MicroStrategy Sells More Bitcoin to Fix STRC Stock: Will It Work?

NewsMon, 10 Aug 2026 12:51:33 UTC2 hours ago

MicroStrategy (now Strategy) disclosed another Bitcoin (BTC) sale on Monday, offloading 1,690 BTC for $108.6 million. Every dollar went into buybacks of its STRC preferred stock.

The company still holds 840,447 BTC, the largest corporate Bitcoin treasury. However, it now sells coins below cost to repair a preferred stock that will not hold its intended price.

Inside the Latest Strategy Bitcoin Sale

The sale ran from August 3 to August 9 at an average price of $64,262 per coin. Strategy detailed the transaction in a Form 8-K filing with the US Securities and Exchange Commission (SEC).

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…
- Strategy (@Strategy) August 10, 2026

Net proceeds funded the repurchase of 1,152,020 shares of STRC. That security is the variable-rate perpetual preferred stock Strategy issued to help finance its Bitcoin accumulation. Its dividend resets monthly, currently at 12% annualized, to keep the share price near a $100 par value.

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MicroStrategy Sells More Bitcoin to Fix STRC Stock: Will It Work?

Inside the Latest Strategy Bitcoin Sale

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