CryptoMedium3 September 2026
2 min read

MicroStrategy Bitcoin Reserves Hit $66B, Ranking Second in S&P 500 Cash Equivalents

Key Facts

1MicroStrategy now holds $66 billion in Bitcoin reserves, ranking second in the S&P 500 for cash and equivalents reserves.
2Berkshire Hathaway remains in the top spot with $364 billion in reserves, surpassing MicroStrategy.

In a move reflecting the growing institutional adoption of digital assets for corporate treasury management, MicroStrategy has grown its Bitcoin reserves to a valuation of $66 billion. According to reports, this strategy has positioned the firm as the second-largest holder of cash and equivalents within the S&P 500 index. Executive Chairman Michael Saylor defended the aggressive accumulation, framing Bitcoin as a premier wealth-building tool comparable to traditional assets favored by the wealthy.

MicroStrategy now trails only Berkshire Hathaway in this reserve category, with the latter maintaining the top spot with $364 billion in reserves, per analyst data. This ranking highlights the scale of MicroStrategy's commitment to digital assets relative to traditional corporate giants. Per market data, MSTR shares closed at $123.19 on September 2, 2026, after trading within a daily range of $121.38 to $124.66.

Investors are monitoring whether the stock can maintain levels above its September 2, 2026 close of $123.19 as a gauge of continued confidence in the digital treasury model. With no immediate crypto-specific catalysts in the upcoming economic calendar, market attention remains fixed on Bitcoin price volatility and its direct impact on the company's balance sheet. Future communications regarding further debt or equity issuance to fund purchases remain a key focus for shareholders.