Strategy sells another 1,690 BTC, lifts U.S. dollar reserves to $4.65 billion
Strategy disclosed in an 8-K filing with the U.S. Securities and Exchange Commission that it sold 1,690 BTC between Aug. 3 and Aug. 9 at an average price of $64,262, generating about $108.6 million in proceeds. After the sale, the company’s bitcoin holdings fell to 840,447 BTC, worth about $54.7 billion at current prices. Strategy said its average purchase price stands at $75,385 per bitcoin, with total acquisition costs of roughly $63.4 billion including fees and expenses, leaving it with an unrealized loss of $8.7 billion. The company also raised $653.1 million last week by selling 6,585,682 shares of MSTR through its at-the-market equity program. It said most of that capital was used to repurchase 1,152,020 shares of preferred stock STRC, while also increasing dollar reserves by $650 million. As of Aug. 9, Strategy’s U.S. dollar reserves had reached $4.65 billion. Strategy has also introduced a new Digital Credit Capital Framework, under which dollar reserves will be used mainly to pay preferred dividends and interest. The company approved up to $1 billion in digital credit securities repurchases, initially focused on STRC, alongside a separate share buyback plan of up to $1 billion. It also expanded its bitcoin monetization plan, allowing sales of up to $5 billion in BTC to support reserves, dividends, interest payments and securities repurchases.








