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Strategy CEO says bitcoin buying will resume later in 2026 after recent sales and cash buildup.

Market News
12 Aug 2026
Bitcoin
View Source
Neutral
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Strategy CEO Phong Le confirmed the company will resume buying bitcoin later in 2026 despite selling small amounts four times since May. The firm has bought about 175,000 BTC this year while selling only 7,000, maintaining a strong buy-to-sell ratio. Recent sales helped build a record $4.65 billion USD reserve, used for dividends, share buybacks, and balance-sheet management amid a tough Q2 with an $8.6 billion net loss. The company holds 840,447 BTC and plans to return to net accumulation once capital management efforts ease, with market watchers closely monitoring its valuation and mNAV ratio.

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TOMI Environmental posts 118% revenue growth and beats EPS estimates despite ongoing losses

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PAVmed reports Q2 loss narrower than expected, revenue below estimates, plans FDA submission in 2027

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Target's stock may face a pullback despite strong Q2 earnings forecast and 57% YTD surge.

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