Strategy Sells 1,638 BTC, Retains 842,138 BTC

Strategy sold 1,638 bitcoin between July 27 and Aug. 2, 2026, and increased its U.S. dollar reserve to $4 billion, the company disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission. The company held 842,138 BTC as of Aug. 2, 2026.

The bitcoin sales generated about $104.7 million at an average price of $63,957 per coin. Roughly $52.4 million of the proceeds went to preferred stock dividends and about $52.3 million was applied to repurchases of STRC preferred shares.

Executive Chairman Michael Saylor reported the company added $250 million to the dollar reserve and completed $81.2 million in STRC repurchases during the reporting period. The filing states the added cash extended the reserve’s duration by 57 days to approximately 2.3 years and improved STRC’s bitcoin credit metrics by five basis points.

Strategy also raised about $290.6 million by selling 3,011,361 shares of Class A common stock. The company directed $250 million of that amount into the dollar reserve, nearly $29 million to further STRC repurchases and the remainder to its cash balance. The filing reports the repurchase of 912,143 STRC preferred shares for roughly $81.2 million, leaving about $894 million available under the preferred repurchase authorization and $1 billion authorized for Class A repurchases.

After the transactions, Strategy’s bitcoin treasury stands at 842,138 BTC with an aggregate purchase price of about $63.5 billion and an average acquisition cost of $75,419 per bitcoin. The company maintained the annual 12% dividend rate on STRC; the filing states the $4 billion cash reserve is intended to fund preferred stock dividends and interest payments on outstanding debt.

The sale is the third bitcoin sale by Strategy in 2026. The company described the activity in its filing as part of a broader capital management strategy focused on liquidity, meeting preferred stock obligations and repurchases rather than near-term bitcoin accumulation. Future SEC filings and treasury updates will report any changes to the company’s capital allocation.