Strategy selling Bitcoin near 60,000 dollars and rebuying above 80,000 was the right trade

Strategy sold 6,948 BTC this summer to fund preferred dividends, then bought 4,603 BTC at an average of 80,318 dollars on 31 August 2026; CEO Phong Le says the company trades on its cost of capital, not on Bitcoin's price.

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Strategy said Reza Virasteh will become co-principal financial officer, primarily managing software finances and budget

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MSTR CEO Phong Le will take over as principal financial officer, overseeing finance, bitcoin strategy, capital markets, treasury, and investor relations

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Non-Treasury assets including gold, Bitcoin, secured loans, and other investments accounted for $47.7 billion, or 25%, of Tether's total reserve stack as of September 30, 2026

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Counting price movements in gold and Bitcoin, Tether's excess reserve buffer grew by $1.66 billion over the first nine months of 2026

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Tether's reserve assets held $8.37 billion in Bitcoin as of September 30, 2026, making its Bitcoin holdings larger than its $7.95 billion excess reserve buffer

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Gold and Bitcoin holdings in Tether's reserves totalled $27.45 billion as of September 30, 2026, meaning a combined 29% price decline would exhaust Tether's $7.95 billion reserve cushion

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S&P Global Ratings downgraded USDT's stability score to 'weak' in November 2025, citing Bitcoin exposure exceeding the reserve buffer and undisclosed custodians and counterparties

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Strategy funded its bitcoin purchases and STRC preferred share buybacks in 2026 through heavy shareholder equity dilution

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Strategy held 848,517 bitcoin as of October 25, 2026, representing a 26% increase in its holdings since the start of the year

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Elliptic reported that attackers divided 18,270 stolen Bitcoin from the Binance hack on October 29, 2026 across 19 addresses, holding approximately 1,000 BTC in most addresses

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As of October 30, 2026, none of the 18,270 stolen Bitcoin divided across 19 addresses in the Binance hack on October 29, 2026 had reached an identified exchange or trading service, according to Elliptic

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Coinbase expanded its crypto holdings during third-quarter 2026 to 17,954 Bitcoin and 152,649 Ethereum, driving its total crypto portfolio value to $2.22 billion

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Christine Lagarde publicly opposed including Bitcoin in central bank reserves during a January 2025 press conference, citing the need for reserve assets to be liquid and secure

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TRM Labs noted that the attacker behind the $6.3 billion Binance hack retained over $2.4 billion in Bitcoin and Ether that cannot be frozen by token issuers

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Bitcoin dropped more than 4% to approximately $78,000 following news of the $6.3 billion Binance breach on October 29, 2026

Cc9f267dcClaimNews event

Strategy bought no bitcoin and repurchased $205 million of its STRC preferred shares in the week to Oct. 25, ending a five-week buying streak

Cc9f267dcClaimNews event

Strategy disclosed in an SEC filing that it bought 267 bitcoin for about $22.1 million

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Strategy disclosed in an SEC filing that it bought 334 bitcoin for $28.7 million, raising its holdings to 848,000 bitcoin

Cc9f267dcClaimNews event

Strategy doubled its STRC preferred-stock repurchase program to $2 billion while buying no bitcoin, according to an SEC filing

Cc9f267dcNews eventClaim

Strategy said Reza Virasteh will become co-principal financial officer, primarily managing software finances and budget

MSTR CEO Phong Le will take over as principal financial officer, overseeing finance, bitcoin strategy, capital markets, treasury, and investor relations

Non-Treasury assets including gold, Bitcoin, secured loans, and other investments accounted for $47.7 billion, or 25%, of Tether's total reserve stack as of September 30, 2026

Counting price movements in gold and Bitcoin, Tether's excess reserve buffer grew by $1.66 billion over the first nine months of 2026

Tether's reserve assets held $8.37 billion in Bitcoin as of September 30, 2026, making its Bitcoin holdings larger than its $7.95 billion excess reserve buffer

Gold and Bitcoin holdings in Tether's reserves totalled $27.45 billion as of September 30, 2026, meaning a combined 29% price decline would exhaust Tether's $7.95 billion reserve cushion

S&P Global Ratings downgraded USDT's stability score to 'weak' in November 2025, citing Bitcoin exposure exceeding the reserve buffer and undisclosed custodians and counterparties

Strategy funded its bitcoin purchases and STRC preferred share buybacks in 2026 through heavy shareholder equity dilution

Strategy held 848,517 bitcoin as of October 25, 2026, representing a 26% increase in its holdings since the start of the year

Elliptic reported that attackers divided 18,270 stolen Bitcoin from the Binance hack on October 29, 2026 across 19 addresses, holding approximately 1,000 BTC in most addresses

As of October 30, 2026, none of the 18,270 stolen Bitcoin divided across 19 addresses in the Binance hack on October 29, 2026 had reached an identified exchange or trading service, according to Elliptic

Coinbase expanded its crypto holdings during third-quarter 2026 to 17,954 Bitcoin and 152,649 Ethereum, driving its total crypto portfolio value to $2.22 billion

Christine Lagarde publicly opposed including Bitcoin in central bank reserves during a January 2025 press conference, citing the need for reserve assets to be liquid and secure

TRM Labs noted that the attacker behind the $6.3 billion Binance hack retained over $2.4 billion in Bitcoin and Ether that cannot be frozen by token issuers

Bitcoin dropped more than 4% to approximately $78,000 following news of the $6.3 billion Binance breach on October 29, 2026

Strategy bought no bitcoin and repurchased $205 million of its STRC preferred shares in the week to Oct. 25, ending a five-week buying streak

Strategy disclosed in an SEC filing that it bought 267 bitcoin for about $22.1 million

Strategy disclosed in an SEC filing that it bought 334 bitcoin for $28.7 million, raising its holdings to 848,000 bitcoin

Strategy doubled its STRC preferred-stock repurchase program to $2 billion while buying no bitcoin, according to an SEC filing

Strategy common shareholders approved an amendment to allow four preferred stock series to accrue dividends every calendar day