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Strategy ties next Bitcoin buy to STRC stock hitting $100 par value amid recent BTC sales and cash buildup.

Market News
16 Jul 2026
Crypto news
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Neutral
pluang ai news

Strategy CEO Phong Le announced the company will resume buying Bitcoin once its preferred stock STRC recovers to the $100 par value, currently trading near $87. Strategy recently sold 3,588 BTC to build a $3 billion cash reserve, responding to shareholder demands for more liquidity. The STRC stock price below par limits Strategy's ability to raise funds efficiently for Bitcoin purchases. Meanwhile, MSTR stock faces resistance near $100–$105 with support around $90, indicating cautious investor sentiment as Strategy balances Bitcoin holdings and cash reserves.

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