Why Did Strategy Sell $102 Million in Bitcoin as USD Reserves Hit $4 Billion?
- Strategy rebalanced its reserves in an uncharacteristic selloff and buyback process.
- The company embarked on the process to meet its regular financial obligations.
- Analysts think Strategy wants to satisfy Wall Street credit and equity committees.
Strategy’s action over the past week has triggered curiosity among many crypto community members as they seek to understand the logic behind the move. The asset management company reportedly rebalanced its reserves by selling 1,637 BTC, worth approximately $102 million, and 5.43 million shares, valued at $544.5 million.
Shortly after the sales, Strategy embarked on a buyback exercise, purchasing $106 million of STRC, $25M on July 27 and $81M on August 3, while bolstering its cash position. As of August 2, 2026, Strategy’s total reserves stand at 842,138 BTC and $4.0B in USD, extending USD duration by 57 days to 2.3 …
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