The world\u2019s largest corporate holder of bitcoin continues to offload portions of its cryptocurrency fortune.<\/p>\n
In the latest example, the company sold another 1,690 BTC for $108.6 million and used the proceeds to repurchase 1.15 million STRC preferred shares. It also sold 6.59 million MSTR shares to raise $653.1 million and increase its USD reserve to over $4.6 billion.<\/p>\n
Its total bitcoin stash has declined to 840,447 BTC, acquired for $63.36 billion at an average price of $75,385.<\/p>\n
Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC<\/a>. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC\u2019s BTC Credit by 10 bps. As of 8\/9\/26, we hold \u20bf840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR<\/a>\u2026<\/p>\n \u2014 Michael Saylor (@saylor) August 10, 2026<\/a><\/p>\n\n Today\u2019s announcement from the company and its former CEO follows a hint by Saylor on X yesterday, in which he published<\/a> Strategy\u2019s numerous orange dots (representing all of its BTC purchases), with the cryptic text \u2018Doing Business.\u2019<\/p>\n Some analysts were quick to determine that the firm has resumed its bitcoin purchases after a hiatus of a month and a half. However, Lookonchain reported that a wallet linked to Strategy has sold another portion of BTC, just like it did during the previous week, and claimed that the message actually meant more offloads.<\/p>\n Meanwhile, H100 Group indeed resumed its BTC purchases, announcing<\/a> a substantial acquisition of 2,455 units in the world\u2019s first Bitcoin-for-Bitcoin transaction.<\/p>\n The post Strategy Dumps Another 1,690 BTC in Ongoing Bitcoin Sell-Off<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" The world\u2019s largest corporate holder of bitcoin continues to offload portions of its cryptocurrency fortune. In the latest example, the company sold another 1,690 BTC for $108.6 million and used the proceeds to repurchase 1.15 million STRC preferred shares. It also sold 6.59 million MSTR shares to raise $653.1 million and increase its USD reserve […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-211304","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/211304"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=211304"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/211304\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=211304"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=211304"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=211304"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}