MicroStrategy CEO revealed that the $8K–$10K Bitcoin level serves as the company's debt stress threshold amid reports of capital structure pressure. To strengthen its position, the company raised its cash reserves to $3.75 billion by selling $544.5 million worth of MSTR shares. Additionally, the firm sold 3,588 BTC to cover dividends and debt obligations for approximately 20 months while pausing new Bitcoin purchases. As of July 26, 2026, the company's total holdings remained unchanged at 843,775 BTC.
The company raised $544.5 million through stock sales, bringing cash reserves to $3.75 billion while keeping its Bitcoin treasury unchanged.
Read the full storyThe firm increased its USD reserves by $225 million to a total of $3.2 billion, while halting Bitcoin acquisitions for the week ended July 19.
CEO Phong Le identifies the $8,000–$10,000 range as the critical debt stress threshold for the company's Bitcoin-backed capital structure.