EL7.AI
CryptoMediumUpdated×5•Originally published 13 July 2026•Updated 14 July 2026•
2 min read

MicroStrategy Maintains Bitcoin Holdings Unchanged for Second Consecutive Period

Key Facts

1MicroStrategy has paused its Bitcoin acquisition spree to accumulate a significant $3 billion cash reserve.
2The company now holds enough liquidity to cover preferred-stock dividends and debt interest for over 20 months.

Reaffirming its long-term HODL strategy, MicroStrategy confirmed in an SEC filing that its Bitcoin holdings remained unchanged. According to reports, the company maintained its digital asset portfolio for the second consecutive reporting period, contradicting previous market speculation regarding potential sales. Simultaneously, the firm successfully raised $466.7 million through the sale of 4.8 million Class A shares to bolster its cash reserves.

This move underscores the company's commitment to its position as the largest corporate Bitcoin holder, with total reserves standing at 843,775 BTC at an average purchase price of $75,476 per coin. The decision to abstain from further Bitcoin purchases with the new capital drew praise from Wall Street analysts, who viewed the move as a prudent balance sheet reinforcement. Compared to peers, MicroStrategy continues to pursue a more aggressive strategy than Tesla and Block, which have maintained more conservative liquidity positions per market data.

Regarding market performance, MicroStrategy (0A7O.L) shares dipped 3% in reaction to the share sale details, closing at $99.62 (at close July 10, 2026). Investors are now focusing on the upcoming FOMC Minutes scheduled for July 8, 2026, as interest rate signals will likely dictate the trajectory for crypto-linked equity and broader risk appetite in the technology sector.

Latest Updates · 2

  1. Notable·

    Update: MicroStrategy further bolstered its liquidity by adding $467 million to its cash reserves without making new Bitcoin purchases. Meanwhile, analysts warned that Michael Saylor must provide clearer communication regarding this strategic pivot to avoid destabilizing crypto market sentiment.

  2. Notable·

    Update: In a subsequent development, an SEC filing revealed that MicroStrategy raised $466.7 million by selling 4.8 million Class A shares through its at-the-market (ATM) offering program. These sales, executed between July 6 and July 12, directly support the company's stated goal of building cash reserves while maintaining its current Bitcoin holdings.