Strategy holds US$3.75B cash buffer
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- Strategy CEO Phong Le said the company expects to outperform Bitcoin (CRYPTO:BTC) after the current bear market.
- Strategy holds about US$3.75 billion in cash after reporting an US$8.22 billion second-quarter loss.
- Le said Strategy remains committed to Bitcoin despite selling 3,620 BTC during 2026.
Strategy CEO Phong Le expects the company to outperform Bitcoin (CRYPTO:BTC) after the current bear market ends.
Strategy recently sold 1,638 BTC for US$104.7 million and repurchased US$81.2 million of STRC preferred shares.
“We’ll get through this bear market,” said Strategy CEO Phong Le.
Strategy has sold 3,620 BTC during 2026, while its cash reserves have reached about US$3.75 billion.
Strategy shares are down nearly 40% this year and about 80% below their November 2024 peak.
The company still holds more than 843,000 BTC, worth roughly US$58 billion at prices cited by CoinPedia.
Strategy reported an US$8.22 billion second-quarter loss, while revenue of US$122.39 million narrowly missed analyst estimates.
At the time of reporting, Bitcoin price was $64,259.43.
