
Saylor sells $104 million in Bitcoin to finance strategy’s STRC preferred stock
Saylor's Bitcoin sale strategy highlights a shift towards dynamic capital management, potentially impacting market confidence and STRC's valuation.

Saylor's Bitcoin sale strategy highlights a shift towards dynamic capital management, potentially impacting market confidence and STRC's valuation.

Strategy sold $104M in Bitcoin last week to help prop up STRC, a financial product they created to… help them buy more Bitcoin.
Strategy sold 1,638 BTC for ~$105M below its average cost basis, funding STRC buybacks as its six-week Bitcoin buying pause stretches on.

Strategy sold 1,638 BTC for $105M to cover preferred stock dividends and STRC repurchases as its variable-rate shares trade 10% below par value.

The preferred shares have recovered nearly 24% from their June closing low as Strategy builds its cash reserve and repurchases STRC.
Analysts foresee a 100%-240% potential upside for MSTR stock despite continued share dilution.

Strategy's latest Bitcoin sale lifted its 2026 disposals to 5,258 BTC, the largest amount it has sold in any year since adopting the asset in 2020, as the company redirects capital toward supporting its preferred securities. The company sold 1,638 BTC for $104.7 million between July 27 and Aug. 2 and issued about 3.01 million […]
Strategy sold 1,638 BTC to fund preferred dividends and STRC repurchases, prompting Saylor to distinguish his personal holdings from the company’s treasury.

The company raised its USD Reserve to $4.0 billion from $3.0 billion three weeks earlier, funding the increase with $250 million from the sale of 3,011,361 MSTR shares.

Strategy Inc's actions indicate a strategic focus on reducing dividend obligations and leveraging Bitcoin's potential, impacting investor confidence.

Half the proceeds funded preferred dividends and half went into an $81 million STRC buyback, its second in as many weeks.

Michael Saylor’s Strategy sold 1,638 Bitcoin in its second-largest sale of the year to fund dividend payments and repurchase its preferred STRC stock.


MicroStrategy sold over 1600 BTC last week. It also expanded its cash reserves and bought back more STRC.

Strategy's Bitcoin sale highlights its flexible financial strategy, potentially boosting STRC stock while maintaining significant BTC reserves.

Strategy kept STRC’s August dividend rate at 12% as shares closed at $89.46, backed by buybacks and a $3.75 billion cash reserve.

Strategy has gone five consecutive weeks without a disclosed bitcoin purchase; the firm last reported holding 843,775 BTC acquired for $63.69 billion.

Investors have previously benefited from a payout boost when the preferred STRC shares traded well below their $100 par value for a month.


Strategy confirmed its Stretch (STRC) preferred stock will keep paying a 12% annualized dividend in August 2026, even after the security closed July at roughly 12% below its $100 par value. A Rate That Keeps Climbing but Can’t Reverse Strategy (Nasdaq: MSTR) Executive Chairman Michael Saylor confirmed on August 1 that the Stretch Dividend Rate […]