Strategy (NASDAQ: MSTR) stock dropped by 4.56% on July 31 to close trading at $93. The drop occurred a day after Strategy reported a net loss of $8.2 billion in Q2 2026.

Strategy’s Executive Chairman, Michael Saylor, now notes that Strategy will no longer use 100% of its funds to buy Bitcoin, saying that the priority of the company has shifted towards pushing the value of STRC back to $100.

The STRC preferred stock dropped slightly on July 31 to close trading at $89.

Michael Saylor Announces Strategy’s Focus Shift

While speaking during Strategy’s Q2 earnings call, Saylor noted that Strategy is abandoning its previous model where it used 100% of its funds to buy Bitcoin. Instead, the company will start holding both cash and…