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Strategy Halted Its Bitcoin Buys Again Last Week 

8 September 2026 at 11:38

Bitcoin Magazine

Strategy Halted Its Bitcoin Buys Again Last Week 

Bitcoin treasury Strategy has halted stacking sats — again. 

Just one week after resuming its bitcoin buying following a 10-week hiatus, the Nasdaq-listed company has put its BTC purchases on hold again. 

Instead, the firm continued buying back its stock, repurchasing $176 million of STRC and increasing the size of its digital credit securities repurchase program from $1 billion to $2 billion, according to a Tuesday regulatory filing and announcement from founder and chairman Michael Saylor.  

Strategy has repurchased $176M of $STRC and increased the size of its Digital Credit Securities Repurchase Program from $1.0B to $2.0B. As of 9/7/26, we hold 845,050 $BTC and $6.5B of USD Assets. $MSTR https://t.co/mxqv9QCRat

— Michael Saylor (@saylor) September 8, 2026

The company still holds 845,050 bitcoins worth over $66 billion at today’s prices and $6.5 billion in dollar reserves. The bitcoins were bought at an average price of $63.73 billion, according to Tuesday’s filing. 

Strategy shares (NASDAQ: MSTR) were trading more than 3% lower Tuesday morning in New York. 

The company paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings. 

Strategy has defended its bitcoin sales, with CEO Phong Le saying that the company now has a “bullet-proof balance sheet” because of the move, and that it was the “right trade at the time” to sell when it did. 

In the company’s quarterly earnings in July, Strategy posted a $8.22 billion loss. But Le reassured investors that the firm’s current paper loss was nothing to worry about.

“We’re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,” Le said. 

Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020. 

It first bought the cryptocurrency to protect its shareholders from inflation. Since then, it has aggressively bought the asset and pivoted to being a bitcoin treasury. 

Investors can now buy its shares to get heightened exposure to the cryptocurrency, or get paid a yield via its digital credit products. 

This post Strategy Halted Its Bitcoin Buys Again Last Week  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It

3 September 2026 at 12:46

Bitcoin Magazine

Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It

Bitcoin surged on Thursday — but industry-related stocks rose even quicker as a rally that started weeks ago again picked up steam. 

The price of the biggest cryptocurrency hit as high as $81,282 on Thursday morning in New York, a nearly 3% increase over a 24-hour period. 

Over the past 30 days, the bitcoin price has surged over 23% following both positive regulatory news and announcements from the U.S. Treasury Department regarding debt buybacks. 

JUST IN: $80,139 Bitcoin 🚀 pic.twitter.com/2hCpC00rrg

— Bitcoin Magazine (@BitcoinMagazine) September 3, 2026

But other major crypto company stocks rose quicker. Bitcoin treasury Strategy (NASDAQ: MSTR) was trading more than 13% higher on Thursday. The company on Monday resumed bitcoin buys after a 10-week pause to reshuffle its cash balance sheet. 

America’s biggest crypto exchange, Coinbase, also saw its stock shoot up. Nasdaq-listed COIN was trading 11% higher in the same time period. 

Elsewhere, bitcoin mining companies had a boost too. Top public companies in the space — including the Nasdaq-listed HIVE Digital, MARA, and CleanSpark — all were up on Thursday. 

HIVE Digital led the pack with a 13% jump, while MARA Holdings was up more than 10% on the day. 

Clean energy bitcoin miner CleanSpark jumped by 9%; IREN, which is slowly phasing out its mining operations to focus on AI-compute, was up by 4%. 

Bitcoin had a phenomenal run in August — its third best such month in its history — after the U.S. Treasury Department said it would more than double the size of its government debt repurchases.

The announcement, aimed to tame surging yields not seen in nearly 20 years, hurt the dollar but has benefited non-yielding assets like bitcoin and gold. 

Soon after, President Donald Trump urged lawmakers to get the long-awaited crypto Clarity Act over the line — digital asset legislation the industry has long called for. 

Investors rushed back into bitcoin exchange-traded funds as a result, throwing over $2.8 billion at the vehicles — the most since October, when the coin hit a new all-time high. 

Bitcoin had spent a lot of the year trading below $80,000 per coin, with June and July mostly below $65,000. The coin hit a new record of $126,080 in October. It is now nearly 40% below that number. 

