Strategy Unloads 1,690 BTC for $108.6M to Support STRC Repurchases
Strategy sold 1,690 BTC for approximately $108.6 million between August 3 and August 9, according to an SEC filing.
The company used the proceeds to repurchase 1.15 million shares of its STRC preferred stock for the same amount, bringing total sales in 2026 to 6,948 BTC.
Strategy still holds 840,447 BTC acquired at an average price of $75,385 per coin, including fees and expenses, with a current value of roughly $54.7 billion.
The sale marks the company's fourth disclosed Bitcoin sale of 2026, and follows a similar transaction in July when Strategy sold 1,638 BTC for $104.73 million to support STRC repurchases.