strategy

Bitcoin News posted on platform X that Strategy (MSTR) stated it may sell up to $5 billion in Bitcoin under its current capital plan. This amount is four times higher than what it initially planned to sell under the new capital management plan.CEO Phong Le stated that the potential proceeds from the sale could be used to increase its $1.25 billion reserve, support its annual dividend and interest obligations of approximately $1.76 billion, and fund up to $2 billion in stock buybacks. Michael Saylor mentioned that $5 billion is the upper limit based on the current plan, but the total amount could ultimately be higher.

According to The Block, Strategy Executive Chairman Michael Saylor stated during the company's second-quarter earnings call that while the company has historically allocated "100% of its funds to Bitcoin," it may adopt a strategy of holding both cash and BTC in the future. He mentioned, "Perhaps the best way to buy the most Bitcoin is not to buy the most Bitcoin immediately."TD Cowen and Benchmark both maintained a buy rating on the stock following Strategy's second-quarter earnings call. Both institutions believe that the current management's core objective has shifted to bringing the price of its STRC preferred shares back to par value, thereby restoring its ability as a financing tool.TD Cowen analyst Lance Vitanza stated that the most important message from the call was management's high regard for STRC. Company executives repeatedly emphasized that returning STRC to par value is a core goal and mentioned that despite recent price deviations of the security, institutional adoption is still increasing.Benchmark analyst Mark Palmer shared a similar view. He pointed out that Saylor and his team spent most of the 90-minute call focused on the same goal: restoring STRC to the $99 to $100 range, making it a primary engine for the company to raise funds to purchase Bitcoin.

Strategy tweeted support for the CLARITY Act, believing that establishing a clear and long-term stable market regulatory framework will help promote the development of the digital asset industry and encourage broader institutional adoption in the United States.

Strategy (formerly MicroStrategy) announced its Q2 2026 financial report, showing a net loss of $8.22 billion, a significant turnaround from a net profit of $10.02 billion last year, primarily due to an unrealized loss of $8.32 billion caused by a more than 40% year-on-year drop in Bitcoin prices. Q2 revenue was $122.4 million, a year-on-year increase of 6.9%, with a gross margin of 66.6%. As of July 26, the company held 843,775 Bitcoins, with a quarterly increase of 11%, achieving a BTC yield of 4.5% year-to-date, and a BTC gain of approximately 29,997 Bitcoins, with a book market value of about $54.77 billion and an average holding cost of about $75,476 per Bitcoin.The company stated that it reduced the scale of convertible bonds by 18% to $6.7 billion, and increased its dollar reserves by 12% to $2.4 billion, with total reserves currently around $3.75 billion, sufficient to cover preferred stock dividends and interest expenses for approximately 2.1 years. This year, the company has sold about $218.4 million in Bitcoin for preferred stock dividend payments and has repurchased 288,930 shares of STRC preferred stock (approximately $28.9 million face value) at a discount of about 13.47%. The company has paid dividends for 18 consecutive months without default. CEO Phong Le stated that if STRC falls below $100, they will "continue to buy back in a disciplined manner."

Bitcoin News posted on the X platform that Strategy raised $17.06 billion through its capital plan in 2026, of which $7.53 billion comes from STRC, increasing its holdings to 843,800 BTC. The company established a $3.75 billion USD Reserve, sufficient to cover over 2.1 years of preferred stock dividends and interest payments.Strategy repurchased $1.5 billion of convertible notes at an 8% discount and repurchased STRC below par, while selling $218 million in Bitcoin to help pay preferred stock dividends. Future Bitcoin sales may also be used to replenish reserves and fund stock buybacks. The report also introduced two new metrics. The BTC Hurdle ARR is currently 10.8%, representing Strategy's effective credit cost. CFO Andrew Kang stated that when Bitcoin's annual return exceeds this threshold, the net Bitcoin growth per share will outpace Bitcoin itself.The document outlines the financial system that Strategy is building around its Bitcoin treasury. The USD Reserve, Bitcoin Monetization Program, Digital Credit framework, debt repurchase, and new KPIs all belong to the same structure. The company is creating a model to raise capital, manage liabilities, pay investors, and measure performance from the perspective of Bitcoin per share.

MEXC Chief Strategy Officer Cecilia Hsueh posted on X that July 30 is her last day at MEXC. She stated that this does not mean leaving the crypto industry; the simple narratives have ended, and many no longer believe in crypto, which instead signifies that speculators are exiting, and some larger opportunities are forming. Blockchain is more meaningful than ever in solving real problems. She mentioned that she will return to an entrepreneurial mode next.According to RootData, Cecilia Hsueh previously served as CEO of Phemex and co-founder and CEO of Morph, and will take on the role of Chief Strategy Officer at MEXC in June 2025.

