Strategy CEO Confirms Bitcoin Buying Will Resume Before Year-End

• According to Strategy CEO Phong Le, the firm intends to continue buying Bitcoins prior to the end of 2026.
• Strategy has acquired 175,000 BTC while selling 7,000 BTC in the current year, making it a net buyer by 25x.

According to Phong Le, the company’s CEO of Strategy, the company is set to purchase more Bitcoin before the end of 2026. In an interview at FOX Business, Phong disclosed that the company had bought approximately 175,000 BTC since January but had sold 7,000 BTC during the same period, making Strategy a net buyer of Bitcoin by about 25 times. 

In addition, Phong mentioned that Strategy had moved from being the second-largest institutional holder of Bitcoin to becoming the largest holder. Strategy holds over 840,000 BTC, making it one of the largest corporations by cryptocurrency holdings. Phong indicated that Strategy would continue purchasing Bitcoin throughout the year. These remarks were made following a series of Bitcoin sales that called into question the firm’s crypto treasury strategy.

                                                 Source: Fox Business

Sales of Bitcoins Helped Satisfy Corporate Financial Liabilities

Strategy sold four transactions of Bitcoins in total since May. Its latest transaction consisted of about 1,690 BTC. Strategy utilized funds received from these transactions to finance dividend payments for preferred stockholders, purchase back shares, and establish a dollar reserve. In doing so, Strategy departed from its previous approach, which implied that it refrained from selling its bitcoins. 

This change was due to the financial liabilities that Strategy had in terms of its huge Bitcoin treasury. Strategy should take into account the needs of common stock and preferred stock holders while increasing the size of its Bitcoin treasury. Sales of bitcoins enabled the firm to gain extra liquidity while keeping the rest of its treasury intact. During the year 2026, the company’s purchases surpassed its sales.

Corporate Bitcoin Treasuries Face Financing Challenges

The Bitcoin strategy by Strategy takes into account problems that corporate crypto treasuries face in light of changes in the environment of finance. Public companies own more than 1.26 million BTC in total, and funds and ETFs own more than 1.6 million BTC, based on cited data from Bitcoin Treasuries. Previously, companies used premiums on top of Bitcoin positions to acquire additional financing through either stocks or debt. Poor premium levels make fundraising difficult and cause dilution for shareholders who buy the stock at a price lower than net asset value.

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