Strategy just sold 1,690 BTC for $108.6M at an average price of $64,262 — about 15% below its own $75,600 average cost basis. Every dollar went into buying back the company's own STRC preferred stock, not into adding to the Bitcoin treasury.
That's the mechanism worth watching: STRC pays a 12% dividend and still trades under its $100 par value, so Saylor's tapping the BTC balance sheet to defend a yield product, not to keep stacking. 2026 sales are up to 6,916 BTC now, all funding buybacks instead of accumulation.
When the largest corporate BTC holder turns forced seller to prop up its own paper, who's left as the marginal buyer at these levels?
Trade the read across venues in one shot instead of chasing single-exchange liquidity — tokenbot.com
#Bitcoin #TradingSignals #TokenBot $BTC $TBOT
That's the mechanism worth watching: STRC pays a 12% dividend and still trades under its $100 par value, so Saylor's tapping the BTC balance sheet to defend a yield product, not to keep stacking. 2026 sales are up to 6,916 BTC now, all funding buybacks instead of accumulation.
When the largest corporate BTC holder turns forced seller to prop up its own paper, who's left as the marginal buyer at these levels?
Trade the read across venues in one shot instead of chasing single-exchange liquidity — tokenbot.com
#Bitcoin #TradingSignals #TokenBot $BTC $TBOT