On June 14, Bitcoin treasury holder Strategy’s Chairman Michael Saylor posted on the social media website X, formerly Twitter, regarding Bitcoin’s purchase “still adding dots,” a post widely interpreted as a caution that the company remains to purchase Bitcoin.
The chart reflects the value of Bitcoin purchases that Strategy has made in recent years, with each data point indicated by an orange dot. The post strengthens a pattern in which Saylor uses brief, cryptic posts signaling on the ongoing purchases, possibly influencing market expectations before the official announcement within the week.
Strategy purchased roughly 1,550 Bitcoin, equaling $101.3 million or an average of $65,332 per Bitcoin between June 1 and 7. The cumulative holdings recorded at 845,256 Bitcoin, with an average purchase value of $75,680. At current price level in relation to the purchase value, the position shows a period where holdings may be below the average purchase value, reflecting ongoing exposure to market fluctuations while remains accumulating.
Furthermore, Strategy’s buying approach has remained consistent in 2026. In mid-May, it purchased 24,869 Bitcoin for approximately $2 billion, while in April it purchased 13,927 Bitcoin for roughly $1 billion. Saylor noted that the company is purchasing Bitcoin at about twice the rate of daily miner output.
Between May 26 and 31, the company also announced that it sold 32 Bitcoin, and it was designed to pay dividends on the preferred stock “STRC,” indicating the company’s first sale in approximately four years. The sale accounted only 0.004% of total Bitcoin reserves, it triggers speculations from some investors who argued it ran counter to Saylor’s belief “never sell.” Nonetheless, Saylor has previously noted that the company tends to buy 10 to 20 Bitcoin for every Bitcoin sold.
According to a KuCoin report, an analyst denotes that Bitcoin’s current pullback toward roughly $61,000 may develop additional purchase opportunities for Strategy. Specifically, it sold at an average price of about $77,135. Purchasing at current levels could therefore enhance the overall cost basis.
At present, the market is focused on the potential near-term Bitcoin purchase announcement from Strategy, which could confirm its long-term purchase approach and influence widely investor sentiment.
Overall, the company reflects to prioritize increasing Bitcoin holdings per share rather than following the no-sell policy. For shareholders, the key distinction is important, as it demonstrates a willingness by management to take a realistic approach to funding needs while maintaining a long-term Bitcoin-centric approach.
