Strategy Sells 1,638 Bitcoin to Fund STRC Stock and Dividends
Key Insights
- Strategy sold 1,638 Bitcoin for $104.7 million to support dividends and STRC stock buybacks.
- MSTR stock sales raised $290.6 million and lifted the dollar reserve to $4 billion.
- The company now holds 842,138 BTC while new Bitcoin purchases remain paused.
Strategy sold 1,638 Bitcoin for $104.7 million during the week ending August 2. The company used the proceeds for preferred dividends and STRC stock repurchases. The sale occurred at an average price of $63,957 per coin.
After the transaction, Strategy held 842,138 Bitcoin in its corporate reserve. The company also lifted its U.S. dollar reserve to $4 billion. The moves show a clear shift toward liquidity and preferred-share support.
New Bitcoin purchases remain paused while management works to strengthen STRC stock. The company is also preserving financing flexibility during weaker cryptocurrency market conditions.
Meanwhile, this article reports on publicly disclosed corporate information and is intended solely for informational purposes. It should not be interpreted as financial or investment advice.
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