Strategy, the Bitcoin treasury firm formerly known as MicroStrategy, said about $6.69 billion in dollar assets now nearly offset roughly $6.75 billion of debt, leaving a gap of only about $60 million and net leverage near 0.1%, or effectively zero. The update, flagged on August 28, 2026, arrives with Bitcoin at $79,395—down about 1% on the day and up roughly 2% on the week—and the Fear and Greed Index at 81 in extreme greed territory. MSTR had climbed 12% to $138.38 as forced-sale fears eased, repairing much of the stock’s 2026 drawdown. Strategy holds 840,447 BTC, earlier valued around $67.9 billion when Bitcoin was above $80,000, with the treasury only about 4% in profit on an average purchase price near $75,419. A $5.10 billion USD Reserve for dividends and interest anchors the liquidity build after the firm raised billions without buying Bitcoin; preferred STRC still requires steady payouts and common-share sales dilute holders. The near-zero net leverage reading is a snapshot, not a permanent state, and markets are watching whether Strategy resumes Bitcoin purchases or keeps stacking dollars.