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<a href="https://xpertsstudio.com/bitcoin-eyes-80k-as-ethereum-and-xrp-extend-crypto-market-rally/” title=”Bitcoin Eyes $80K as Ethereum and XRP Extend Crypto Market Rally”>BitcoinMichael SaylorMSTR
Aug 24, 2026
2min read
byMathew Di Salvo
forBitcoin Magazine
Nasdaq-listed Strategy (MSTR) increased its USD reserve to $5.1 billion and created an additional $1.59 billion cash pool that may be used for Bitcoin purchases, stock buybacks, dividends or debt repayment after selling about $2 billion of common shares and repurchasing $136.4 million of preferred stock. The company holds 840,447 BTC (~4% of total supply, ~$66.4 billion) with ~0% net leverage, has not bought BTC since June but remains a long-term buyer, and Bitcoin trading near $79,031 (+25% over seven days) makes this treasury and buyback activity bullish for crypto adoption and potential demand.
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Bitcoin treasury Strategy has established a new cash reserve that it will use to buy Bitcoin, according to a Monday filing.
The Nasdaq-listed company said it not only had increased its typical cash buffer to $5.1 billion but also created another pot of $1.59 billion which it may use to buy bitcoin and stock.
Strategy has not bought bitcoin since June, instead focusing on stock buy-backs and creating a cushion — as well as occasionally selling bitcoin.
“USD Cash is a separately designated pool of U.S. dollar liquidity that the Company may retain for future deployment for general Bitcoin Treasury Company purposes, which may include acquiring bitcoin, paying declared cash dividends on Strategy’s preferred stock and interest on its outstanding indebtedness, repurchasing Strategy’s MSTR Stock or preferred stock, repaying, repurchasing or redeeming Strategy’s outstanding convertible notes, increasing the USD Reserve, and other similar Bitcoin Treasury Company purposes,” the filing stated.
Strategy has said that its buyback plan — approved in July — is about balance-sheet strength rather than retreat. President and CEO Phong Le has said that Strategy intends to remain a long-term bitcoin buyer.
Shares of Strategy (Nasdaq: MSTR) were trading higher Monday morning in New York. The company’s stock rallied last week as the price of bitcoin rose.
Strategy said in the filing that it sold about $2 billion in common shares last week, and also repurchased $136.4 million of its Stretch preferred shares.
Corporate software company Strategy — formerly MicroStrategy — started buying bitcoin in 2020 as a way to protect shareholder returns.
It has since spent nearly $64 billion on the cryptocurrency largely using leverage and now holds 840,447 BTC worth $66.4 billion at today’s prices, making it the largest corporate holder of the digital coin.
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Bitcoin’s price recently stood at $79,031, up 25% over a seven-day period.
This post Strategy Again Skips Bitcoin Buy And Establishes USD Cash Dollar Reserve first appeared on Bitcoin Magazine and is
Source: cryptorank.io