Overview
- Michael Saylor posted an updated Strategy bitcoin tracker on Sunday that displayed 843,738 BTC and the brief caption “Working ₿etter,” a pattern traders have followed before past purchase disclosures.
- A short-lived transfer of 411.48 BTC to Coinbase Prime, followed hours later by a withdrawal, intensified speculation and pushed Polymarket odds of a 2026 MicroStrategy BTC sale above 90%.
- MicroStrategy’s most recently disclosed buy added 24,869 BTC at an average near $80,227 per coin, bringing total disclosed holdings to 843,738 BTC according to StrategyTracker data.
- The company’s available cash dropped after a May repurchase of roughly $1.5 billion face value of 2029 convertible notes for about $1.38 billion, leaving roughly $871 million in USD reserves and raising investor focus on liquidity.
- Investors are watching for a formal 8‑K or further custody moves in the coming days and for the June 8 STRC vote on dividend timing because both could affect how the company funds future bitcoin purchases or sales.