Strategy Inc boosted its U.S. dollar reserves by $525 million, reaching a total of $3.75 billion as announced on July 27, 2026. This move extends their ability to cover dividend and interest payments on preferred stock and debt for over two years.
Stable Bitcoin Holdings Amid Reserve Growth
The company’s bitcoin stash remains steady at 843,775 BTC, with no new purchases during the week ending July 26. These coins were originally acquired at an average price of $75,476 each, totaling around $63.69 billion. However, the market value of their bitcoin holding has slipped approximately 14.84% below that cost basis, equating to an unrealized paper loss of about $9.47 billion.
Alongside the reserve’s growth, Strategy repurchased 288,930 shares of its preferred stock for $25 million, while still holding $975 million in repurchase capacity. Meanwhile, they generated $544.5 million through the sale of 5.4 million shares of common stock under their at-the-market program, fueling the cash reserve expansion.
Executive Chairman Michael Saylor highlighted that the increased reserve solidifies dividend coverage for 2.1 years, providing a cushion that reduces the need to sell bitcoin when paying dividends. His recent social media teaser hinted at this strategic enhancement well before the official announcement.
