Michael Saylor Declares 'Second Century Starts,' Suggests Upcoming Bitcoin Purchase
Michael Saylor's Bitcoin Holdings: Strategy Chairman Michael Saylor announced that the company currently holds 720,737 BTC, valued at approximately $48.5 billion, and hinted at a new Bitcoin purchase on Sunday.
Recent Trading Activity: Bitcoin was trading at $67,124, down by 1.2% over the past 24 hours, while Strategy's stock closed at $133.53, experiencing a slight decline in after-hours trading.
Investment Strategy: Strategy has made 101 Bitcoin purchases at an average price of about $75,985 each, raising around $237 million through selling its variable rate series preferred stock.
Market Sentiment: Retail sentiment around Bitcoin and Strategy remains bullish, despite slight fluctuations in trading levels, indicating a generally positive outlook among investors.
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- New Capital Metric: Strategy Chairman Michael Saylor stated that ‘Bitcoin per share (BPS) is EPS on the Bitcoin Standard,’ indicating that this metric will guide the company's capital, equity, and debt decisions, highlighting the firm's focus on Bitcoin.
- Significant Loss Impact: The company reported a net loss of $12.54 billion in Q1 2026, primarily due to a $14.46 billion unrealized loss on Bitcoin holdings, reflecting the substantial impact of cryptocurrency market fluctuations on its financial health.
- Dividend Payment Strategy: CEO Phong Le mentioned that the company would sell some Bitcoin to finance dividends when the market net asset value (mNAV) falls below 1.0, marking a significant shift in capital management strategy that could affect shareholder returns.
- Emergence of Digital Credit: Over the past 10 months, Strategy raised $8.5 billion through a perpetual preferred stock instrument called Stretch, which offers an 11.5% monthly cash dividend, demonstrating the company's innovative capital structure and focus on future cash flow sustainability.
- Dividend Payment Strategy: Strategy plans to sell Bitcoin if necessary to support STRC dividends, yet Saylor emphasizes the company will maintain a net buying position in Bitcoin forever, ensuring long-term financial stability.
- Bitcoin Appreciation Expectation: The company anticipates that a 2.3% annual appreciation in Bitcoin will cover monthly dividend obligations of $80-90 million, reflecting confidence in the Bitcoin market and optimism for future earnings.
- Market Impact Analysis: Saylor rebuffed claims that the company's Bitcoin purchases significantly affect market prices, stating that even buying $100 million of Bitcoin per hour does not move the price, indicating the market's deep liquidity.
- Capital Operation Model: Saylor likened the company's Bitcoin appreciation strategy to real estate development, emphasizing capital investment through credit instruments, showcasing the company's strategic positioning and long-term growth potential in the Bitcoin market.
- Investor Engagement: StrategyInc will host a live Q&A session with retail investors on May 13, 2026, featuring Founder & Executive Chairman Michael Saylor and CEO Phong Le, aimed at enhancing investor interaction and transparency.
- Streaming Platforms: The Q&A will be streamed live on X and YouTube, allowing investors to submit questions in advance through Strategy's official Question Submission Form, ensuring timely responses to investor concerns.
- Event Replay: An archived replay of the event will be available approximately two hours after the conclusion on Strategy's investor relations website under the 'Events and Presentations' section, providing access for investors who cannot attend live.
- Company Background: StrategyInc is the world's first Bitcoin Treasury Company, focused on generating long-term value through innovative financial strategies and AI-powered enterprise analytics software, showcasing its leadership in both digital asset and enterprise analytics markets.
- Bitcoin Rebound Signs: Bitcoin and other large cryptocurrencies are showing signs of a rebound, with improved momentum suggesting that their counter-trend upmoves may have staying power, potentially providing investors with an opportunity to rebuild positions.
- MSTR Long-Term Indicators Improve: As the world's largest bitcoin treasury company, MSTR has seen a significant rebound over the past month, with improvements in the monthly MACD indicating a loss of downside momentum, which may signal the maturation of its bearish cycle.
- Strong WGMI ETF Performance: The ETF proxy WGMI has also shown positive intermediate-term momentum, clearing its January high, suggesting it could continue to trend higher in the coming weeks, with a target price approaching $68.
- Mining Stocks Technical Improvement: Bitcoin mining companies have similarly experienced turnarounds, with healthier technical setups providing investors opportunities to increase exposure in Q2, especially against the backdrop of improving market sentiment.
- Ethereum Holdings: Bitmine currently holds over 4.31% of the total Ethereum supply, approximately 5.21 million ETH valued at $11.1 billion, indicating its significant position and influence in the cryptocurrency market.
- Market Performance: Despite cautious market sentiment, Bitmine's stock averages $816 million in daily trading volume, ranking as the 149th most traded stock in the U.S., reflecting its popularity and liquidity among investors.
- Strategic Investments: Bitmine's total assets include $13.4 billion in cash and crypto holdings, with 4,712,917 staked ETH, demonstrating its firm commitment to long-term investment strategies.
- Institutional Support: Bitmine is backed by several prominent institutional investors, including Cathie Wood from ARK and Pantera, aiming to achieve its goal of acquiring 5% of Ethereum, further solidifying its market position.
- Asset Growth: Bitmine's holdings of ETH have reached 5.21 million tokens, accounting for approximately 4.31% of the total supply, resulting in total assets of $13.4 billion, indicating strong growth potential in the cryptocurrency investment sector.
- Significant Staking Returns: Bitmine holds 4,712,917 ETH in staking, valued at approximately $11.1 billion at the current price of $2,366, demonstrating the company's success in generating stable returns through ETH staking.
- Enhanced Market Position: Bitmine transitioned from NYSE American to the New York Stock Exchange on April 9, 2026, becoming the 149th most traded stock in the U.S. with an average daily trading volume of $816 million, which boosts its market influence and investor confidence.
- Institutional Investor Support: Backed by prominent investors including Cathie Wood of ARK, Bitmine solidifies its position in the cryptocurrency space and aims to achieve its goal of acquiring 5% of ETH, showcasing strong institutional confidence in its strategy.











