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Michael Saylor calls Bitcoin digital economic energy, Strategy holds 840K BTC worth $64.86B, up $1.5B from cost

Market News
23 Aug 2026
Crypto news
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Bullish
Michael Saylor calls Bitcoin digital economic energy, Strategy holds 840K BTC worth $64.86B, up $1.5B from cost

Michael Saylor reaffirmed his view of Bitcoin as digital economic energy that can be securely controlled by individuals, companies, or governments. Strategy, the company he leads, holds 840,447 Bitcoin, about 4% of the total supply, valued at $64.86 billion at current prices, which is $1.5 billion above their acquisition cost. Strategy also maintains a $4.8 billion cash reserve and recently raised $333.7 million through share sales. The company plans to resume Bitcoin accumulation once its preferred shares recover in value, with future SEC filings expected to reveal further moves.

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241 billion Shiba Inu tokens moved to exchanges signal rising sell pressure, threatening recent price rally.

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