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MSTRSeptember 21, 2026
Thesis holds

A reason to own MicroStrategy (Strategy) held.

Helm tested one of the reasons to own MicroStrategy (Strategy) against a primary source and recorded what it found. The sentence below is quoted exactly as it was published.

The claim under test

Access to equity and convertible markets lets it keep accumulating bitcoin accretively

What the source actually says

As of September 20, 2026, the balances of the USD Reserve and USD Cash were $5.04 billion and $1.05 billion, respectively.
SEC filingSeptember 21, 2026Read the source

Why it matters

The substantial cash reserves suggest that the company has access to capital markets, enabling it to continue accumulating bitcoin.

Helm runs this against house theses in public and against your own holdings inside the terminal. Scan a ticker.