đ Michael Saylor says Strategy isnât prioritizing share buybacks â for now.
Strategy is currently focused on building its $4.8B cash reserve, growing its preferred stock business, particularly $STRC , and expanding its credit operations.
Saylor said Strategy could consider buying back MSTR shares if the stock trades at a very deep discount to its NAV, but itâs not a priority at the moment.
MSTR has had a tough year, falling around 38%, largely due to Bitcoinâs decline and ongoing share issuance used to fund Bitcoin purchases, cash reserves, dividends, and preferred-stock activity.
For now, Strategyâs focus remains on STRC, cash, and its credit business. đ
Strategy is currently focused on building its $4.8B cash reserve, growing its preferred stock business, particularly $STRC , and expanding its credit operations.
Saylor said Strategy could consider buying back MSTR shares if the stock trades at a very deep discount to its NAV, but itâs not a priority at the moment.
MSTR has had a tough year, falling around 38%, largely due to Bitcoinâs decline and ongoing share issuance used to fund Bitcoin purchases, cash reserves, dividends, and preferred-stock activity.
For now, Strategyâs focus remains on STRC, cash, and its credit business. đ