Strategy CEO Confirms Plan to Resume Bitcoin Buying in 2026

Strategy CEO Phong Le has confirmed the company plans to resume accumulating Bitcoin later this year, following a series of sales that had raised questions about its long-term strategy. The announcement, made in a recent interview, comes as the firm works to stabilize its preferred stock and bolster its cash reserves.

Le stated that Strategy has purchased approximately 175,000 Bitcoin since the beginning of 2026 while selling roughly 7,000 BTC, making it a net buyer by a ratio of about 25 to one. The company's Bitcoin reserve now stands at 840,447 BTC, acquired at an average price of $75,385 per coin. "We'll get back to buying more Bitcoin throughout the course of the year," Le said.

The recent sales have been tied to the company's efforts to support its STRC preferred stock, which trades under that ticker and carries a $100 stated value. The security fell below $75 in late June and was trading near $87 when Le discussed the buying timeline in July. He said at the time that Strategy would issue more STRC and buy more Bitcoin once the security returned to par. The company has kept STRC's annualized dividend rate at 12% for August despite the stock ending July below 90.