Strategy to Resume Buying Bitcoin Later This Year
Strategy CEO Phong Le announced that his company plans to resume buying Bitcoin later this year. Despite recent sales, Strategy has maintained a substantial net accumulation pace since January 2026.
The company has purchased approximately 175,000 BTC while selling around 7,000 BTC over the same period, a ratio of roughly 25 times more buying than selling.
Strategy's average Bitcoin purchase price sits at $75,385, meaning the recent sales have been conducted at a loss. Le attributed these sales to specific financial priorities: rebuilding US dollar reserves and supporting its STRC preferred stock, which pays a bi-monthly dividend yielding 12%.
The company aims to push STRC's share price back to its $100 par value by repurchasing shares with the sale proceeds. Strategy used the BTC sale proceeds to repurchase 1,152,020 shares of its preferred stock at a matching cost of $108.6 million.