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Strategy halts Bitcoin sales, raises $2B via MSTR shares, holding 840K BTC profitably above $75K average cost.

Market News
28 Aug 2026
Crypto news
View Source
Neutral
pluang ai news

Strategy paused Bitcoin sales for two weeks after selling 6,948 BTC between May and August, shifting to raising $2.01 billion by issuing MSTR shares instead. The company’s Bitcoin holdings of 840,447 BTC remain profitable with Bitcoin trading above their $75,385 average cost. This pause removed a bearish sentiment barrier caused by weekly sales, which had worried traders despite the sales being small relative to daily volume. Strategy is currently neutral on Bitcoin, focusing on preferred stock repurchases, dividends, and building cash reserves, with plans to resume Bitcoin accumulation in 2026 once preferred stock prices improve.

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