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Strategy sells 1,690 BTC to fund $108.6M STRC buyback

The company used the proceeds to repurchase 1.15 million shares of STRC preferred stock, and it reported a $4.65 billion US dollar reserve as of Sunday.

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Strategy sold 1,690 bitcoin for $108.6 million between Aug. 3 and Aug. 9, using the proceeds to repurchase shares of its STRC preferred stock, according to a Monday 8-K filing with the US Securities and Exchange Commission, as reported by Cointelegraph.

The filing said Strategy bought back 1.15 million shares for $108.6 million. STRC is a variable-rate preferred stock that pays monthly dividends, and the transaction marked Strategy’s fourth disclosed Bitcoin sale of 2026.

Cointelegraph also reported that the latest sale lowered Strategy’s Bitcoin holdings to 840,447 BTC. The company said it has now sold 6,948 BTC for the year, while its remaining holdings were purchased for an aggregate $63.36 billion, with the latest sale at an average net price of $64,262 per bitcoin and an average purchase price of $75,385 per bitcoin for total holdings.

Strategy further reported that it has $785.2 million remaining under its digital credit securities repurchase program covering STRC, and another $1 billion available under its Class A common-stock repurchase program. Cointelegraph noted Strategy’s US dollar reserve rose to $4.65 billion as of Sunday, up from roughly $4 billion previously.

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