Michael Saylor Signals Another Bitcoin Buy Is Coming — Strategy Already Holds 815,061 BTC

[AIcash]

Strategy's BTC purchase history. Source: Strategy Tracker

Michael Saylor has once again teased an imminent Bitcoin purchase by sharing Strategy's full BTC transaction history on X — a move that has reliably preceded new buying activity in the past. The signal comes less than a week after Strategy completed its most recent acquisition of 34,164 Bitcoin for more than $2.5 billion, bringing total holdings to 815,061 BTC valued at approximately $63.6 billion at current prices. With 107 individual BTC transactions logged since 2020, Strategy has cemented its position as the largest corporate Bitcoin treasury in the world by a significant margin.

The closest competitor, Twenty One Capital, holds just 43,514 BTC — roughly 5% of Strategy's position.The scale of Strategy's accumulation is having measurable effects on Bitcoin's supply dynamics. According to BTC advocate Samson Mow, Strategy's buying pace is currently absorbing three times the newly mined supply of Bitcoin — a rate that could trigger a supply shock if exchange balances continue to decline. With Bitcoin now trading above $78,000 and Strategy's average cost basis sitting at approximately $75,528 per coin, the company's treasury is back above water after reporting a $14.5 billion unrealized loss in Q1 2026, when BTC dropped from a high above $126,000 to a low near $60,000 in February.

[kevin1]

815,061 BTC at a $63.6B valuation means Strategy is sitting on roughly 3.9% of the entire Bitcoin supply. The concentration risk this creates for the market — both on the upside and on any forced liquidation scenario — is the tail risk nobody prices in during bull runs.