Michael Seller once again released on platform X the usual Bitcoin hold-up signal map for Strategy, from which it is widely assumed that the company may soon announce a new round of bitcoin purchases. As the size of the warehouse continues to grow, the market focus has shifted from whether to continue buying to how to do so.

The holding tank has risen to 846.8 thousand.

According to the data quoted in the text, Strategy has cumulatively completed 112 purchases since the launch of the Bitcoin Treasury strategy in August 2020, currently holding 846,842 bitcoin, valued at approximately $54.3 billion by the medium calibre of the text.

BitcoinTreasurys.NET also shows that the company had only one sales record during this period. The article mentions that Strategy sold 32 bitcoin on 1 June 2026. At the same time, its priority share of STRC fell to $90.

Challenges focused on sustainability of financing

The community response has not been as optimistic as it was in the past. Some market participants began to question whether Strategy, under the current financial constraints, could still maintain the high-frequency increase in bitcoin.

The view was expressed that companies were already caught in a cycle of relying on the continuous purchase of currency to maintain market confidence. If there is a marked fall in bitcoin prices, the high leverage structure of Strategy may face greater pressure. Based on this judgement, critics argue that the company should consider selling some bitcoin or MSTR shares in order to pay off the debt and priority securities-related obligations.

Proponents are still following the current pattern.

However, the supporters did not withdraw significantly. Some of the Bitcoin supporters argue that external attention is too low, while the role of corporate cash reserves and priority securities instruments is overlooked.

According to this statement, instruments such as STRC could, if they worked well, acquire more capital space for the company without increasing the number of ordinary shares and continue to support its Bitcoin deployment strategy.

The article also mentioned that Seller had recently reviewed Strategy ' s performance since Bear City in 2022, stressing that the company had moved out of the then low. At the time of the submission, the Bitcoin report was $64,106.25, still below the $65,000 level touched on 18 June.