Strategy Revives Bitcoin Buying Plans Despite Treasury Sales
Strategy, the company behind MSTR stock, has announced plans to restart buying Bitcoin in 2026. Despite recent treasury sales that raised $213.3 million, Strategy's dollar reserve increased to $4.65 billion, giving management more flexibility for preferred dividends and share repurchases.
The company holds 840,447 BTC after selling 5,966 coins at an average price of $64,262 last week. This move has sharpened the focus on Strategy's capital model, with analysts noting that issuance works best when shares trade above modified net asset value.
Strategy CEO Phong Le stated that the company expects to buy more coins despite four recent treasury sales. The Bitcoin price currently hovers near $63,400, and Strategy plans to resume accumulation later this year.