Strategy Unloads Another 1,690 Bitcoin for Stock Buyback 🚀
Strategy disclosed in a fresh SEC filing that it sold another 1,690 Bitcoin between August 3 and August 9, raising approximately 108.6 million dollars. The company used every single cent from the sale to buy back 1.15 million shares of its STRC preferred stock. This marks the treasury giant's fourth recorded Bitcoin sale of 2026, bringing its total year-to-date sales to 6,948 Bitcoin.
$MSTRB
The latest batch was offloaded at an average net price of around 64,262 dollars per token, which sits notably below the firm's overall average purchase price of 75,385 dollars. While trimming treasury holdings might rattle some short-term traders, the company is effectively utilizing its massive crypto stack as a dynamic capital allocation engine to fund monthly dividend liabilities on its preferred shares.
$BTC
Even after this recent offloading, Strategy continues to dominate corporate crypto holdings by a landslide, sitting on a gargantuan treasury of 840,447 Bitcoin acquired for over 63 billion dollars. The market appears to be taking the moves in stride as institutional appetite elsewhere remains fierce, highlighted by spot Bitcoin funds soaking up over 850 million dollars in net inflows over the past week alone.
Strategy disclosed in a fresh SEC filing that it sold another 1,690 Bitcoin between August 3 and August 9, raising approximately 108.6 million dollars. The company used every single cent from the sale to buy back 1.15 million shares of its STRC preferred stock. This marks the treasury giant's fourth recorded Bitcoin sale of 2026, bringing its total year-to-date sales to 6,948 Bitcoin.
$MSTRB
The latest batch was offloaded at an average net price of around 64,262 dollars per token, which sits notably below the firm's overall average purchase price of 75,385 dollars. While trimming treasury holdings might rattle some short-term traders, the company is effectively utilizing its massive crypto stack as a dynamic capital allocation engine to fund monthly dividend liabilities on its preferred shares.
$BTC
Even after this recent offloading, Strategy continues to dominate corporate crypto holdings by a landslide, sitting on a gargantuan treasury of 840,447 Bitcoin acquired for over 63 billion dollars. The market appears to be taking the moves in stride as institutional appetite elsewhere remains fierce, highlighted by spot Bitcoin funds soaking up over 850 million dollars in net inflows over the past week alone.