Strategy (MSTR) Bitcoin Selling Spree Offloads Another 1,690 BTC; 2026 Sales Hit 6,916 BTC

Strategy has sold another 1,690 Bitcoin for $108.6 million as the company continues to raise cash and repurchase its STRC preferred shares.

The latest sale brings Strategy’s reported Bitcoin sales in recent weeks to 6,916 BTC, according to figures provided in company disclosures and market reports. The company said the Bitcoin was sold between Aug. 3 and Aug. 9 at an average price of $64,262 per BTC. Following the latest Bitcoin sale, Strategy (MSTR) stock fell 1.81% to $98.27, while the STRC jumped to $95.26, up 0.18%.

Strategy used the full $108.6 million from the sale to repurchase 1,152,020 shares of its variable-rate STRC preferred stock. The transaction comes as the company increases its dollar reserves while maintaining one of the largest corporate Bitcoin holdings.

Strategy Raises Dollar Reserve to $4.65 Billion

Strategy also sold 6.59 million MSTR common shares last week, raising $653.1 million. The company allocated $650 million of those proceeds to its U.S. dollar reserve, while the remaining $3.1 million was added to cash.

Strategy said its dollar reserve reached $4.65 billion as of Aug. 9. The company also reported that its USD duration increased to about 2.7 years following the latest reserve increase.