MicroStrategy May Fund 1,500 Bitcoin Purchase with 11.5% STRC Issuance
MicroStrategy, which holds 762,099 Bitcoin valued at over $50 billion, appears poised to resume BTC purchases this week after Executive Chairman Michael Saylor revived his “Orange Dot” tracker, historically signaling multi-million-dollar buys. The firm’s STRC preferred stock issuance has restored capacity to fund at least 1,500 additional Bitcoin acquisitions.
1. Bitcoin Purchase Resumption
MicroStrategy appears set to resume Bitcoin acquisitions this week after a brief pause in its long-running treasury strategy, signaled by the revival of Michael Saylor's “Orange Dot” tracker on social media. Historically, this signal has preceded multi-million-dollar Bitcoin buy orders.
2. Funding via STRC Preferred Stock
The recent issuance of STRC preferred stock, which pays a variable annualized dividend of 11.5% as of April 2026, has restored enough capacity to fund at least 1,500 Bitcoin purchases. Since launch, STRC has financed the acquisition of 50,792 Bitcoin for the firm’s treasury.
3. Current Bitcoin Holdings
MicroStrategy currently holds 762,099 Bitcoin, valued at over $50 billion, making it the largest publicly traded corporate holder of the asset. Another purchase this week would extend its lead over other firms in corporate Bitcoin holdings.
4. Strategic Implications and Risks
Supporters view this financing model as a high-conviction method to scale Bitcoin accumulation and position MicroStrategy as a proxy for the asset. Critics caution that the growing dividend burden tied to STRC could expose the company to heightened risk if Bitcoin undergoes a sharp downturn.