Strategy turns 1,690 BTC into $108.6M STRC buyback
Strategy sold 1,690 BTC for $108.6 million between Aug. 3 and Aug. 9 and used the proceeds to repurchase 1.15 million shares of its STRC preferred stock. This was its second straight week of Bitcoin sales for STRC buybacks and its fourth disclosed BTC sale of 2026. Year to date, it has sold 6,948 BTC while still holding 840,447 BTC worth about $63.36 billion at an average purchase price of $75,385 per BTC. The latest BTC sale averaged $64,262 per coin. Strategy said it still has $785.2 million available under its preferred-stock repurchase program and $1 billion under its common-stock repurchase program. It also raised its U.S. dollar reserve to $4.65 billion, intended to support preferred dividends. STRC and MSTR both traded higher in premarket activity.
