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المشهد العربي
Bitcoin buying resumes in Estraty after 10 weeks
Strategic Company resumed Bitcoin purchases after a 10-week pause, buying cryptocurrencies worth $369.7 million during the week ending August 30, 2026. This occurred alongside the company raising $602.8 million through a share issuance and executing share buybacks amounting to $151.8 million, as digital currencies declined and Bitcoin approached $80,000. These factors boosted the company's stock performance and reduced the gap between its market value and its digital holdings, which are nearing $73 billion. Additionally, the company carried out a financial restructuring that included establishing an extra cash reserve to ensure greater flexibility in facing its operational commitments and financial obligations.
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