Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares
After a couple of gross sales introduced in August, Michael Saylor’s NASDAQ-listed entity didn’t make any Bitcoin strikes, but it elevated its USD reserve by $150 million.
As such, its whole stash stays at 840,447 BTC, at present valued at round $53.3 billion. The agency has amassed its crypto fortune for roughly $10 billion greater than the present worth, and its common worth is $75,385 per unit.
Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps). As of 8/16/26: ₿840,447 BTC Reserve; $4.8B USD Reserve. $MSTR https://t.co/kNWPowilmT
— Michael Saylor (@saylor) August 17, 2026
Aside from the rising USD reserve and increasing the dividend payout period to 2.8 years, the corporate mentioned it has repurchased over $130 million price of STRC.
STRC ended final week at round $95, because it continues to recuperate from its dip to $75. However, it’s nonetheless inches away from its par worth of $100.
The excellent news for the cryptocurrency neighborhood this week is that the biggest company holder of BTC didn’t promote any, not like the earlier week when it offloaded 1,690 items.
Meanwhile, Strategy CEO Phong Le indicated final week that the corporate nonetheless plans to renew its Bitcoin purchases quickly, and it may begin by the top of the yr.
The submit Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares appeared first on CryptoPotato.
