Strategy purchased 334 BTC for approximately $28.7 million, bringing its total holdings to 848,000 BTC, representing just over 4% of Bitcoin’s total supply. The company also repurchased $176.3 million of STRC during the reporting period, funded primarily from its USD Cash balance. Peter Schiff warned that Bitcoin’s price could reverse if technology stocks pull back, arguing that Strategy’s ability to raise capital through new STRC issuance has not been restored despite the security recovering to around $99.40. Bitcoin is trading around $86,000, up more than 4% over seven days and over 8% over thirty days, but down 30% year over year. Strategy’s funding structure distinguishes a $4.88 billion USD Reserve earmarked for preferred dividends and debt interest from an $833.4 million USD Cash balance available for discretionary Bitcoin purchases.
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