Bitcoin treasury Technique has gone one other week with out shopping for the main cryptocurrency — however didn’t promote any this time.
The Nasdaq-listed firm mentioned Monday in a regulatory submitting that it had upped its money buffer by promoting 3,458,866 shares of MSTR widespread inventory to generate $333.7 million.
Technique used $52.4 million to pay dividends on its STRC most popular inventory, then spent $132.2 million to purchase the inventory again. It additionally added $149.1 million to its greenback reserve.
Technique — previously MicroStrategy — has lately pivoted to widespread inventory gross sales to construct up its money reserves, reasonably than shopping for Bitcoin.
It has halted its Bitcoin gross sales and even offered a bit of its holdings over the previous two months after aggressively shopping for in 2025.
Technique inventory (Nasdaq: MSTR) has taken a success in 2026, dropping over 60% year-to-date. At somewhat over $95 a pop, it’s presently buying and selling practically 80% under its 2024 document.
The corporate began shopping for Bitcoin in 2020 as a strategy to defend shareholder returns. It has since change into the biggest company holder of Bitcoin, with 840,447 cash value $53.4 billion, acquired at a median worth of $63,357, based on its web site.
Regardless of specializing in its money buffer, Technique has reassured buyers that its long-term posture towards Bitcoin continues to be the identical. CEO Phong Le mentioned earlier this month that he isn’t anxious concerning the present bear market, and that the corporate plans to stay a long-term purchaser of Bitcoin regardless of its current gross sales.
“We’re the J.P. Morgan of the crypto financial system, so whether or not we promote 1,000 Bitcoin out of 840,000 to me is irrelevant to the dialog,” Le mentioned.
Technique’s strategy has spawned a wave of copycat firms which have since adopted comparable crypto-treasury methods of their very own.