Strategy2026-08-10 12:24:48Strategy Sells $108.6 Million in Bitcoin, Lifts Dollar Reserve to $4.65 BillionStrategy, the Bitcoin treasury company associated with Michael Saylor, sold 1,690 BTC for $108.6 million in the week ended Aug. 9, reducing its holdings to 840,447 BTC from 842,138 a week earlier. The company said the coins were sold at an average price of $64,262 after fees. The proceeds were fully used to repurchase 1,152,020 shares of STRC preferred stock under its $1 billion Digital Credit Securities Repurchase Program, leaving $785.2 million in remaining authorization. Separately, Strategy raised far more through equity issuance, selling 6,585,682 common shares for $653.1 million net. Of that amount, $650 million was directed to the company’s dollar reserve and $3.1 million to cash, pushing the reserve to $4.65 billion as of Aug. 9 from $4 billion a week earlier. The company has not purchased Bitcoin since June and is building liquidity against $1.76 billion in annual dividend obligations, largely by selling stock. At the same time, it has continued using the Bitcoin sale framework unveiled in June, which allows as much as $1.25 billion in disposals.1900
Strategy2026-06-29 13:31:40Strategy Launches Digital Credit Capital Framework: Dollar Reserve, STRC Dividend Hike to 12%, and BTC Liquidation PlanStrategy submitted an 8-K filing to the SEC announcing a digital credit capital framework comprising five core policies: a dollar reserve policy, STRC dividend adjustments, preferred stock and common stock buyback programs, and a Bitcoin liquidation plan. The dollar reserve stands at $2.55 billion, exclusively for dividend and interest payments. The STRC annualized dividend rate is raised to 12%, effective July 1. The board authorized the sale of up to $1.25 billion in Bitcoin to replenish reserves or support buybacks, while two $1 billion buyback programs exclude reserve funds. This framework aims to optimize capital structure and enhance liquidity management.470
