Is 2026 Finally the Year for Bitcoin and Strategy (MSTR)?
In this first episode of 2026, we break down Strategy’s (MSTR) latest Bitcoin purchase, its growing USD cash reserve, and what it all means for Bitcoin treasury companies going into the new year.
We discuss why Strategy continues to issue common stock to fund preferred share dividends, even while holding billions in cash, and whether this signals a long-term shift in capital allocation. With six consecutive red months, a brutal -47% performance in 2025, and growing concerns around MSCI exclusion and S&P 500 eligibility, the pressure on MSTR has never been higher.
At the same time, Bitcoin…
The skinny
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