The company also repurchased 288,930 shares of its STRC preferred stock for $25 million, according to a Form 8-K filed with the US Securities and Exchange Commission on Monday.<\/p>\n
The update comes after Strategy executive chairman Michael Saylor sparked<\/a> speculation on Sunday with his \u201cWe\u2019re gonna need another color\u201d post on X, which some market observers interpreted as a hint at a new move involving the company\u2019s preferred stock strategy.<\/p>\n Source: <\/em>Michael Saylor<\/em><\/a> on X.com<\/em><\/p>\n Following additional capital raised through its ATM stock offering program, Strategy increased its US dollar reserve to $3.75 billion as of July 26, up from $3.225 billion the previous week<\/a>.<\/p>\n However, Strategy reported no Bitcoin purchases or sales during the July 20-26 period, leaving its holdings unchanged at 843,775 BTC, acquired at an average purchase price of $75,476 per Bitcoin, or $63.69 billion in aggregate. The biggest crypto was last trading hands at roughly $64,971 at time of publication.<\/p>\n Related: <\/strong><\/em>Strive\u2019s SATA recovers most of June decline, trades within 3% of par<\/strong><\/em><\/a><\/p>\n Strategy\u2019s growing cash reserve highlights management\u2019s efforts to maintain liquidity as it expands its capital markets activity through common stock offerings and preferred stock instruments. The reserve is intended to support dividend payments on preferred stock and interest payments on the company\u2019s outstanding debt.<\/p>\n The update came shortly after Saylor reignited a debate over whether banks have a place in Bitcoin\u2019s future after arguing that the crypto asset\u2019s growth depends on integration with traditional financial institutions.<\/p>\n Saylor wrote<\/a> on X on Sunday that rejecting Bitcoin\u2019s links to financial infrastructure would deny access to most potential users. His comments drew criticism from some BTC supporters, who contend that greater involvement from banks conflicts with the network\u2019s original goal of enabling transactions without intermediaries.<\/p>\n Several users pushed back against Saylor\u2019s argument by citing Bitcoin\u2019s white paper, which introduced<\/a> the asset as a peer-to-peer electronic cash system designed to remove the need for financial institutions. The exchange highlighted a growing divide between advocates who view banks as necessary gateways for mainstream adoption and those who see them as a threat to Bitcoin\u2019s decentralized foundation.<\/p>\n Magazine: <\/strong><\/em>Strategy became a symbol of the dot-com crash: Could history repeat?<\/strong><\/em><\/a><\/p>\n![\"\"](\"https:\/\/s3-images.ctmedia.io\/media\/content\/screenshot-2026-07-27-32528-pm.png\")
<\/p>\nStock sales boost dollar reserve $3.75B<\/h2>\n
Saylor sparks debate over BTC future role for banks<\/h2>\n