According to Jinshi reports, Microsoft plans to maintain a multimodal strategy, allowing customers to use models from OpenAI or Anthropic in a way that better meets their needs.

The second largest institutional real estate asset management company in Europe, Swiss Life Asset Managers, disclosed that its holdings of MicroStrategy shares increased by 38%, currently holding a total of 37,889 shares, valued at 3.55 million dollars.

According to Bitcoin.com, Michael Saylor, Executive Chairman of Strategy Inc. (NASDAQ: MSTR), stated that since the company established Bitcoin as its primary reserve asset in August 2020, MSTR's annualized return has reached 42%, surpassing Bitcoin itself, the "Magnificent Seven" tech stocks, and the S&P 500 index. As of today, Strategy holds 843,775 BTC, with a total purchase cost of approximately $63.69 billion, an average price of about $75,476 per coin, and currently has an unrealized loss of about 17.9% (approximately $11.4 billion) compared to the cost price.To address the increasingly complex capital structure, Strategy launched three new metrics on July 24: Net BTC Per Share, BTC Hurdle ARR (the minimum annualized return required to cover financing costs), and BTC Floor ARR (the minimum annualized return required to maintain leverage sustainability), to help investors more clearly assess the actual value of their Bitcoin holdings. In addition, the company plans to support preferred stock buybacks by selling a portion of its Bitcoin in the future.

RoboStrategy disclosed on platform X that it led a $200 million Series C financing for the robotics company Standard Bots, with a post-investment valuation of $1 billion. RoboStrategy stated that industrial robotic arms were invented in the United States, but the U.S. has lost its dominance in this industry, and the existing product architecture has been frozen since the 1980s, making it difficult to adapt to AI real-time control and variable scenarios.Standard Bots has redesigned the robotic arm from scratch, optimizing each component for AI, achieving joint-level torque sensing, 2 kHz real-time feedback closed-loop, and ease of teaching for workers to complete in one day, while utilizing a domestic supply chain. Its product line includes Spark, Core, Thor, and Bolt dual-arm robots (in testing phase), with Thor having a payload of 30 kg and a working radius of 2 meters. Compared to FANUC CRX and UR10e, Core achieves a higher payload and tighter repeatability accuracy at a lower price. The company's goal is to capture 10% of new industrial robot deployments in the U.S. within a year, with plans to achieve full-process American manufacturing from metal raw materials to robots by 2027.

Visa announced its third-quarter financial report for fiscal year 2026, with revenue of $11.6 billion, a year-on-year increase of 14%. Payment transaction volume, cross-border transaction volume, and processed transactions all achieved double-digit growth. In the earnings call, Visa outlined its stablecoin strategy, stating that it is actively investing in various levels of the stablecoin stack, including blockchain, issuance, wallets, infrastructure, and applications. The company announced its membership in the OpenStandard alliance, which plans to issue the OpenUSD stablecoin for global capital flow.The Visa stablecoin platform will provide partners with stablecoin settlement, on-chain wallet-as-a-service infrastructure, and exchange services between fiat and stablecoins, initially supporting OpenUSD. The platform will also integrate with Pismo to provide tokenized deposit support for financial institutions and plans to introduce third-party tokenized deposit infrastructure providers in the future. Visa views stablecoins and AI as complementary technologies, believing that "agent commerce will expand the reachable market and drive future growth." Cross-border transaction volume increased by 13% year-on-year, while processed transaction volume grew by 10%.

According to Business Insider, Amazon is making a comprehensive adjustment to its AI strategy, gradually phasing out most of its self-developed flagship Nova models, including the high-end Premier and Omni models, the Reel video generation model, and the Canvas image generation model, with the remaining products only maintaining a "Keep The Lights On" (KTLO) status. Resources are being shifted from the existing Nova series to the new frontier model project led by researcher Pieter Abbeel (who joined through the acquisition of Covariant), with the new flagship model expected to debut at this fall's re:Invent conference.This adjustment is accompanied by organizational restructuring. Amazon laid off employees in the AGI department last week and closed the AGI Lab established in 2024 by absorbing the AI startup Adept team. AGI head Rohit Prasad left in December 2025, and AGI Lab head David Luan stepped down in February of this year. The AGI organization was integrated under Senior Vice President Peter DeSantis in December of last year, merging with chip development and quantum computing. An Amazon spokesperson responded that the company "has long supported AI models in production environments" and emphasized that "AI models remain one of the company's most important work directions," with the model lineup continuously evolving based on customer needs.

According to Bitcoin.com, Strategy Executive Chairman Michael Saylor revealed that the company will consider market conditions in the future to repurchase STRC preferred shares (Series A perpetual preferred shares, with a par value of $100) by selling Bitcoin or MSTR stock.When the trading price of STRC is significantly below $100, the discounted repurchase can reduce future dividend expenses and has strong capital allocation appeal.

