Strategy CEO Phong Le said the company plans to resume buying Bitcoin later this year, pushing back on market concerns triggered by a series of BTC sales that broke with the firm's long-standing "never sell" stance under chairman Michael Saylor. "We will get back to buying more Bitcoin throughout the course of the year," Le told Fox Business, describing MSTR as an "amplified Bitcoin play" rather than a company stepping back from its accumulation strategy.
Strategy has sold Bitcoin on four separate occasions since May, a shift that drew scrutiny given the company's reputation as the most committed corporate Bitcoin buyer in the market. Le framed the sales as part of routine capital management rather than a change in long-term strategy, noting the company has still bought roughly 175,000 BTC so far in 2026 against about 7,000 sold — a buy-to-sell ratio of roughly 25 to 1.
Cash Reserves Have Ballooned
Behind the sales is a capital-management push that has significantly built up Strategy's dollar reserves. The company's USD reserve hit a record $4.65 billion in August 2026, growing more than fivefold in just ten weeks. Le's comments suggest that buffer, rather than pointing toward a diminished appetite for Bitcoin, is meant to give the company more flexibility to keep buying through market swings without being forced to sell at inopportune moments.
Still the Largest Corporate Holder
Strategy's disclosed holdings remain above 840,000 BTC, making it by far the largest publicly disclosed corporate holder of Bitcoin. The reassurance from Le lands at an awkward moment for the company, which is simultaneously fighting a revived MSCI proposal that could remove it from major global stock indexes over its heavy Bitcoin exposure — a dispute that makes Strategy's own messaging about its Bitcoin commitment more consequential than usual to investors watching both fronts.
Related: Bank Leumi, Israel's Largest Bank, Returns to Bitcoin Trading
