Overview
- The company, which holds about 843,775 BTC, has formalized a monetization program and sold 3,588 BTC for roughly $216 million in its biggest single disposal to date.
- Its perpetual preferred security STRC fell from a $100 par value to an intraday low of $71.25 on June 26, a drop that forced the firm to build dollar reserves and rethink its never‑sell policy.
- Strategy says it will raise up to $1.25 billion for a dividend reserve and currently holds about $2.55 billion in USD, enough to cover roughly 17 months of dividend payments.
- Standard Chartered’s Geoffrey Kendrick maintains a $100,000 end‑2026 target and called $64,000 a “screaming buy,” while other analysts at JPMorgan warn the sales program creates predictable two‑way selling risk and Grayscale’s Zach Pandl says the sales shore up the balance sheet.
- The market has shown sharp sensitivity to these moves, falling from about $80,000 to $60,000 after earlier disclosures and later recovering above $64,000, so investors should watch for further scheduled disposals and STRC price moves that could amplify price swings.