Strategy Boosts USD Reserve with Third Bitcoin Sale of 2026
Strategy, led by Executive Chairman Michael Saylor, has completed its third Bitcoin sale of 2026. The move was made to bolster its USD reserve, which now stands at $4 billion, and strengthen liquidity.
The company sold 1,638 BTC between July 27 and August 2 for approximately $104.7 million, with an average sale price of $63,957 per Bitcoin. This sale represents a significant shift from Strategy's long-standing practice of accumulating Bitcoin, but still leaves it with one of the largest corporate Bitcoin treasuries in the world.
Strategy used the proceeds from the sale to fund dividends on its preferred stock and repurchase STRC shares. The company also repurchased 912,143 STRC shares for approximately $81.2 million during the reporting period.