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Strategy cuts $105M in Bitcoin holdings to fund dividends and repurchase STRC

18h agoAug 3, 2026, 1:00 PMNewsroom AI

Bitcoin-focused firm Strategy sold $105 million worth of bitcoin last week, trimming its holdings by 1,638 BTC, as part of its broader balance-sheet and capital actions [1] [2] [3].

Strategy said the sales raised $290.6 million through common stock transactions, with proceeds split to fund preferred dividends and repurchase Variable Rate Series A Perpetual Stretch Preferred Stock (STRC); it bought back about $81.2 million of STRC [1] [4].

Separate coverage reported Strategy’s bitcoin reduction brought its total holdings to 842,138 BTC and linked the move to financing dividends and the STRC buyback [5] [3].

Strategy’s latest reporting shows a continued use of bitcoin sales to support shareholder payouts and preferred-stock buybacks, alongside an increase in its cash reserve to $4 billion [2] [4].

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