Strategy Inc. (MSTR) increased its cash reserves by $525 million last week.
The company filed a Form 8-K on Monday, and reported that it sold 5.4 million shares of MSTR last week for $544.5 million. In that period, it also repurchased 288,930 shares of its STRC preferred stock for $25 million.
Michael Saylor, the company’s CEO, confirmed the news, writing on X that the strategy has now achieved 2.1 years of coverage of dividends and interest payments.
As of the application date, the strategy has a total of US$3.75 billion in US dollar reserves.
Saylor announced the update a day ago, Cryptopolitan reported. Sunday, to publish The same tracking scheme with the comment “We’ll need another color”, which is the behavior that was followed in the past by continuing the Monday disclosure regarding the purchase of a coin.
We will need another color. pic.twitter.com/AqZO5UeXDx
-Michael Saylor (@saylor) July 26, 2026
But this time, the follow-up was a spare building; The strategy failed to buy any Bitcoins during the week, meaning it was the fifth week in a row.
The company owns a total of 843,775 Bitcoins, worth $54 billion, and has paper losses of more than $8 billion.
Critic Peter Schiff says the strategy should have been selling Bitcoin
Longtime Bitcoin and strategy mogul Peter Schiff said selling MSTR was a wrong move, arguing that the strategy should have sold BTC instead of “discounted MSTR shares.”
“So, another week when you chose to destroy shared shareholder value by selling discounted MSTR shares (thereby reducing BTC per share) to raise cash and buy back STRC instead of selling BTC,” Schiff said. to publish.
The sell-off of common stock leaves investors with no legitimate reason to own MSTR, he said.
The strategy will announce second-quarter earnings results on Thursday, July 30. The company’s profits are expected to rise by 6.40% to reach $121.88 million.
MSTR is currently trading at $97.46, up 6.44% on the day, following the news.
The consensus target price for MSTR is around $360, implying an upside potential of over 290%.
