Bitcoin price has fallen to around $61,500—down more than 50% from its October 2025 peak—dragging crypto-related stocks even lower in the broader market sell-off.
Strategy purchased 520 bitcoin for $35 million last week, increasing its holdings to 847,363 BTC while raising its USD Reserve by $335 million to $1.4 billion.
Strategy CEO Phong Le said the company's first Bitcoin sale since 2022 was a deliberate test meant to prove its operational flexibility and reassure investors that its processes work.
Strategy resumed its bitcoin accumulation strategy with a $101 million purchase of 1,550 BTC, rebuilding confidence after its first bitcoin sale in years and bringing its holdings to 845,256 BTC.
Strategy retired $1.5 billion in convertible debt at an 8% discount, bringing its holdings to 843,738 BTC as it actively rebalances its capital structure.