This post Bitcoin Rallies Over $81,000 — And Brings BTC-Related Stocks With It first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

LeVanta Tech shows off its unusual HALIA drone at sea test

3 September 2026 at 03:53
LeVanta Tech said it demonstrated its HALIA unmanned system at ANTX Coastal Trident last month, showing how the platform can link air, surface, subsea and seabed assets over long distances. Photos of HALIA show an unusual design. The drone sits low in the water with a dark, angular hull riding hull-down, mostly submerged. Two cylindrical […]

Strategy CEO Defends Bitcoin Sale as the ‘Right Trade’ 

2 September 2026 at 11:20

Bitcoin Magazine

Strategy CEO Defends Bitcoin Sale as the ‘Right Trade’ 

The CEO of bitcoin treasury Strategy brushed off concerns investors may have about the company selling some of its stash, instead telling reporters that the move was to strengthen its balance sheet. 

Speaking to Bloomberg on Tuesday, Phong Le said that the company now has a “bullet-proof balance sheet” and it was the “right trade at the time” to sell bitcoin when it did. 

Strategy, the largest corporate holder of bitcoin, restarted its buying the cryptocurrency on Monday after a 10-week pause. After halting its buys in June, it instead sold small amounts of its bitcoin and built two cash reserves. 

“We don’t really make decisions specifically on bitcoin’s price,” Le said. 

He added: “We’re a net accumulator, and so I don’t sit around and say, ‘Well, when am I going to sell Bitcoin next?’ It comes down to a bit of a capital management mathematical equation of when we would do it.”

“I don’t foresee us selling bitcoin as we enter into what I consider a pretty heavy bull market.” 

Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020. 

It first bought the cryptocurrency to protect its shareholders from inflation but has since aggressively bought the asset and pivoted to being a bitcoin treasury. It is now the largest corporate holder of the cryptocurrency, with 845,050 bitcoins worth $65.1 billion at today’s prices. 

Investors can buy Strategy’s Nasdaq-listed stock (MSTR) to get heightened exposure to bitcoin’s performance. 

This year, Strategy has bought back some of its preferred stock, STRC, which is trading at a discount, and increasing its dollar cushion.  

In the company’s quarterly earnings in July, Strategy posted a $8.22 billion loss. But Le said the firm’s current paper loss wasn’t important for the time being, and that next year, its stock would soar again. 

“We’re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,” Le said. 

Strategy stock (NASDAQ: MSTR) was trading 2% lower on Wednesday. Year-to-date, the stock is down 22%.

This post Strategy CEO Defends Bitcoin Sale as the ‘Right Trade’  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

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Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time

31 August 2026 at 16:44

Bitcoin Magazine

Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time

Bitcoin treasury Strategy has blasted Morgan Stanley Capital International’s proposal to exclude it from its Global Investable Market Indexes, calling it “misguided” and “flawed.” 

Writing in a letter to MSCI Monday, the Nasdaq-listed Bitcoin behemoth’s founder, Michael Saylor, and CEO, Phong Le, said that the company was discriminating against digital asset businesses. 

MSCI said earlier this month that it was consulting on a plan to define “non-operating companies” and make them ineligible for its Global Investable Market Indexes. The removal of such companies would exclude firms like Strategy from indexes visible to a large pool of institutional investors. 

Strategy responded today to MSCI’s proposed “non-operating company” exclusion. While not material to $MSTR, the proposal is misguided, flawed, and conflicts with established securities laws and accounting principles. Read our letter and share your support: https://t.co/Vup3T5TbvY

— Strategy (@Strategy) August 31, 2026

MSCI’s latest proposal comes after the company in 2025 proposed excluding from its indices all companies whose digital-asset holdings represent 50% or more of total assets. 

“MSCI’s continued effort to discriminate against digital assets is misguided and calls into question MSCI’s neutrality and reliability,” Strategy’s letter read

It added: “The proposal, like the 2025 proposal that MSCI withdrew, is discriminatory, arbitrary, and misguided. If adopted, the proposal would have no meaningful impact on Strategy’s business, but it would profoundly harm MSCI’s reputation as a reliable and neutral index provider. Like the 2025 proposal, the current proposal should be withdrawn.”

Strategy argued that MSCI was relying on unprecedented classifications to define Bitcoin as a “non-operating” asset. Strategy said it reports its Bitcoin business as an operating segment and its Bitcoin gains and losses as operating expenses. 

The company said that MSCI’s methodology for targeting “non-operating companies” was “arbitrary and unexplained,” and was just a way of unfairly targeting digital asset treasuries. 

Strategy further argued that the company is an operating one, employing 1,500 people across the globe and actively using its Bitcoin to “create shareholder value.”

Strategy — formerly MicroStrategy — is an enterprise software company that pivoted to buying and holding bitcoin in 2020. It first bought the cryptocurrency to protect shareholders but has since aggressively bought the asset and is now the largest corporate holder of the cryptocurrency, with 845,050 bitcoins worth $65.8 billion at today’s prices. 

