Should Bitcoin Companies Build USD Reserves? Understanding The Truth
Strategy’s U.S. dollar reserve has reached $4.65 billion, up from $3.75 billion two weeks earlier. It has also sold almost 7,000 BTC since late June 2026. Many are wondering why a company built around accumulating Bitcoin would choose to hold billions of dollars in fiat. More importantly, should other Bitcoin businesses do the same? Strategy […]
Quick Maths On STRC Buybacks: The Truth About Net Bitcoin Per Share and Accretion
Strategy initiated open-market repurchases of STRC last week (July 20 through July 26, 2026), buying 288,930 shares for ~$25 million at an average price of $86.52. Notably, the company bought no Bitcoin and continued to grow its cash reserve. So what is going on here? Why is the largest Bitcoin treasury company buying back its […]