Below is a summarized version of The Block Research's Strategy: The Capital Stack Meets a Falling Bitcoin Price report. The full PDF version of this

Strategy’s bitcoin position has swelled to 846,842 BTC after surviving a dramatic 2022 crypto market downturn that put its balance sheet and stock price

Strategy bought 520 Bitcoin for about $35 million last week, bringing its total to 847,363 BTC acquired at a cumulative cost of $64 billion.

Strategy's total holdings account for more than 4% of the 21 million bitcoin supply cap — worth around $55 billion.

Michael Saylor’s firm topped up its USD cash reserve to $1.4 billion as it made its smallest Bitcoin buy since selling 32 BTC three weeks ago

Strategy bought 520 BTC for $35M last week, pushing total holdings to 847,363 Bitcoin. The firm also added $300M in cash reserves through equity offerings.

Strategy purchased 520 bitcoin for $35 million last week, increasing its holdings to 847,363 BTC while raising its USD Reserve by $335 million to $1.4 billion.

Below is a summarized version of The Block Research's Strategy: The Capital Stack Meets a Falling Bitcoin Price report. The full PDF version of this

The Block warns Strategy isn't Bitcoin at a discount, sitting $9.4B underwater with just 10 months of cash reserves left.

CryptoQuant says the cash cushion behind Strategy's STRC has thinned from seven years of coverage to 14 months, and buying BTC at cycle tops has left the company with a $10.6…

It's becoming more expensive for Strategy to fund its bitcoin...strategy.

Bitcoin fell to a two-week low price Wednesday as Strategy shares dove below the $100 mark for the first time since March 2024.

Strategy Inc. shares hit $100.03 intraday on June 23, 2026, down 70% from 2025 peaks as Bitcoin slides and preferred share funding dries up.

STRC fell even lower Wednesday while MSTR bleeds. CryptoQuant says that Strategy needs to stop buying Bitcoin and start stacking cash.

Strategy’s bitcoin bet faces pressure as BTC slides, MSTR sinks and investors reassess the firm’s leveraged treasury model.

Strategy (MSTR) plunged more than 10% to a two-year low near $92 as Bitcoin crashed below $60,000, wiping out billions in unrealized gains.

Shares of Strategy, the largest corporate holder of Bitcoin, fell below $100 on Wednesday for the first time since March 2024, leaving the company trading at a discount to the…