Strategy

The biggest corporate holder of Bitcoin has again cashed out some of its crypto.

The company had held off buying Bitcoin before the sale, instead focusing on strengthening its cash balance.

The Bitcoin treasury company posted massive losses but aims to continue making digital credit a "new asset class."

The New York Stock Exchange-listed company has kept buying Bitcoin

The company has not bought Bitcoin now for five weeks.

Hyperscale Data, Inc. now has over 1,000 Bitcoins worth over $72 million following its latest buy.

Bitcoin's price jumped Tuesday to nearly $67,000 per coin, bringing crypto stocks with it.

Strategy sold $263.5 million in MSTR shares last week without buying bitcoin, raising its U.S. dollar reserve to a record $3.225 billion while maintaining its 843,775 BTC treasury and continuing its recent shift toward cash accumulation.

Strategy (MSTR) raised $467 million through stock sales to boost its cash reserve to $3 billion while leaving its 843,775 BTC holdings unchanged for a second straight week.

Standard Chartered reaffirmed its $100,000 end-2026 Bitcoin price target, calling Bitcoin "a screaming buy" and arguing that Strategy's recent sell-off reflects a communication issue around its new monetization strategy rather than a weakening Bitcoin outlook.