Strategy Chief Executive Officer Phong Le stated that the company intends to resume purchasing bitcoin before the end of 2026. The comments came in a Monday interview with FOX Business and addressed recent sales that had raised questions about the firm’s long-term approach to the cryptocurrency.

Le reported that Strategy acquired approximately 175,000 bitcoin since the beginning of the year while selling about 7,000 bitcoin over the same period. That activity positions the company as roughly 25 times more of a buyer than a seller in 2026. During this timeframe, Strategy also moved from the world’s second-largest institutional bitcoin holder to the largest.

Purpose of Recent Sales

The firm has sold bitcoin on four occasions since May 2026, including a recent transaction involving 1,690 bitcoin. Proceeds from these sales supported preferred stock dividends, share repurchases, and the building of a U.S. dollar reserve that now exceeds $4.6 billion. Strategy’s total bitcoin holdings stand at more than 840,000 coins.

The sales marked a departure from the company’s previous practice of avoiding disposals of its bitcoin holdings. Le indicated that the temporary pause in purchases allowed the firm to strengthen its balance sheet and address obligations to preferred shareholders.

Focus on Preferred Stock and Market Response

Strategy has directed attention toward restoring investor confidence in its STRC preferred shares and moving the stock closer to its $100 par value. The shares had fallen to lows near $75 before rebounding to close above $95. The shift in priority has drawn attention from market participants who previously viewed bitcoin accumulation per share as the company’s central objective.

Despite the recent sales, the company continues to describe itself as a substantial net buyer of bitcoin for the year. Le’s remarks indicate that accumulation is expected to restart later in 2026 once the current balance-sheet objectives are further advanced.

Context for Corporate Bitcoin Holdings

Public companies as a group hold more than 1.26 million bitcoin, according to available data. The broader corporate treasury model has faced challenges in weaker market conditions, particularly when share prices trade below the net asset value of bitcoin holdings, which can make capital raises more dilutive.

Strategy’s dual focus on maintaining a large bitcoin position while meeting preferred dividend and reserve requirements illustrates the competing demands public companies navigate when holding significant cryptocurrency reserves.