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Strategy boosts cash buffer by selling more MSTR shares

The Nasdaq-listed firm added $149.1 million to its USD reserve, bringing its BTC reserve to 840,447 coins as of Aug. 16, 2026.

Reported · Written up by our desk · Market Structure

Strategy, formerly MicroStrategy, said it went another week without buying or selling Bitcoin but increased its cash buffer by selling additional MSTR shares, according to a regulatory filing reported by Bitcoin Magazine.

The company sold 3,458,866 shares of MSTR common stock to raise about $333.7 million, adding $149.1 million to its USD reserve. Strategy also repurchased $132 million of $STRC, extending USD duration to 2.8 years, and it used $52.4 million to pay dividends on its STRC preferred stock.

As of Aug. 16, 2026, Strategy reported holding 840,447 BTC, alongside a $4.8 billion USD reserve. Bitcoin Magazine also notes the company’s MSTR stock is down more than 60% year-to-date in 2026.

Despite the cash-focused pivot in which it has relied on common stock sales rather than purchasing Bitcoin, the outlet says the company has reiterated its long-term Bitcoin posture remains unchanged. CEO Phong Le said in a prior comment that selling a small amount of Bitcoin relative to its total holdings is not central to its broader strategy, according to Bitcoin Magazine.

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