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Strategy pauses Bitcoin buys for 5 weeks, sells $544.5M stock to boost cash reserves.

Market News
28 Jul 2026
Unchained
View Source
Bearish
pluang ai news

Strategy, the largest corporate Bitcoin holder, has paused Bitcoin purchases for five consecutive weeks. Instead of buying more Bitcoin, it sold $544.5 million worth of its stock last week, increasing its cash reserve to $3.75 billion. The company's Bitcoin holdings remain steady at 843,775 BTC, purchased at an average price of $75,476. This move reflects a shift toward strengthening its balance sheet amid Bitcoin trading below its average purchase price, as funding challenges have impacted its preferred stock value. Strategy will report its Q2 earnings soon, signaling cautious financial management over further Bitcoin accumulation.

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