Strategy (formerly MicroStrategy) announced that its dollar reserves of $6.69 billion now nearly cover its entire $6.75 billion debt, bringing its net leverage to roughly 0.1%. MSTR stock climbed 12% on Thursday, reducing its year-to-date loss to less than 9% in 2026. The company sold 1,638 BTC in July at roughly $64,000 per coin, but raised $3.28 billion this month without purchasing any bitcoin. Its treasury of 840,447 BTC, worth approximately $67.9 billion at the current price above $80,000, now sits nearly free of debt constraints.
Source: Read the original article
