Strategy sells $108.6M Bitcoin again to fund STRC preferred stock buyback
Strategy sold about $108.6 million worth of Bitcoin for a second consecutive week, disposing of 1,690 BTC, according to multiple reports that cite recent U.S. Securities and Exchange Commission filings [1] [2].
The company said the proceeds were directed toward repurchasing its STRC preferred stock. One report also said Strategy’s Bitcoin holdings fell to 840,447 BTC after the sale, while its USD reserve increased and its USD duration was extended [1] [2].
Additional coverage framed the latest sale as roughly $109 million and noted that the repurchase funding did not reduce Strategy’s separate USD Reserve capacity [3] [4].
Strategy’s latest Bitcoin sales, totaling 1,690 BTC last week and occurring for a second straight week, were used to fund STRC preferred-stock buybacks, based on the cited filings [1] [2].
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- 1Strategy sells $108.6M Bitcoin to fund STRC buybackcrypto.news• Aug 10, 2026
- 2Strategy Sells Another $108.6 Million in Bitcoin as BTC Reserve Drops36Crypto• Aug 10, 2026
- 3
- 4Strategy Sells Another $109M in Bitcoin to Buy Back STRCBankless News, Research and Analysis• Aug 10, 2026
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