Strategy (MSTR) Stock Sells Bitcoin for Second Week to Repurchase STRC Preferred Stock

NewsTue, 11 Aug 2026 07:32:03 UTC1 hour ago
Strategy (MSTR) Stock Sells Bitcoin for Second Week to Repurchase STRC Preferred Stock

TLDR

  • Strategy sold 1,690 BTC for $108.6 million to repurchase 1.15 million STRC preferred stock units.
  • The company’s US dollar reserve climbed to $4.65 billion, covering roughly 2.7 years of dividends.
  • Total Bitcoin sales in 2026 now stand at 6,948 BTC, while holdings remain at 840,447 BTC.
  • CEO Phong Le says preferred investors value cash over Bitcoin, driving the liquidity strategy.
  • STRC was up 0.46% at $95.45 in premarket Monday; MSTR gained 0.25% to $100.26.

Strategy sold Bitcoin for the second week in a row, offloading 1,690 BTC between August 3 and August 9 for $108.6 million. The proceeds went straight into repurchasing 1.15 million units of its STRC preferred stock.

This marks Strategy’s fourth disclosed Bitcoin sale of 2026. Total BTC sold this year now sits at 6,948 coins.

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