Strategy Sells Another Block of Bitcoin

Strategy, a company that invests in Bitcoin and other assets, has sold 1,638 BTC for $104.7 million between July 27 and August 2. This sale brings Strategy's total sales to 5,258 BTC in three rounds, with the company completing its third disclosed Bitcoin sale of 2026. The sale reduced Strategy's holdings to 842,138 BTC.

The sale was completed at an average price of $63,957 per coin, and Strategy's remaining Bitcoin was acquired for $63.51 billion at an average price of $75,419. This leaves the company with more than 4% of Bitcoin's maximum supply.

Strategy allocated $52.4 million from the latest Bitcoin sale to preferred-stock dividends and another $52.3 million to repurchases of STRC, its Variable Rate Series A Perpetual Stretch Preferred Stock. The company repurchased 912,143 STRC shares for $81.2 million.