Strategy Sells 1,690 Bitcoin to Fund Preferred Stock Buyback

Strategy, the publicly traded company with the largest corporate Bitcoin treasury, has sold 1,690 Bitcoin for approximately $108.6 million to fund the repurchase of its preferred stock, according to a regulatory filing. The transaction, disclosed in a Form 8K filed with the U.S. Securities and Exchange Commission on August 10, 2026, occurred between August 3 and August 9. The company used the entire proceeds to buy back 1,152,020 shares of its STRC variable-rate preferred stock.

This marks the second consecutive week of Bitcoin sales used to finance STRC repurchases and is the fourth disclosed Bitcoin sale by the company in 2026. The sales have brought the total Bitcoin disposed of this year to 6,948 BTC. Despite the ongoing sales, Strategy retains its position as the largest corporate holder of Bitcoin, with a current treasury of 840,447 BTC. These holdings were acquired at an aggregate cost of $63.36 billion, representing an average purchase price of $75,385 per Bitcoin. The latest batch was sold at an average net price of $64,262 per coin.

The repurchase program is part of a broader capital framework announced in June. Following this transaction, Strategy has $785.2 million...