Strategy Dumps Another 1,690 BTC in Ongoing Bitcoin Sell-Off
The world’s largest corporate holder of bitcoin continues to offload portions of its cryptocurrency fortune.
In the latest example, the company sold another 1,690 BTC for $108.6 million and used the proceeds to repurchase 1.15 million STRC preferred shares. It also sold 6.59 million MSTR shares to raise $653.1 million and increase its USD reserve to over $4.6 billion.
Its total bitcoin stash has declined to 840,447 BTC, acquired for $63.36 billion at an average price of $75,385.
Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC’s BTC Credit by 10 bps. As of 8/9/26, we hold ₿840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR…
— Michael Saylor (@saylor) August 10, 2026
Today’s announcement from the company and its former CEO follows a hint by Saylor on X yesterday, in which he published Strategy’s numerous orange dots (representing all of its BTC purchases), with the cryptic text ‘Doing Business.’
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