Overview
- Company filings show Strategy sold 1,638 BTC between July 27 and Aug. 2, raising about $104.7 million that the firm says was split to pay preferred dividends and to repurchase STRC shares.
- Strategy reported holding 842,138 BTC and a U.S. dollar reserve near $4.0 billion after the transactions, with equity ATM issuances also used this quarter to raise cash.
- The BTC sold averaged roughly $63,957 per coin, which is materially below Strategy’s aggregate purchase price near $75,419 and means the company realized losses on those coins.
- On‑chain analytics flagged a separate 1,030 BTC transfer linked to a Strategy wallet on Aug. 5 but the company has not confirmed that the movement was a sale.
- The board approved a June Digital Credit Capital Framework that allows conditional monetization to cover dividends, reserves, or repurchases and markets are watching whether STRC’s below‑par trading and the 12% dividend rate force more sales.