Investors can buy Strategy’s Nasdaq-listed stock (MSTR) to get heightened exposure to bitcoin’s performance. 

MSTR closed Monday trading 4% higher. Year-to-date, the stock is down 15%. 

This post Strategy Opposes MSCI Proposal, Says Bitcoin Treasury Firms Are Being Targeted a Second Time first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Strategy Resumes Bitcoin Buying After 10-Week Hiatus 

31 August 2026 at 11:18

Bitcoin Magazine

Strategy Resumes Bitcoin Buying After 10-Week Hiatus 

Bitcoin treasury Strategy resumed its bitcoin buys last week, snapping up nearly $370 million in the leading cryptocurrency, according to a Monday announcement from the company. 

A filing with the Securities and Exchange Commission shows that Strategy bought 4,603 bitcoins for $369.7 million between August 24 to August 30. Each coin was bought at an average price of $80,318, according to the filing. 

The buy comes after Strategy paused its bitcoin buys in June, instead focusing on building a cash buffer, buying back its stock and even sometimes selling some of its holdings. 

JUST IN: Strategy buys 4,603 BTC for $370 million! 🚀 pic.twitter.com/daSanqch1v

— Bitcoin Magazine (@BitcoinMagazine) August 31, 2026

“Strategy is evolving from one-way capital issuance to active capital management,” Strategy CEO Phong Le said in June.

“We intend to move between issuing securities when capital is attractive and repurchasing securities when our instruments trade at levels that make buybacks accretive. This flexibility is designed to create shareholder value, improve corporate performance, and strengthen the quality and market standing of Strategy’s securities in the eyes of investors.”

Strategy now has $5.1 billion in its USD Reserve and $1.61 billion its new USD Cash reserve — which was announced last week. 

The company holds 845,050 bitcoins worth $65.8 billion at today’s prices. 

We’re ₿ack. pic.twitter.com/ciqOaCa908

— Michael Saylor (@saylor) August 30, 2026

Software company Strategy — formerly MicroStrategy — began buying bitcoin in August 2020 as a treasury strategy to boost shareholder returns during the pandemic. 

It has since spent more than $63.7 billion on buying bitcoin and remains by far the largest corporate holder of Bitcoin in the world. Its approach spawned a wave of copycat companies that have since adopted similar crypto-treasury strategies of their own.

Chairman and Strategy founder Michael Saylor has said that the company is now focusing on creating digital credit: high-yield products, such as its preferred equity, STRC, which are backed by its bitcoin holdings. 

Strategy’s stock (NASDAQ: MSTR) was trading slightly higher on Monday morning in New York. Year-to-date, its price has dipped nearly 20%. 

Bitcoin was trading for $77,821 on Monday morning in New York after hitting a high last week of $81,281. Over a 24-hour period, the coin now sits unmoved, but over a 30-day period, it has jumped by more than 24%. 

This post Strategy Resumes Bitcoin Buying After 10-Week Hiatus  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Strategy Again Skips Bitcoin Buy And Establishes USD Cash Dollar Reserve 

24 August 2026 at 10:48

Bitcoin Magazine

Strategy Again Skips Bitcoin Buy And Establishes USD Cash Dollar Reserve 

Bitcoin treasury Strategy has established a new cash reserve that it will use to buy Bitcoin, according to a Monday filing. 

The Nasdaq-listed company said it not only had increased its typical cash buffer to $5.1 billion but also created another pot of $1.59 billion which it may use to buy bitcoin and stock. 

Strategy has not bought bitcoin since June, instead focusing on stock buy-backs and creating a cushion — as well as occasionally selling bitcoin. 

Strategy increased USD Reserve to $5.10B, established additional USD Cash of $1.59B, and repurchased $136M of $STRC. As of 8/23/26: Strategy holds ~4% of Total BTC Supply and has ~0% Net Leverage. $MSTR https://t.co/WZ9GFtJBXh

— Michael Saylor (@saylor) August 24, 2026

“USD Cash is a separately designated pool of U.S. dollar liquidity that the Company may retain for future deployment for general Bitcoin Treasury Company purposes, which may include acquiring bitcoin, paying declared cash dividends on Strategy’s preferred stock and interest on its outstanding indebtedness, repurchasing Strategy’s MSTR Stock or preferred stock, repaying, repurchasing or redeeming Strategy’s outstanding convertible notes, increasing the USD Reserve, and other similar Bitcoin Treasury Company purposes,” the filing stated. 

Strategy has said that its buyback plan — approved in July — is about balance-sheet strength rather than retreat. President and CEO Phong Le has said that Strategy intends to remain a long-term bitcoin buyer. 

