Strategy Shifts From 100% Bitcoin Allocation To Mixed Cash And BTC Strategy

Michael Saylor signals end of exclusive Bitcoin treasury policy, prioritizing STRC preferred share restoration to par value for future financing capabilities.

Woofun AI reports that Strategy Executive Chairman Michael Saylor indicated during the Q2 earnings call that the company may abandon its historical "100% allocation to Bitcoin" in favor of holding both cash and BTC. Saylor noted that accumulating maximum Bitcoin might require delaying immediate purchases. TD Cowen and Benchmark maintained buy ratings, highlighting management's focus on restoring STRC preferred shares to par value to secure financing tools. Analysts Lance Vitanza and Mark Palmer emphasized that returning STRC to the $99-$100 range remains the core objective for enabling future Bitcoin acquisitions.