{"id":98325,"date":"2026-06-04T13:03:02","date_gmt":"2026-06-04T13:03:02","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=98325"},"modified":"2026-06-04T13:03:02","modified_gmt":"2026-06-04T13:03:02","slug":"michael-saylors-10-billion-bitcoin-hole-what-does-strategy-do-now","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=98325","title":{"rendered":"Michael Saylor&#8217;s $10 Billion Bitcoin Hole: What Does Strategy Do Now?"},"content":{"rendered":"<div>\n<p><strong>Strategy Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"MSTR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\">MSTR<\/a>) is facing renewed scrutiny as the company faces an unprecedented $10 billion unrealized loss on its <strong>Bitcoin<\/strong> <a href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) holdings.<\/p>\n<h2 class=\"wp-block-heading\">What Is Going Wrong For Michael Saylor<\/h2>\n<p>Market commentator Kyle <a href=\"https:\/\/x.com\/zeroxkyle\/status\/2062371765209473249?s=20\">argued<\/a> on X on June 4 that the company&#8217;s preferred-share dividend obligations could turn <strong>Michael Saylor <\/strong>from Bitcoin&#8217;s biggest buyer into a potential forced seller.<\/p>\n<p>The company\u2019s Bitcoin accumulation model worked while the company funded purchases through equity issuance, convertible notes and other financing tools that did not require near-term cash payments.<\/p>\n<p>The concern now is that Strategy&#8217;s newer preferred-share products, including <a class=\"ticker-link\" data-ticker=\"STRC\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/STRC\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/STRC\">STRC<\/a>) and <a class=\"ticker-link\" data-ticker=\"STRD\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/STRD\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/STRD\">STRD<\/a>), carry yield obligations.<\/p>\n<p>Strategy owns roughly 4% of &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/crypto\/cryptocurrency\/26\/06\/52997776\/michael-saylors-10-billion-bitcoin-hole-what-does-strategy-do-now?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Michael\" saylor billion bitcoin hole: what does strategy do now>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strategy Inc. (NASDAQ:MSTR) is facing renewed scrutiny as the company faces an unprecedented $10 billion unrealized loss on its Bitcoin (CRYPTO: BTC) holdings. What Is Going Wrong For Michael Saylor Market commentator Kyle argued on X on June 4 that the company&#8217;s preferred-share dividend obligations could turn Michael Saylor from Bitcoin&#8217;s biggest buyer into a [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-98325","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/98325","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=98325"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/98325\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=98325"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=98325"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=98325"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}