Strategy sold 1,638 Bitcoin for $104.7 million in the week ended Aug. 2, trimming its BTC holdings to 842,138 from 843,775, according to an 8-K filing submitted Monday.
The company said the coins were sold at an average price of $63,957 each, net of fees. After the sale, Strategy’s aggregate Bitcoin cost basis stood at $63.51 billion, or $75,419 per BTC, which was $11,462 above the price realized on this week’s sales.
Sale proceeds were split between dividends and buybacks
Strategy said $52.4 million of the proceeds funded dividends on its preferred stock, while another $52.3 million went to repurchasing STRC shares.
The STRC buyback totaled $81.2 million, covering 912,143 shares. The remaining $28.9 million was funded through common stock sales.
This marked the company’s second repurchase under the $1 billion program announced on June 29. The first came last week with a $25 million purchase. Strategy said $893.8 million of authorization remains available.
According to the company, the week’s capital moves extended its USD duration by 57 days to 2.3 years and tightened STRC’s Bitcoin credit spread by five basis points. Strategy also said it would keep the STRC dividend rate at 12% annually and declared semi-monthly dividend payments of $0.50 per share.
Investor metrics were revised in July
In July, Strategy revised its investor metrics and made “net Bitcoin per share” its central reporting measure. The company described that figure as the Bitcoin left for common shareholders after debt and preferred claims are stripped out.
In a post on X, Strategy said it increased its USD Reserve by $250 million and repurchased $81 million of STRC. The company said that brought USD duration up by 57 days to 2.3 years and tightened STRC’s BTC credit by 5 basis points. As of Aug. 2, 2026, Strategy said it held 842,138 BTC in its Bitcoin reserve and $4.0 billion in its USD reserve.
The company has moved away from its old no-sale stance
Strategy broke from its long-running “never sell” position at the end of May, when it sold 32 BTC for $2.5 million at an average price of $77,135 to fund preferred distributions.
That was the firm’s first Bitcoin sale since December 2022. At that time, it sold 704 BTC as part of a tax-loss harvesting trade and bought back 810 BTC two days later.
A capital framework introduced in June set the conditions under which Strategy could sell Bitcoin and allows for as much as $1.25 billion in disposals. The company sold $216 million worth of BTC in July, and with this week’s $104.7 million sale, it has now used $321 million of that capacity. The earlier 32 BTC sale was not counted because it took place before the framework was established.
No new Bitcoin has been added since June
Strategy has not increased its Bitcoin holdings since June. Instead, it has been building its USD reserve while facing $1.76 billion in annual dividend obligations, largely through sales of MSTR common stock.
Last week, the company sold 3,011,361 MSTR shares for net proceeds of $290.6 million. Of that amount, $250 million was added to the USD reserve, lifting the reserve total to $4 billion.
Strategy’s Bitcoin holdings are now 5,225 BTC below the peak of 847,363 reached in June, a decline of 0.6%.
Bitcoin price and market odds
Bitcoin traded at about $62,600 on Monday, down 1% on the day, according to CoinGecko data.
On Myriad, the prediction market owned by Decrypt parent company Dastan, users put the odds of Strategy holding more than 1 million BTC by 2027 at 6%, down from 12% a week earlier.