Strategy reduced its Bitcoin stash by selling 1,638 BTC for about $105 million during the week ending August 2. This move brought its holdings down to 842,138 BTC, which still remains the largest among publicly traded companies, valued at roughly $52.7 billion at current prices.
Half of the Bitcoin sale proceeds, around $52.4 million, were funneled into paying dividends on preferred stock. The other half, about $52.3 million, went toward repurchasing Strategy's preferred shares, signaling the company’s focus on returning value to shareholders.
On top of that, Strategy raised over $290 million through the sale of roughly 3 million MSTR shares via its at-the-market (ATM) program. Out of this, $250 million bolstered its USD Reserve, $28.9 million was allocated to further buybacks of STRC shares, and $11.7 million increased its cash balance. Including expected proceeds from unsettled share sales, the USD Reserve hit $4 billion as of August 2.
Strategy also bought back 912,143 preferred shares for $81.2 million, reinforcing its commitment to shareholder returns alongside its cryptocurrency holdings. This activity follows a pattern seen earlier this year when the company boosted cash reserves after previous Bitcoin sales in 2026. The firm continues to balance between maintaining a vast Bitcoin portfolio and managing capital to reward investors.
This material is for informational purposes only and should not be taken as financial advice.