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Crypto

Strategy raises $2.01 billion by selling MSTR shares, launches USD Cash for bitcoin treasury

Strategy sold 18.26 million MSTR shares to raise $2.01 billion and created a separate dollar liquidity account, USD Cash, for bitcoin treasury operations. It did not buy or sell bitcoin during the period. The company said USD Cash can be used for bitcoin purchases, preferred dividends and interest, redemptions, and debt repayments. It held 844,407 bitcoin as of Aug. 23, with a book value affected by bitcoin’s price recovery.

Crypto

Michael Saylor says \'Bitcoin Drive engaged\' after Strategy posts $8.22 billion Q2 net loss

Strategy’s chairman Michael Saylor hinted the company could resume buying bitcoin after it posted an $8.22 billion net loss for the second quarter of 2026. Saylor posted “Bitcoin Drive engaged” on social media after the earnings release. The loss was largely driven by accounting valuation losses from a drop in bitcoin’s price. Strategy holds 843,775 bitcoin and has boosted cash while reducing convertible debt.

Crypto

Bitcoin holds up against July headwinds; August hinges on U.S. jobs data and ETFs

Bitcoin rose about 8 percent in July despite rate-hike worries, selling in AI-linked assets and a major security incident. Markets are now watching U.S. employment data and whether inflows into spot bitcoin ETFs resume. Reduced leverage after a late-June selloff has eased downside pressure, while crypto has faced pressure even as other risk assets gained. Analysts see a higher risk of volatility in August as rate expectations and ETF demand remain uncertain.