Strategy Inc. Sells Bitcoin, Stock in Overhaul Effort

Strategy Inc., led by Michael Saylor, has completed a significant overhaul of its financial strategy. The company announced on August 3, 2026, that it had sold Bitcoin worth $105 million and three million shares valued at $291 million. This move is part of its pivot from aggressively buying Bitcoin to focusing on strengthening its capital structure.

The company used the proceeds from these sales to increase its dollar-based reserve pool to $4 billion and repurchase some of its preferred shares, which are trading at a discount. Specifically, it bought back around $81 million worth of STRC preferred shares.