Between August 3-9, 2026, Strategy, the largest public bitcoin holder, sold 1,690 coins worth $108.6 million at an average price of $64,262 per unit. The proceeds were used to buy back preferred shares of the STRC series. Against the background of this news, the premarket stock prices reached $ 95.44, remaining below the nominal value of $ 100. Over the past six weeks, the company has sold a total of 6,916 BTC for $429.35 million without making a single purchase. Currently, Strategy has 840,447 bitcoins on its balance sheet, the total cost of acquiring which has reached $63.36 billion since 2020, with an average purchase price of $75,385 per coin.

In addition to crypto assets, Strategy maintains a significant fiat reserve of $4.65 billion. This stock is replenished mainly through the placement and sale of MSTR ordinary shares, the market value of which has decreased by almost 50% since May. It is noteworthy that it was the issue and sale of STRC preferred shares last year that allowed the company to purchase 112,910 bitcoins. However, since the price of STRCS fell below par, the company suspended their issuance. CEO Fong Le had previously promised that Strategy would regularly buy back these securities until their value returned to the nominal value of $100, which explains the current aggressive buyback policy.

The current buyback strategy is a continuation of the actions that began at the end of July, when the company conducted its first buyback, acquiring 288,930 STRC shares for $25 million. Last week, Strategy also sold 1,638 BTC for $104 million, after which another 1,030 coins were withdrawn from the reserve. These actions contrast with previous public assurances from the company's CEO, Michael Saylor, that Strategy would not sell bitcoins until their price dropped to $8,000. After the first sale in May, Sailor also promised that the company would buy 10-20 bitcoins for each one sold, but the current dynamics shows a net reduction in crypto assets in favor of strengthening fiat liquidity and stabilizing the value of preferred shares.

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The material has been prepared solely for informational purposes and does not constitute financial advice or recommendation.