Strategy CEO Phong Le: Company to Resume Bitcoin Purchases Later This Year

TLDR

• Strategy CEO Phong Le said the company plans to resume Bitcoin purchases later in 2026.
• Strategy holds 840,447 BTC acquired for $63.36 billion at an average price of $75,385.
• MSTR sold 1,690 BTC for $108.6 million between August 3 and August 9 to fund STRC buybacks.
• Strategy has bought about 175,000 BTC and sold roughly 7,000 BTC since the start of 2026.
• Strategy increased its US dollar reserve to $4.65 billion, providing about 2.7 years of dividend coverage.

Strategy CEO Phong Le said the company plans to resume Bitcoin purchases later this year after recently selling part of its holdings to support its preferred stock strategy and cash reserves.

Le said Strategy has bought about 175,000 BTC since the start of 2026 while selling roughly 7,000 BTC. He said the company’s Bitcoin purchases were about 25 times larger than its sales during the period.

Strategy Plans to Resume Bitcoin Purchases

Strategy recently sold 1,690 BTC for about $108.6 million between August 3 and August 9. The company sold the coins at an average price of $64,262, with the proceeds directed toward repurchasing STRC preferred shares.

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