Shares of Strategy (Nasdaq: MSTR) were trading higher Monday morning in New York. The company’s stock rallied last week as the price of bitcoin rose. 

Strategy said in the filing that it sold about $2 billion in common shares last week, and also repurchased $136.4 million of its Stretch preferred shares.

Corporate software company Strategy — formerly MicroStrategy — started buying bitcoin in 2020 as a way to protect shareholder returns. 

It has since spent nearly $64 billion on the cryptocurrency largely using leverage and now holds 840,447 BTC worth $66.4 billion at today’s prices, making it the largest corporate holder of the digital coin. 

Investors can get exposure to Bitcoin via stock and dividend-paying instruments that Strategy has issued. 

Bitcoin’s price recently stood at $79,031, up 25% over a seven-day period. 

This post Strategy Again Skips Bitcoin Buy And Establishes USD Cash Dollar Reserve  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve 

17 August 2026 at 10:23

Bitcoin Magazine

Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve 

Bitcoin treasury Strategy has gone another week without buying the leading cryptocurrency — but didn’t sell any this time. 

The Nasdaq-listed company said Monday in a regulatory filing that it had upped its cash buffer by selling 3,458,866 shares of MSTR common stock to generate $333.7 million. 

Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps). As of 8/16/26: ₿840,447 BTC Reserve; $4.8B USD Reserve. $MSTR https://t.co/kNWPowilmT

— Michael Saylor (@saylor) August 17, 2026

Strategy used $52.4 million to pay dividends on its STRC preferred stock, then spent $132.2 million to buy the stock back. It also added $149.1 million to its dollar reserve.

Strategy — formerly MicroStrategy — has recently pivoted to common stock sales to build up its cash reserves, rather than buying Bitcoin.

It has halted its Bitcoin sales and even sold a chunk of its holdings over the past two months after aggressively buying in 2025. 

Strategy stock (Nasdaq: MSTR) has taken a hit in 2026, dropping over 60% year-to-date. At a little over $95 a pop, it is currently trading nearly 80% below its 2024 record. 

The company started buying Bitcoin in 2020 as a way to protect shareholder returns. It has since become the largest corporate holder of Bitcoin, with 840,447 coins worth $53.4 billion, acquired at an average price of $63,357, according to its website. 

Despite focusing on its cash buffer, Strategy has reassured investors that its long-term posture toward Bitcoin is still the same. CEO Phong Le said earlier this month that he isn’t worried about the current bear market, and that the company plans to remain a long-term buyer of Bitcoin despite its recent sales.

“We’re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,” Le said. 

Strategy’s approach has spawned a wave of copycat companies that have since adopted similar crypto-treasury strategies of their own.

This post Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Treasury Strategy Bites Back After MSCI Announces Possible Index Removal

14 August 2026 at 13:24

Bitcoin Magazine

Bitcoin Treasury Strategy Bites Back After MSCI Announces Possible Index Removal

Bitcoin treasury Strategy has said it “doesn’t need” Morgan Stanley Capital International after the index provider said it could remove the Bitcoin company from its Global Investable Market Indexes.

MSCI said in a consultation that it was consulting on a plan to define “Non-Operating Companies” and make them ineligible for its Global Investable Market Indexes (GIMI).

The removal of such companies would exclude companies like Strategy from indexes visible to a large pool of institutional investors. MSCI said it was weighing up the decision as Strategy is primarily known for holding a large amount of Bitcoin rather than running a traditional operating business.

Digital assets are assets. Index providers should measure markets, not decide which assets companies are allowed to own. MSCI’s proposal puts it out of step with regulators, markets, and its own customers. Bitcoin doesn’t need MSCI. Neither does Strategy. $BTC $MSTR

— Strategy (@Strategy) August 14, 2026

Writing on X Friday, Strategy wrote: “Digital assets are assets. Index providers should measure markets, not decide which assets companies are allowed to own. MSCI’s proposal puts it out of step with regulators, markets, and its own customers.”

It added: “Bitcoin doesn’t need MSCI. Neither does Strategy.”

The consultation also included Japanese Bitcoin treasury Metaplanet, which trades on the Tokyo Stock Exchange, and uranium investment company Yellow Cake. 

Based on financial filings as of May 2026, Strategy and Metaplanet already meet the criteria for removal under MSCI’s proposed rule. 

If MSCI adopts the proposal as currently written and their financial profiles remain unchanged, both companies would be deleted from the MSCI ACWI IMI Index as part of the November 2026 Index Review, triggering forced selling by index-tracking funds and loss of future passive inflows.

