Strategy Bitcoin Buys Resume as Saylor Says ‘Never Be a Net Seller’
Strategy Bitcoin buys resumed after a pause, with the firm purchasing 535 BTC for about $43 million at an average price of roughly $80,340. The move brings total Strategy holdings to 818,869 BTC, valued at about $61.9 billion.
The latest Strategy Bitcoin buys follow Michael Saylor’s message that the company should “never be a net seller” of Bitcoin, even if it sells BTC to fund dividends. Strategy said it can pause MSTR common stock sales and instead use Bitcoin sales to meet STRC quarterly dividend obligations.
Strategy also disclosed a “break-even issuance rate” of 2.3%, implying it can sell some Bitcoin for dividends while still remaining a net buyer. It reported BTC Yield of 9.4% YTD 2026.
For traders, the resumed Strategy Bitcoin buys provide near-term demand support. The “sell BTC for dividends” narrative remains a sentiment risk, but market participants expect limited immediate price impact unless BTC sales are unusually large.
Bullish
Strategy Bitcoin buys are likely to support BTC in the near term because the firm is actively adding to its position again after a pause. The dividend-related selling risk is tempered by Strategy’s stated “break-even issuance rate” (2.3%), which is designed to allow some BTC sales while still keeping net accumulation.
In the short run, traders may watch for headlines about the size and timing of any BTC-for-dividends sales, since that could affect sentiment around “BTC supply” from corporate treasuries. However, both summaries imply that unless sales become very large, broader drivers—such as ETF flows, macro liquidity, and derivatives positioning—will dominate BTC price action.
Longer term, the narrative shift from “possible BTC selling” toward maintaining net buying reinforces the market’s view of Strategy as a persistent buyer, which can help sustain institutional conviction even amid governance and payout debates.