MSTR

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.

TD Cowen has raised its price target on Strategy (MSTR) to $400, pointing to its strong bitcoin accumulation and shift in financing strategy.

Strategy said Monday it acquired an additional 24,869 bitcoin for approximately $2.01 billion.

Strategy said Friday it plans to repurchase $1.5 billion in 2029 convertible notes as investor demand for its STRC preferred stock continues to surge.

Strategy added 535 more BTC for $43 million days after Michael Saylor said the company may consider selling part of its bitcoin holdings for the first time.

Strategy just opened the door to tactical Bitcoin sales in a major treasury pivot. Executives signaled they will consider selling BTC to optimize capital allocation, fund dividends, and boost Bitcoin per share, while remaining a net accumulator long-term.

Strategy paused its weekly bitcoin buys ahead of earnings as investors zero in on losses and the durability of its capital-raising machine.

Strategy said it bought 3,273 BTC for $255 million last week, bringing total holdings to 818,334 BTC worth about $63.7 billion.

Strategy posted over 25% in gains during the last five trading days, driven by a record-breaking Bitcoin acquisition and a surge in Bitcoin’s price near $79,000.