MSCI is still gathering feedback on the proposal through September 30, and has explicitly said the consultation “may or may not result in changes to MSCI indexes” — meaning the rule could be modified, delayed, or dropped entirely based on responses from affected companies and market participants. Even if adopted, any changes to a company’s underlying financials before the review could also shift the result.

Nasdaq-listed Strategy — formerly MicroStrategy — started buying Bitcoin in August 2020 as a way to generate better returns for its shareholders during the COVID-19 pandemic.

It has since spent around $63.3 billion on Bitcoin and is the largest corporate holder of the asset. Investors can buy its shares to gain exposure to the leading cryptocurrency without having to buy and hold digital coins themselves. 

Strategy spawned a long-list of copycat firms which have bought not only Bitcoin, but other cryptocurrencies to boost their stock prices. 

Strategy’s stock (MSTR) was trading nearly 3% lower Friday at nearly $95 per share. MSTR year-to-date has dropped by nearly 40%. 

This post Bitcoin Treasury Strategy Bites Back After MSCI Announces Possible Index Removal first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback

10 August 2026 at 12:17

Bitcoin Magazine

Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback

Bitcoin treasury company Strategy on Monday announced that it again sold Bitcoin last week, and used the cash to buy back its preferred stock. 

In a filing with the Securities and Exchange Commission, the Nasdaq-listed company said it sold  1,690 coins for $108.6 million, bringing its holdings to 840,447 coins, down from 842,138 it had the week before. 

The cash, Strategy said, went to buying 1,152,020 STRC shares worth $109 million as part of a buyback program. STRC in June fell far below the $100 stated amount. 

Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC's BTC Credit by 10 bps. As of 8/9/26, we hold ₿840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR

— Michael Saylor (@saylor) August 10, 2026

Strategy, which went from being an enterprise software company to buying Bitcoin in 2020, hasn’t bought any Bitcoin since June. 

The company has reassured investors that selling Bitcoin is just part of its plan to grow its cash buffer. Strategy said Monday that it now holds $4.65 billion in cash. 

Strategy’s stock (Nasdaq: MSTR) was trading nearly 3% lower on Monday. The stock has taken a hit since the price of Bitcoin nosedived last year. Investors buy MSTR to get amplified exposure to the biggest digital asset. 

But now, as Bitcoin is nearly 50% below its October record, MSTR is down nearly 80% from the all-time high it notched last year. 

Despite the sale, Strategy has maintained that its long-term posture toward Bitcoin hasn’t changed. 

Strategy — formerly MicroStrategy — began buying Bitcoin in August 2020 as a treasury strategy to boost shareholder returns during the pandemic. 

It has since spent more than $63.5 billion buying Bitcoin and remains by far the largest corporate holder of Bitcoin in the world. 

Strategy’s approach spawned a wave of copycat companies that have since adopted similar crypto-treasury strategies of their own.

The company maintains that its long-term posture toward Bitcoin is still the same. CEO Phong Le he isn’t worried about the current bear market, and that the company plans to remain a long-term buyer of Bitcoin despite its recent sales.

This post Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Treasury Firm Strategy Pledges $250 a Year to Employee Trump Accounts

5 August 2026 at 09:57

Bitcoin Magazine

Bitcoin Treasury Firm Strategy Pledges $250 a Year to Employee Trump Accounts

Bitcoin treasury company Strategy has said it will contribute to Trump Accounts for the children of its U.S. employees, becoming the latest major public company to layer corporate money on top of the federal savings program.

The Tysons Corner, Virginia-based company (Nasdaq: MSTR) announced it will deposit $250 annually into a Trump Account for every eligible child under 18 of a U.S. employee, regardless of when the child was born. 

For children born on or after January 1, 2025, Strategy will also make a one-time $1,000 contribution in the child’s birth year, matching the seed deposit the U.S. Treasury provides to newborns under the program.

A strong financial future starts early. Strategy has joined the Invest America Business Pledge and will match the @USTreasury's $1,000 @TrumpAccounts contribution for newborns of U.S. employees, plus contribute $250 annually for each eligible child.https://t.co/erz3oPkikP

— Strategy (@Strategy) August 5, 2026

“Trump Accounts and the Invest America initiative can help build a stronger financial future for America’s children,” Phong Le, Strategy’s president and chief executive officer, said in a statement, adding that the accounts can encourage “financial education, long term thinking, and a culture of saving and investing from an early age” — goals he described as closely aligned with Strategy’s values.

Trump Accounts, created under the One Big Beautiful Bill Act that Trump signed in 2025 and referred to in Treasury guidance as 530A accounts, launched July 4, 2026. Each is a tax-advantaged investment account for a child. 

