Strategy Sells 6,948 Bitcoin This Year, Retains 840,000 Holdings

Strategy offloads 6,948 Bitcoin for $432.5M this year to fund dividends and buybacks, maintaining a massive 840,000 Bitcoin reserve valued at $53.6B.

Woofun AI reports that Strategy sold 1,690 Bitcoin worth approximately $108.6 million last week, bringing its total sales for the year to 6,948 Bitcoin valued at around $432.5 million. The company retains over 840,000 Bitcoin, currently valued at about $53.6 billion. Under the Digital Credit Capital Framework introduced in late June, Strategy is authorized to sell up to $1.25 billion worth of Bitcoin to replenish dollar reserves, pay preferred share dividends and interest, and execute share buybacks. By August 2, dollar reserves had reached $4 billion, with recent proceeds utilized for preferred stock dividends and STRC share repurchases. In May, the firm sold 32 Bitcoin, marking its first sale since 2022; subsequently, STRC shares dropped below $100, limiting new issuance capabilities.