Strategy Increases USD Reserve by $450 Million to Bolster $BTC Acquisition War Chest

Strategy Tops Up Dollar Reserves Ahead of Potential Bitcoin Buys

@Strategy has expanded its US dollar reserve by $450 million as of July 12, 2026, bringing total USD liquidity to $3.0 billion. The move signals the firm is positioning for opportunistic $BTC purchases during periods of market weakness, adding further firepower to what is already the largest corporate Bitcoin treasury in the world.

The cash buffer comes at a notable moment. Strategy had sold 3,588 bitcoin for approximately $216 million in early July, reducing its holdings to 843,775 BTC, with proceeds used to replenish its dollar reserve, which stood at $2.55 billion as of July 5. The latest $450 million top-up takes that figure to $3.0 billion, a meaningful step up in dry powder available for future acquisitions or preferred dividend coverage.

World's Largest Corporate Bitcoin Holder Holds Its Ground

Strategy remains the largest corporate holder of Bitcoin, with 843,775 BTC tokens worth approximately $53.8 billion. The position was built over several years through a combination of equity issuances, convertible notes, and preferred stock instruments. The company has leveraged both debt and equity to maximise its Bitcoin holdings, taking advantage of market conditions to buy during dips.

The firm's Digital Credit Capital Framework requires its dollar reserve to be used only for preferred stock dividends and interest payments, meaning the USD reserve also serves as a structural guarantee for holders of its preferred instruments. Topping it up to $3.0 billion provides a deeper cushion and reinforces confidence in those obligations while keeping the firm ready to resume $BTC accumulation at scale.

The company has bought about 175,000 BTC for roughly $14 billion so far in 2026, keeping it far ahead of other public companies that have adopted bitcoin treasury models. Strategy aims to reach one million bitcoins by around November 2026 if it maintains its current acquisition pace of about 20,000 BTC per month, though that target depends on continued investor support and favourable market conditions.

CoinDesk: Strategy sells 3,588 BTC, raising $216 million | The Block: Strategy Bitcoin Holdings Tracker | FinanceFeeds: Strategy cuts Bitcoin holdings to 843,775 BTC