Strategy sold 1,638 Bitcoins between July 27 and Sunday, August 3, in what represents its second-largest sale of the year by volume, according to a Form 8-K filed Monday with the SEC.
The transaction was executed at an average price of $63,957 per unit, generating total proceeds of $104.7 million that the company allocated across two nearly equal destinations: $52.4 million to cover dividend payments on its STRC preferred stock and $52.3 million to repurchase that same instrument. Strategy currently holds 842,138 bitcoins, acquired at an aggregate cost of $63.5 billion.
Separately, Strategy raised $290.6 million through the sale of MSTR shares during the same period. Of that total, $250 million boosted its dollar reserve, which reached $4 billion by Sunday’s close, while $28.9 million funded additional STRC repurchases and $11.7 million was added to the cash balance. Founder and chairman Michael Saylor stated that the company repurchased $81.2 million in STRC shares and extended its dollar runway by 57 days, to 2.3 years.
STRC was trading in pre-market at $89.40 on Monday, 10.6% below its target value of $100. That gap could limit Strategy’s ability to finance future Bitcoin purchases through new STRC issuances and forces the company to assess the balance between BTC accumulation and the soundness of its capital structure.
Source: https://www.sec.gov/ix?doc=/Archives/edgar/data/1050446/000119312526329565/mstr-20260803.htm
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