Strategy CEO confirms company will resume Bitcoin purchases later this year after selling 7,000 BTC for corporate needs; net accumulation of 168,000 BTC since start of year.
Macro & Markets ·
Strategy's CEO Phong Le disclosed that the company intends to resume Bitcoin purchases in the latter part of this year, following recent sales that attracted scrutiny. According to reporting, Strategy has accumulated roughly 175,000 BTC since the start of the year while selling approximately 7,000 BTC—a ratio indicating buying activity roughly 25 times the volume of sales.
Le clarified that the proceeds from recent Bitcoin sales were directed toward preferred stock dividends, share repurchases, and building US dollar reserves. The company expects to return to accumulating Bitcoin as the year progresses, signaling a continuation of its net-positive acquisition stance despite the interim sales activity.
The timing and pace of resumed purchases remain unspecified, as does any potential floor or target for total holdings. The company's future capital allocation between Bitcoin and other uses—such as further share buybacks or dividend payments—has not been detailed.