Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback

NewsMon, 10 Aug 2026 16:17:33 UTC1 hour ago

Bitcoin Magazine

Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback

Bitcoin treasury company Strategy on Monday announced that it again sold Bitcoin last week, and used the cash to buy back its preferred stock.

In a filing with the Securities and Exchange Commission, the Nasdaq-listed company said it sold 1,690 coins for $108.6 million, bringing its holdings to 840,447 coins, down from 842,138 it had the week before.

The cash, Strategy said, went to buying 1,152,020 STRC shares worth $109 million as part of a buyback program. STRC in June fell far below the $100 stated amount.

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

Strategy, which went from being an enterprise software company to buying Bitcoin in 2020, hasn’t bought any Bitcoin since June.

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Strategy Sells Bitcoin Again For Cash Buffer, STRC Buyback

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