Michael Saylor claims that Strategy, formerly known as MicroStrategy, holds more reserve capital than any financial services firm in the S&P 500 index, with the sole exception of Berkshire Hathaway, which held approximately $365.5 billion in cash and Treasury bills as of June 30, 2026. As of August 30, 2026, Strategy owned approximately 845,050 BTC acquired at a cost of about $63.73 billion, plus around $6.7 billion in cash, placing its ‘Total Reserve Capital’ somewhere between $66 billion and $72.3 billion. On August 31, 2026, the company resumed its Bitcoin acquisition program by purchasing 4,603 BTC for approximately $370 million, ending a 10-week pause in buying activity. Strategy now controls roughly 4% of Bitcoin’s total circulating supply, making it the largest corporate holder of the cryptocurrency. This ‘Total Reserve Capital’ figure is a proprietary metric created by Strategy, and critics have noted it may exclude certain senior claims against the company’s assets.
Source: Read the original article
