Strategy's Bitcoin Drought Hits 7 Weeks as Saylor Skips His Sunday Ritual

Strategy Inc. (NASDAQ:MSTR) raised $333.7 million last week through stock sales but bought zero Bitcoin (CRYPTO: BTC) for the seventh straight week.

What Monday’s Filing Actually Shows

According to a Monday 8-K filing, Strategy sold 3.46 million MSTR shares last week, using the proceeds to repurchase $132.2 million of STRC preferred shares, fund $52.4 million in STRC dividends, and add roughly $150 million to its USD reserve. 

The reserve now stands at $4.80 billion, extending dividend coverage to 2.8 years. 

Meanwhile, Bitcoin holdings remain unchanged at 840,447 BTC, acquired at an average cost of $75,385 per coin.

Why Seven Weeks Without a Buy Matters

Strategy has not added a single Bitcoin since early July. Across those seven weeks, the company sold Bitcoin twice and spent the rest of the time raising cash through share sales to fund preferred dividends and buybacks rather than accumulating more coins. 

That is a meaningful shift from the weekly Bitcoin buying that defined Strategy’s playbook for years.

The numbers make the change visible. Strategy’s USD reserve stood at $2.55 billion in early July and now sits at $4.80 billion, nearly doubling in seven weeks, while its Bitcoin position has not moved an inch.