Strategy's shares dropped 36% year-to-date, underperforming the iShares Bitcoin Trust ETF, as the company paused bitcoin purchases and sold some holdings to fund preferred dividends and build a $4.8 billion dollar reserve. The company holds 840,447 BTC at an average cost above current prices, creating a nearly $10 billion unrealized loss. Strategy's shift from accumulation to capital management, including share buybacks and dividend funding through stock sales, signals a cautious approach amid bitcoin price volatility. Investors will watch for resumed bitcoin buying, use of remaining sales capacity, and changes in the stock buyback program as key indicators moving forward.
Strategy paused Bitcoin purchases and instead spent $176.3 million buying back its own preferred stock, STRC, aiming to reduce future dividend payments and improve its capital structure. The company used existing cash for this buyback, leaving its Bi...
Strategy, led by Michael Saylor, purchased 4,603 Bitcoin at an average price of $80,318 each in late August 2026, increasing its total Bitcoin holdings to 845,050 BTC. This marks the company's first Bitcoin purchase in 10 weeks after selling nearly 7...
Strategy (formerly MicroStrategy) stock has dropped over 56% in the past year due to Bitcoin's price decline and large unrealized losses on its 846,000 BTC holdings. Despite this, Benchmark's analyst Mark Palmer sets a bullish $435 price target, impl...
