Strategy hasn’t bought Bitcoin in five weeks
Strategy, the world’s largest Bitcoin treasury company, has paused its regular Bitcoin buys. Its last reported purchase was 520 BTC for $35 million.
The company’s approach has shifted following a Bitcoin sale in late May 2026, with two more sales in late June and early July.
This change in strategy is due to the company trading at a discount to its net asset value, making it unfeasible to issue more stock to fund Bitcoin purchases.
Strategy needs to manage its financial obligations, with the company’s stock trading at 0.60 times its NAV.