRC. That was the original plan. But we’ve reached a point where changing a principle that was supposed to be set in stone is becoming a common occurrence. It’s becoming increasingly clear that buying Strategy products is a matter of faith. You can’t trust that what Saylor says today will still hold true tomorrow.

If you think about it
There are many ways they can generate the funds for their dividend pay out
Neglecting cash reserve which they already have.
I believe they brought it out because they want to prepare the public mind when they finally do sell
Recall phong stated this before vaguely
At least now we know they ain't bullshitting and we also know that Saylors words are just words.

Guess what? I am happy with this shift in tone from the usual "Bitcoin is our strategic reserve and we HODL forever" narrative.
Even if it's a small, tactical sale (and Saylor clarified they will be net buyers overall), it evolves their Bitcoin treasury strategy from a "pure and ideological thesis" to a more mature "practical, stakeholders' sensible" approach.

Exactly.
Never selling felt like what a scammer would say because it's unrealistic
Where's the fun in just buying Bitcoin and not making use of it.

[fillippone]

What is striking me is the resilience of STRC this week, getting to 100. It is less than 6 market days to the ex-dividend date, and STRC hasn't had to fire the ATM flywheel. 

	Close, but no cigar

Having STRC firing on all cylinders would help Saylor replenish the dividend reserve and put the day he will need to sell some bitcoin back into the future.

[Popkon6]

Strategy Announces First Quarter 2026 Financial Results
... and STRC is currently the best stock in terms of market capitalization.

You see? This is what I mentioned in my previous post in this thread. Practically every time I read something in a thread about Saylor or Strategy, it contains some factual inaccuracy. At first it used to annoy me, but now I'm just bored of having to correct people.

When you say that STRC is the best stock in terms of market cap, I assume you're referring to the stocks in the Strategy portfolio, because in the global market, it's obviously NVIDIA.

The largest market capitalization among Strategy’s stocks isn’t held by STRC; it’s held by MSTR. Currently MSTR market cap is about $65,5B whereas STRC market cap is about $8,5B.

You can check it yourself here:

https://www.strategy.com/

https://www.strategy.com/strc

It wasn't mentioned exactly as I wanted to mention it, rather I forgot to mention this MSTR share. However, I looked carefully at your previous thread and accessed both links from which I actually found evidence.

[Free Market Capitalist]

What is striking me is the resilience of STRC this week, getting to 100. It is less than 6 market days to the ex-dividend date, and STRC hasn't had to fire the ATM flywheel.  

Maybe they're ATMing the stock just below $100, which is why it never quite hits the mark—it stops a few cents short and then drops.

If that's not the case, it's probably because the number of new buyers is going to decline, despite what people who buy into Saylor's message believe—namely, that there will be an endless supply of STRC buyers who will help Bitcoin skyrocket to the moon and beyond.

People with money who want something volatile can buy Bitcoin; if they don’t like Bitcoin, they have other options, such as the Nasdaq 100, which has been far more profitable over the past five years. If they want something safe—truly safe—they invest in safe products that can yield a third of what STRC offers. The idea that a product yielding 11.5% is a safe investment is held by only a very small niche of people in the investment world. That’s just looking at the interest it offers; but if they take even a cursory look at the fact that it’s marketed as safe yet the product description states that it can be suspended and that it was launched based on principles that have since been changed (30% CAGR, “never sell your bitcoin”), there’s no way in hell they’re going to buy the product.

Then there are those who do believe the message and have already bought in. But whether you’re an individual who’s invested $10,000 or a company that’s invested $10 million, what you want is to collect dividends—not to keep buying shares so that the money you put in ends up paying dividends to yourself.

That’s why I believe the supply of new STRC buyers will eventually peak. And I think Saylor knows this, which is why he’s leaving open the possibility of selling Bitcoin to pay the dividend.

[sergiorus]

What is striking me is the resilience of STRC this week, getting to 100. It is less than 6 market days to the ex-dividend date, and STRC hasn't had to fire the ATM flywheel.  

	Close, but no cigar

Having STRC firing on all cylinders would help Saylor replenish the dividend reserve and put the day he will need to sell some bitcoin back into the future.

I think there might also be inflow of crypto money into it. You can now buy it as a tokenised stock on DEXes not only on Ethereum, but also on Solana and Binance chain.
Also Saylor retweeted announcements about those.

[fillippone]

I think there might also be inflow of crypto money into it. You can now buy it as a tokenised stock on DEXes not only on Ethereum, but also on Solana and Binance chain.
Also Saylor retweeted announcements about those.

I am not sure I know those variants.
What I am pretty sure of is that you need to purchase such coins from an ATM facility, and I don't think it's tokenised yet. So only the purchases in the NYSE count toward the amount to be used to buy bitcoin next week.
Only the equivalent of one bitcoin has been printed today. Very little as someone was aggressively selling STRC just below par.

[Free Market Capitalist]

Let's put this on record in the thread, while we're at it. From “never sell your Bitcoin” to



https://nitter.net/saylor/status/2052394763001761817#m

At least some comments point out the contradiction.

[sergiorus]

I think there might also be inflow of crypto money into it. You can now buy it as a tokenised stock on DEXes not only on Ethereum, but also on Solana and Binance chain.
Also Saylor retweeted announcements about those.

I am not sure I know those variants.
What I am pretty sure of is that you need to purchase such coins from an ATM facility, and I don't think it's tokenised yet. So only the purchases in the NYSE count toward the amount to be used to buy bitcoin next week.
Only the equivalent of one bitcoin has been printed today. Very little as someone was aggressively selling STRC just below par.

the issuers of the tokenised stock (Dinari, xStocks, maybe there are more) have to back them 1:1, so in order to issue them they had to purchase them, and if there's demand for more issuances, they will purchase more stock too.

Not sure about demand, but we are in the phase of exploration when issuers make efforts to bring their products to as many active blockchains as possible to find out where their customer is at.

[avp2306]

Let's put this on record in the thread, while we're at it. From “never sell your Bitcoin” to



https://nitter.net/saylor/status/2052394763001761817#m

At least some comments point out the contradiction.

Understandable to read such comments because maybe lots of people has been surprised on sudden changes happening.

For sure once they see Strategy done paying attention with their share holders. Maybe they start buying again and that stop the doubts towards future action will be done by them.

But I really think they are just testing the waters towards releasing, but yeah let see what's going to happen. Their are some entities will provably use that situation to create fear or FUD to manipulate people's mind to possibly initiate panic selling.

[Free Market Capitalist]

Nobody commented on the purchase that will be announced today?



It seems they ATMed some STRC after all.

[Popkon6]

Source link: https://x.com/i/status/2053807998993150151


Michael Saylor has purchased 535 Bitcoins this week using $43 million, although the amount of Bitcoin purchases this week is less than other weeks, but they have maintained the continuity of purchases. With the addition of 535 Bitcoins, they are now holding 818869 Bitcoins, they have purchased Bitcoins using MSTR and STRC shares.
They have only 181131 Bitcoins left to complete their one million Bitcoins. However, they will be able to collect these Bitcoins in the future in a few months by maintaining a regular and consistent purchase of Bitcoins.