MicroStrategy purchased 520 bitcoin for approximately $35 million on June 22, 2026.
The company simultaneously increased its U.S. dollar reserves by $300 million. Total cash holdings now reach $1.4 billion.
This capital injection aims to support the credit quality of digital securities, specifically the STRC preferred stock. The STRC series recently hit a historic low of $82.53, trading significantly below its $100 par value.
Market analysts view the move as a direct response to concerns regarding STRC stability. The increased reserves help ensure the company can maintain dividend payments despite the stock's persistent price discount.