On July 4, the government deposited one-time $1,000 seed contributions into accounts for more than 500,000 children. Children born between January 1, 2025, and December 31, 2028, who are U.S. citizens qualify for that federal deposit, and families can contribute up to $5,000 a year. Funds are locked until age 18, when the account converts to a traditional individual retirement account.

In a July oval office event marking the launch of the accounts, President Trump said that Bitcoin could one day play a role in the new Trump Accounts savings program. 

The president campaigned on a ticket to help the space and received major backing from digital asset entrepreneurs. Since taking office, Trump has passed a number of pro-crypto pieces of legislation. 

This post Bitcoin Treasury Firm Strategy Pledges $250 a Year to Employee Trump Accounts first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

‘We’ll Get Through This Bear Market,’ Says CEO of Bitcoin Treasury Company Strategy 

3 August 2026 at 17:21

Bitcoin Magazine

‘We’ll Get Through This Bear Market,’ Says CEO of Bitcoin Treasury Company Strategy 

Bitcoin treasury company Strategy’s CEO Phong Le brushed aside concerns investors may have about the Nasdaq-listed company selling its stash. 

Speaking on CNBC Monday, Le said that Strategy would continue doing what it’s always done, and outperform Bitcoin during the next bull run. 

Strategy (MSTR) on Monday revealed that it had sold 1,638 Bitcoins for roughly $104.7 million, and bought back 912,143 shares of its preferred stock, STRC, for $81.2 million.

The firm’s stock is down nearly 40% year-to-date. It has shed nearly 80% of its value since it closed a record of nearly $474 in November 2024. 

“I think Bitcoin is going through a bear cycle right now, and some of that is external macroeconomic,” Le said. 

“We, as a company, went through this in 2022. We actively manage our capital structure, we rotate into Bitcoin, we sell Bitcoin when we need to, and we’ll continue to do so — and we’ll get through this bear market,” he added. 

Strategy started buying Bitcoin in August 2020 as a way to generate better returns for its shareholders during the COVID-19 pandemic and hedge against inflation. It now has 842,138 coins worth $53.8 billion, making it the biggest corporate holder of the asset. 

The idea is that investors can buy its shares to gain heightened exposure to the leading cryptocurrency without having to buy and hold digital coins themselves.

Strategy was aggressively buying Bitcoin week after week but hasn’t bought any in six weeks. In the company’s quarterly earnings last week, it posted a $8.22 billion loss for the second quarter of 2026. 

Still, Le said the company’s current paper loss wasn’t important for the time being, and that next year, the company’s stock would soar again. 

“We’re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,” Le said. 

“The conversation is what is our role in Bitcoin, and are we adding Bitcoin per share overall to our shareholders, and are we creating value? I think that’s an unequivocal yes.”

This post ‘We’ll Get Through This Bear Market,’ Says CEO of Bitcoin Treasury Company Strategy  first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Strategy Sells Bitcoin After Five Weeks Without Buying

3 August 2026 at 11:17

Bitcoin Magazine

Strategy Sells Bitcoin After Five Weeks Without Buying

Bitcoin treasury Strategy on Monday announced that it had again sold a slice of its Bitcoin holdings, offloading 1,638 BTC for roughly $104.7 million.

In a filing with the Securities and Exchange Commission, the company said the sale took place between July 27 and August 2, at an average price of $63,957 per coin. 

Proceeds were split to cover two obligations: $52.4 million went toward dividend payments on Strategy’s preferred stock, and $52.3 million funded buybacks of its Stretch (STRC) preferred shares.

It marked the latest in a string of weeks where Strategy has chosen to trim Bitcoin rather than add to it, continuing a pattern that began earlier this summer as the company leaned more heavily on stock sales and cash management to fund its obligations.

The same filing disclosed that Strategy sold 3,011,361 shares of its MSTR common stock through its at-the-market program during the period, generating $290.6 million in net proceeds. Of that, $250 million was added to the company’s USD Reserve — a cash cushion set aside to support preferred dividends and debt interest — which now stands at $4 billion.

Strategy also repurchased 912,143 shares of STRC for $81.2 million during the week, continuing a buyback program the company kicked off in late June. No shares of its other preferred products — Strife (STRF), Strike (STRK), or Stride (STRD) — were bought back or sold under the ATM program this period.

The company still holds 842,138 Bitcoin on its balance sheet, worth roughly $54 billion at Monday’s price of around $64,000 per coin, acquired at an aggregate cost of $63.51 billion.

Strategy’s board also kept the dividend rate on STRC steady at 12% annually, declaring $0.50-per-share payments for the periods ending August 31 and September 15. Management has said it does not intend to recommend a lower rate until STRC trades sustainably near its $100 stated value.

