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Strategy Just Backflipped On Key Goal To Defend Bitcoin

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01:51 PM ET 06/08/2026

Strategy (MSTR) reversed course last week, buying bitcoin under market conditions that founder Michael Saylor had said were conducive to selling the cryptocurrency under its recent modus operandi. While the bitcoin purchase was relatively modest, it appears to signal an important shift. Last week's sale of common stock to buy bitcoin and add cash to the balance sheet put credit…