- Strategy has increased its cash reserves by $525 million.
- The firm sold MSTR to raise its cash reserve. Peter Schiff says it should have sold BTC instead.
- Strategy is expected to report its Q2 earnings this Thursday.
Strategy Inc. (MSTR) raised its cash reserve by $525 million over the past week.
The company filed Form 8-K on Monday, reporting it sold 5.4 million MSTR shares 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 executive chairman, confirmed the news, writing on X that Strategy has now achieved 2.1 years of coverage for dividend and interest payments.
As of the filing, Strategy has a total of $3.75 billion in its USD Reserve.
Saylor announced the update a day early, as Cryptopolitan reported. On Sunday, he posted the same tracker chart with the comment “We’re gonna need another color”, a behavior that had in the past consistently been followed by a disclosure on Monday regarding a coin purchase.
We’re gonna need another color. pic.twitter.com/AqZO5UeXDx
— Michael Saylor (@saylor) July 26, 2026
But this time, the follow-up was a reserve building; Strategy failed to buy any Bitcoins during the week, which meant it was the fifth week in a row.
The company holds a total of 843,775 BTC, worth $54 billion, sitting on paper losses of more than $8 billion.
Critic Peter Schiff argues Strategy should have sold BTC
Long-time Bitcoin and Strategy Peter Schiff said that selling MSTR was a wrong move, arguing that Strategy should have sold BTC instead of the “discounted MSTR shares.”
“So, another week when you chose to destroy common shareholder value by selling discounted MSTR shares (thereby reducing Bitcoin per share) to raise cash and buy back STRC rather than sell Bitcoin,” Schiff posted.
He argued that the common stock sell-offs leave investors with no legitimate reason to own MSTR.
Strategy will report its Q2 earnings results on Thursday, July 30th. The company’s earnings are expected to increase by 6.40%, reaching $121.88 million.
MSTR currently trades at $97.46, up 6.44% in the day, following the news.
The consensus price target for MSTR is around the $360 price mark, which implies an upside potential of over 290%.
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FAQs
How much Bitcoin does Strategy hold now?
Strategy holds 843,775 BTC, bought for an aggregate $63.69 billion at an average price of $75,476 per coin, and made no purchases or sales in the week ending July 26.
Where did the $525 million in the reserve come from?
The company sold 5,429,160 MSTR common shares through its at-the-market program for $544.5 million in net proceeds and directed the cash into its dollar reserve rather than buying Bitcoin.
When does Strategy report next?
Strategy reports its second-quarter results after the US market close on Thursday, July 30, 2026, which investors are watching for signs of whether Bitcoin buying resumes.
Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.
Ibiam Wayas
Ibiam Wayas has covered the crypto news beat since 2019. He studied Computer Science at National Open University of Nigeria. His work has appeared on various crypto news platforms, including Coinfomania, Crypto News Australia, and AltcoinBuzz. Drawing on his background in Computer Science, he now focuses on crypto, robotics, and longevity news.
