Strategy (MSTR) CEO Phong Le dismissed investor concerns about the Nasdaq-listed company selling its Bitcoin holdings. Strategy sold 1,638 BTC for roughly $104.7 million and repurchased 912,143 preferred shares of STRC for $81.2 million. The stock has lost nearly 40% year-to-date and nearly 80% from its record high of ~$474 in November 2024. The company holds 842,138 BTC worth $53.8 billion, making it the largest corporate holder of the cryptocurrency, and reported an $8.22 billion loss in Q2 2026.
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