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Morning Edition · Tuesday, August 25, 2026Published at 1:50 AM EDT · New York
Strategy Raised $2 Billion and Put It Into Dollars Instead of Bitcoin
The company sold 18.26 million shares, lifted its dollar reserve to $5.1 billion, repurchased $136.4 million of its own preferred stock and skipped a bitcoin purchase for another week.
Strategy sold 18.26 million of its common shares to raise about $2 billion, increased its dollar reserve to $5.1 billion and repurchased a further $136.4 million of its STRC preferred stock. It did not buy bitcoin. Bitcoin Magazine notes th…
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Leveraged Bitcoin Treasury Vehicles Show Financing Strain
Over ~3-9 months, Bitcoin treasury companies face mounting financing stress as their funding instruments trade below par on dividend-coverage doubts, testing the sustainability of the debt/preferred-funded accumulation model.
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- Ledger Patched a Flaw That Could Have Made Its Ethereum App Sign a Transaction Different From the One Displayed
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- Bitcoin Trades Above $80,000 for the First Time Since May After the Treasury Doubled Its Bond Buybacks
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- US Treasury Names Digital Assets Among Five Iranian Sectors Exposed to New Sanctions
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