According to BeInCrypto, El Salvador's two major opposition parties, ARENA and FMLN, have nominated Maytee Iraheta and Rafael Aguirre, respectively, as candidates for the presidential election in February 2027, challenging the re-election campaign of current President Nayib Bukele. Both candidates have not supported Bukele's Bitcoin strategy and have publicly criticized it as a financial failure.Bukele's New Ideas party has nominated him to run, with his approval rating reaching as high as 94% in recent polls, but this support mainly comes from improvements in public safety rather than Bitcoin policy—polls show that only 2.2% of Salvadorans believe Bitcoin is their biggest failure. Bitcoin is no longer mandatory legal tender in the country following the IMF loan agreement in February 2025, with the dollar resuming its status as the only official currency for daily transactions. However, the El Salvador Bitcoin Office continues to buy Bitcoin, acquiring about 1 BTC daily, and as of July 27, its holdings have risen to approximately 7,730 BTC. The IMF has repeatedly warned that the Bitcoin strategy poses financial and governance risks and has not significantly improved financial inclusivity for unbanked residents. The next president will decide whether this accumulation continues.

According to SoSoValue data, as of 8 AM Eastern Time on July 27, 2026, the total net sell-off of Bitcoin by global listed companies (excluding mining companies) in the past week was $15.92 million, a decrease of 1,296.99% compared to last week.According to official documents, Strategy did not purchase Bitcoin last week, selling approximately 5.43 million shares of MSTR between July 20 and July 26, resulting in a net gain of $544.5 million, and spent $25 million to repurchase 288,930 shares of STRC preferred stock.The Japanese listed company Metaplanet did not purchase Bitcoin last week.In addition, three other companies bought or sold Bitcoin last week. Aerospace-grade defense battery thermal management and safety solutions provider KULR announced on July 24 that it generated approximately $21.5 million in revenue from July 9, 2026, to July 23, 2026, selling 333 Bitcoins at a price of $64,538, reducing its total holdings to approximately 760 Bitcoins; asset management company Strive announced on July 27 that it spent $5.19 million to purchase 79 Bitcoins at a price of $65,723, bringing its total holdings to approximately 20,000 Bitcoins; Brazilian Bitcoin company OrangeBTC announced on July 27 that it spent $394,500 to purchase 6 Bitcoins at a price of $65,742, increasing its total holdings to 3,918 Bitcoins.Metaplanet subsidiary Bitcoin Japan announced a convertible bond financing agreement with EVO Fund, intending to raise 9.66 billion yen (approximately $59.5 million) to establish a cryptocurrency asset treasury.As of the time of publication, the total amount of Bitcoin held by global listed companies (excluding mining companies) in the statistics is 1,139,480 Bitcoins, a decrease of 0.02% compared to last week, with a current market value of approximately $7.416 billion, accounting for 5.7% of Bitcoin's circulating market value.

According to the 8-K document submitted by Strategy to the SEC, the company did not purchase Bitcoin from July 20 to 26, 2026, maintaining a holding of 843,775 coins, with a total holding cost of approximately $6.369 billion and an average price of about $75,476.During the same period, the company sold 5.4292 million shares of MSTR common stock through the ATM program, raising approximately $544.5 million; additionally, it repurchased 288,930 shares of STRC preferred stock for $25 million, with a remaining balance of approximately $975 million in the preferred stock repurchase program.As of July 26, the company's cash reserve balance was $3.75 billion, an increase of approximately $525 million from the previous week, sufficient to cover about 2.1 years of preferred stock dividend expenses.

Michael Saylor, the founder and executive chairman of Bitcoin Treasury Company Strategy, has once again released information related to Bitcoin Tracker.According to previous patterns, Strategy usually discloses changes in Bitcoin holdings the day after relevant news is released.

According to Bitcoin.com, as of July 25, 2026, 10 publicly listed companies collectively hold over 1 million BTC. Strategy holds 843,775 BTC, valued at approximately $58 billion at current prices, making it the largest corporate holder of Bitcoin in the world.On the list, Twenty One Capital holds 43,514 BTC, Metaplanet holds 43,000 BTC, Mara Holdings holds 36,303 BTC, Bullish holds 24,300 BTC, and Strive holds 19,921 BTC. SpaceX holds 18,712 BTC, Coinbase Global holds 16,492 BTC, Riot Platforms holds 15,680 BTC, and Cleanspark holds 13,924 BTC.SpaceX went public on NASDAQ on June 12, 2026, raising approximately $85.7 billion in its IPO. Since 2026, Riot Platforms' stock price has increased by 73%, Cleanspark by 39%, and Mara Holdings by 31%. During the same period, Strategy has decreased by 40%, Metaplanet by 49%, Twenty One Capital by 48%, and Coinbase Global by 31%.