Michael Saylors Strategy has paused its Bitcoin sales after reducing its BTC holdings for two consecutive weeks. The Bitcoin treasury company instead continued repurchasing STRC shares last week, funding the buybacks through sales of its MSTR common stock while also boosting its cash reserves.
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Strategy pulled in 3.7 million last week from selling common stock — and didn't buy a single satoshi of Bitcoin with it.
Capital Raise: Strategy generated $333.7 million from MSTR sales and allocated funds to dividends, buybacks, and reserves. Preferred Stock: Strategy repurchased 1.39 million STRC shares while leaving other authorizations untouched. Bitcoin Position: Strategy made no BTC moves, keeping holdings at 840,447 BTC and pausing its recent disposal streak. Strategy raised $333.
With bitcoin still holding above $60,000 and 19 full weeks left in 2026, critics have already buried it 21 times this year. The Bitcoin Obituary List Bitcoin obituaries, better known as Bitcoin death lists, archive public statements, headlines, articles, tweets, and predictions declaring bitcoin dead, dying, finished, worthless, or inevitably headed to zero.
Strategy (NASDAQ: MSTR) did not have fresh Bitcoin sales to report this week, with the main changes to the Saylor-led firm's books coming from common stock sales that earned it $333.7 million, which it directed into paying dividends, buying back its own STRC preferred share and building its USD reserve to $4.8 billion.
The company raised $333.7 million selling MSTR shares last week and spent all of it on preferred dividends, preferred buybacks and its dollar reserve, leaving its 840,447 bitcoin untouched.
Swan Bitcoin CEO Cory Klippsten predicts an October Bitcoin bottom, a rebound to $130K by 2028, and a bleak future for most altcoins.
Strategy raised $333.7 million selling MSTR shares last week while leaving its bitcoin position untouched.