Michael Saylor’s strategy resumes Bitcoin buying
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A couple of months ago, critics said Strategy was approaching a financial crisis. Now, the bitcoin treasury company is back in the green.
Strategy (MSTR) stock fell 3% after allocating $635M to STRC buybacks instead of Bitcoin. Total BTC holdings now stand at 845,050 worth $65.9B.
Strategy (NASDAQ:MSTR), which decisively remains the largest public holder of bitcoin and a prominent digital asset treasury company, has formally objected to
STRC trades at $97.34 despite Strategy’s growing repurchases, while SATA’s higher dividend rate has helped it hold its $100 par value.
The company has not bought Bitcoin since June, and has now created a liquidity account it said may be spent on more of it.
Executive Chairman Michael Saylor shared a “We’re Back” message on X, suggesting Strategy may be preparing to resume Bitcoin acquisitions after a two-month hiatus since June 22. Bitcoin has rallied more than 2.5% from its Friday low, currently ...
Strategy is upgraded to a hold as the balance sheet strengthens and Bitcoin per share rises. Click for more details on the MSTR stock.
Strategy (NASDAQ: MSTR) stock is up by 30% in August 2026. The stock opened trading on August 3 at $94, and it has since gained to $127 by market close on