Despite the sale, Strategy has maintained that its long-term posture toward Bitcoin hasn’t changed. CEO Phong Le has said the company plans to remain a long-term buyer of Bitcoin despite its recent sales.

Strategy — formerly MicroStrategy — began buying Bitcoin in August 2020 as a treasury strategy to boost shareholder returns during the pandemic. It has since spent more than $63.5 billion accumulating the asset and remains by far the largest corporate holder of Bitcoin in the world. Its approach spawned a wave of copycat companies that have since adopted similar crypto-treasury strategies of their own.

This post Strategy Sells Bitcoin After Five Weeks Without Buying first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered

30 July 2026 at 17:00

Bitcoin Magazine

Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered

Bitcoin treasury company Strategy reported a loss of $8.22 billion for the second quarter of 2026 thanks to the falling price of the leading cryptocurrency. 

In its quarterly report, Nasdaq-listed Strategy (MSTR) — formerly MicroStrategy — put the loss down to the Bitcoin price crash, even as the company continued raising capital, buying more Bitcoin and paying down debt.

In the same period of 2025, Strategy reported a net income of $10.02 billion. 

“In the second quarter of 2026, Strategy strengthened its balance sheet while navigating a meaningful Bitcoin price decline,” Strategy CEO and President Phong Le said in a statement. 

Chairman and the architect behind the software company’s Bitcoin-buying masterplan, Michael Saylor, added: “In the midst of this phase of muted Bitcoin sentiment and market skepticism, we continue to evolve our business model and establish digital credit as a new asset class.”

Bitcoin’s price is down nearly 50% from the all-time high of $126,080 it notched in October 2025. The leading cryptocurrency was recently priced at $64,745, down 26% year-to-date. 

Over the quarter, the Tysons, Virginia-based company said it increased its Bitcoin holdings by 11%. Strategy now holds 843,775 Bitcoins worth $54.6 billion at today’s prices.

Strategy for the past five weeks had paused its Bitcoin buys, instead focusing on putting more cash on its balance sheet. 

Investors buy Strategy’s stock to get leveraged exposure to Bitcoin. But when the price of the asset dips, MSTR also suffers. 

MSTR stock is currently down over 80% from its 2024 peak of over $500 per share. 

The company has other offerings, including STRC, a product that pays investors a dividend. 

This post Bitcoin Treasury Strategy Posts $8.2B Loss As BTC Price Suffered first appeared on Bitcoin Magazine and is written by Mathew Di Salvo.

Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions

By: Juan Galt
30 July 2026 at 10:00

Bitcoin Magazine

Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions

Bitchat, Jack Dorsey’s censorship-resistant, Bluetooth-enabled messaging app, has gone viral again, this time due to the Indian Government trying to get it banned from GitHub. In this latest round of authoritarian measures versus decentralized technologies, Bitchat has won. 

In July 2025, Jack Dorsey announced a new messaging application he described as a weekend project. The app, called Bitchat, was designed to work without internet access, phone numbers, user accounts, or central servers. It relied instead on Bluetooth mesh networks for local communication and the Nostr protocol for wider reach.

A year later, that same application became the subject of a formal takedown request from India’s cybercrime authorities during a period of student protests. The episode offers a clear illustration of how cypherpunk ideas—building systems that function without permission from intermediaries—continue to shape tools used in moments of political tension.

Calle, one of the main developers behind the Android version of the app, took the statements from the Indian government as a positive review of Bitchat’s effectiveness, tweeting:

“India forces GitHub to take down Bitchat

‘Bitchat enables anonymous communication without mandatory user registration, phone number verification, or centralized logging of communications. 

The technical architecture of the application significantly impedes interception, attribution, and investigation by law enforcement agencies.’ – Government of India”

What Bitchat Is

Bitchat is a peer-to-peer encrypted messaging application. Devices form local mesh networks over Bluetooth, automatically discovering nearby peers and relaying messages across multiple hops. When internet connectivity is available, the app can fall back to Nostr relays. Users can join public local channels, send private end-to-end encrypted messages, and access location-based channels organized by geographic zones.

The application requires no registration and includes a panic feature that clears stored data. The code is open source, with the primary repositories hosted under the permissionlesstech organization on GitHub. The iOS version is available on the App Store; the Android version is on Google Play and distributed via GitHub releases, as well as many other app stores like Nostr’s Zapstore. Recent updates added the ability for Android devices to share the installation file directly with nearby phones over Wi-Fi or Nearby Share, letting new users join the mesh easily without the need for internet access.

Key figures associated with the project include Jack Dorsey and open-source developer Calle, known for work on Cashu ecash. Bitcoin Magazine has previously noted experimental demonstrations of offline Bitcoin-related payments moving across the same mesh. 

