Strategy Inc (MSTR) boosts Bitcoin reserves to 846 BTC, cuts net debt to $6.7 billion, and unveils a $1 billion buyback plan to restore STRC to par value.
News
High-signal headlines only - macro events, earnings, M&A, regulatory. Listicles and analyst clickbait filtered out by default. Refreshed hourly.
Strategy, the biggest bitcoin whale, hasn't bought any of the cryptocurrency in more than a month. It has even unloaded some bitcoin to pay preferred stock dividends as the company has raced to raise cash to stem an investor crisis of confidence. Strategy may be ready to dive back into bitcoin accumulation now that it has raised $3.75 billion in cash, calming investor fears.
Strategy has not bought Bitcoin in four weekly filings. Q2 earnings on July 30 will test whether the pause continues.
Strategy's stock price rallied over 50% in the past month. Bitcoin is trading above $80,000. Bitcoin spot ETFs have pulled in $827 million so far in May.
Strategy paused Bitcoin buying ahead of its May 5 Q1 2026 earnings as Saylor signals a normal pace returns next week.