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Analysts back Strategy’s cash buildup as Saylor shifts bitcoin focus
The Block notes Strategy reported an $8.2 billion Q2 loss as analysts reiterated a buy stance despite the change in approach.
The Block reports that analysts from TD Cowen and Benchmark reiterated a buy view of Strategy, pointing to the company’s cash buildup even as its bitcoin strategy shifts away from an exclusively bitcoin approach.
The renewed buy thesis comes after Strategy posted an $8.2 billion Q2 loss, according to the outlet.
The Block also links the assessment to Strategy’s corporate STRC-to-par push, framing it as part of the broader shift in how the firm is positioning its balance sheet and exposure.
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