Earlier Deployments

Bitchat first saw significant real-world use during periods of government-restricted connectivity. In September 2025, during unrest in Nepal, the app recorded nearly 50,000 downloads from that country in a single day, according to data shared by Calle and reported by Bitcoin Magazine. Similar spikes occurred during blackouts in other regions. In January 2026, Iranian users turned to Bitchat and a localized fork during internet restrictions, as covered in Bitcoin Magazine.

These earlier cases established a pattern: when conventional mobile networks or social platforms become unreliable or restricted, tools that operate independently of those networks see rapid adoption.

The India Events

In May 2026, India’s National Eligibility Entrance Test (NEET-UG) for medical school admissions was canceled after evidence of a significant leak of the test’s questions. The controversy, involving millions of candidates, undermined the fairness of the exam and was linked to student suicides, contributing to the growth of a youth-led satirical movement known as the Cockroach Janta Party (CJP). Protests centered on demands for accountability from Education Minister Dharmendra Pradhan and broader reforms to the examination system.

By mid-July, demonstrators had gathered at Jantar Mantar in New Delhi and attempted marches toward Parliament. Reports indicated blackouts on mobile data or internet access in areas around the protests. On 24 July 2026, the Indian Cybercrime Coordination Centre (I4C), issued a notice directing GitHub to restrict access to three Bitchat repositories within three hours. The notice cited the application’s ability to function during network restrictions and internet shutdowns, arguing that this architecture could impede lawful interception and attribution.

On 24 July, Dorsey posted the notice on X with the statement: “the government of India does not like technologies like bitchat and wants it taken down.” Market data from Sensor Tower, according to TechCrunch, reported across multiple outlets, showed that India accounted for approximately 85 percent of the app’s global downloads between 17 and 23 July, with more than 91,000 downloads in India over five days and daily active users exceeding 330,000 at the peak.

The GitHub repositories remained accessible in the immediate aftermath, despite the takedown attempt by the Indian government. Developers and users circulated mirrors, including on decentralized platforms such as Radicle. The application itself continued to function on devices that already had it installed, and the offline file-sharing feature reduced reliance on app stores or GitHub for further distribution. Pradhan resigned on 25 July.

Historical Context

The use of messaging tools during protests is not new, nor is Dorsey’s role in support of technologies useful during tense democratic protests. During the Arab Spring, platforms such as Twitter and Facebook were widely credited with helping coordinate demonstrations and amplify information, leading some observers to describe the events as “Twitter revolutions” or “Facebook revolutions.” Those centralized services, however, remained dependent on internet access and corporate intermediaries that could be pressured or blocked and in some cases were.

A closer technological predecessor appeared in 2014 during Hong Kong’s Umbrella Movement. Protesters downloaded FireChat, a mesh-networking application that allowed devices to communicate directly over Bluetooth or Wi-Fi without internet. The app saw hundreds of thousands of downloads and millions of chat sessions in a short period as mobile networks became congested or as users prepared for possible disruptions.

Bitchat continues this line of development, though more closely integrated with Bitcoin-associated technologies. It combines mesh networking with an open protocol (Nostr), stronger cryptographic defaults, and fully open-source code. The response to the Indian GitHub notice, which saw rapid mirroring and peer-to-peer distribution of the application itself, illustrates a further step: the tool is no longer dependent on a single company or platform for its survival; once it has been distributed, it self-replicates.

Cypherpunk Principles in Practice

In 1993, Eric Hughes published A Cypherpunk’s Manifesto. It opens with the statement: “Privacy is necessary for an open society in the electronic age.” The manifesto argues that individuals cannot rely on governments or corporations to protect privacy and that the practical response is to write and deploy code that makes surveillance and control more difficult.

Bitchat is an application of that approach to communication. It does not require user information to function; identities are purely based on cryptography. Users do not need to trust a central operator. It continues to function when conventional infrastructure is restricted. When an intermediary such as GitHub is asked to remove the source code, the popularity and the offline distribution methods of the project limited the effectiveness of the request.

This does not make the technology inherently aligned with any particular political outcome, but this is now the third time it goes viral in the context of democratic demonstrations as a solution to government-driven internet censorship. From FireChat in Hong Kong to Bitchat in Nepal, Iran, and now India, the same underlying demand appears: communication that does not disappear when the network does.  Bitchat servers that demand by giving people tools to communicate and coordinate without centralized infrastructure.

This post Bitchat Mesh App Defies India Cybercrime Notice After Protesters Use It During Network Restrictions first appeared on Bitcoin Magazine and is written by Juan Galt.

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