Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve

Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday.

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Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve

Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday.

By Helene Braun, AI Boost|Edited by Stephen Alpher

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Strategy Executive Chairman Michael Saylor addresses Consensus 2026 in Miami.

Summary

MSTR has fallen about 38% this year amid bitcoin’s decline, though the shares gained about 5% Monday as Saylor left the door open to future buybacks.
Strategy plans to maintain larger cash reserves and could sell bitcoin when needed as it works to support STRC and its dividend payments.
Saylor said Strategy wants STRC to remain near its $100 issue price, while MSTR investors should have a time horizon of at least four years.

AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards. For more information, see CoinDesk’s full AI Policy.

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By CoinDesk Research

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Combined CEX volumes fell 23.9% to $3.76T in July, the lowest since November 2023, as DEX spot market share climbed to a record 19.5% and RWA perps hit $460B.

Why it matters:

Combined CEX volumes fell 23.9% to $3.76T in July, the lowest since November 2023, as DEX spot market share climbed to a record 19.5% and RWA perps hit $460B.

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