Strategy Sells 1,638 BTC to Fund Dividends and Buybacks
From July 27 to August 2, 2026, Strategy Inc., under the leadership of Michael Saylor, executed the sale of 1,638 BTC, resulting in about $104.73 million, as disclosed in an 8-K filing on August 3. This marked the company's inaugural Bitcoin sale as part of its capital management strategy, which financed $52.4 million in preferred stock dividends and $52.3 million for the repurchase of STRC shares. Strategy repurchased 912,143 STRC shares at a cost of $81.2 million, thereby lowering future dividend responsibilities. Following the sale, the company retains 842,138 BTC, valued at $63.51 billion, while its USD Reserve rose to $4.0 billion. Despite a revenue increase of 6.9% to $122.4 million, Strategy reported a net loss of $8.22 billion for Q2 2026.
Key facts
- Strategy sold 1,638 BTC for $104.73 million in the week ending August 2, 2026.
- The sale was disclosed in an 8-K filing with the SEC on August 3, 2026.
- Proceeds were used to pay $52.4 million in preferred stock dividends and $52.3 million for STRC buybacks.
- Strategy repurchased 912,143 STRC shares for $81.2 million.
- The sale is part of the BTC Monetization Program announced in late June 2026.
- Strategy still holds 842,138 BTC after the sale, with an average purchase price of $75,419 per BTC.
- USD Reserve increased to $4.0 billion as of August 2, 2026.
- Strategy sold 3,011,361 MSTR shares via ATM, raising $290.6 million.
- Q2 2026 net loss was $8.22 billion, with revenue of $122.4 million.
- Bitcoin trades around $63,800, down 1.9% over the past week.
Entities
Institutions
- Strategy Inc.
- SEC
- CoinGecko
- TradingView
- NFT Plazas