Strategy Sells 1,690 Bitcoin, Raises $653.1 Million Through MSTR Stock Sales

Strategy’s Bitcoin treasury company Strategy sold 1,690 bitcoin for $108.6 million and used the proceeds to repurchase 1.15 million STRC preferred shares, while also raising $653.1 million through MSTR stock sales.

“Strategy sold 1,690 bitcoin for $108.6 million”

@coindesk

In the same sequence of transactions, Strategy increased its USD reserve to $4.65 billion as of Aug. 9 and reduced its bitcoin holdings to 840,447 BTC.

@coindesk

CoinDesk said Strategy’s STRC rebounds 30% as the company builds a cash reserve and bitcoin price stabilizes above $60,000, with STRC trading near $94 after climbing more than 30% from its late-June low.

CoinDesk also tied the recovery to bitcoin sales, saying Strategy has sold 5,226 BTC for $321 million across three separate transactions, reducing its bitcoin holdings from 847,363 BTC to approximately 842,137 BTC.

CoinDesk added that Strategy maintained STRC’s annualized dividend rate at 12% while it repurchased $106 million of the preferred stock.

Reuters, as cited by Al-Joureyda Al-Mal, said Strategic for Digital Currencies created a new cash liquidity pool in a regulatory filing and named the reserve “cash in dollars,” separate from another reserve earmarked to fund dividends on its preferred shares and to service existing debt interest.

Al-Joureyda Al-Mal described the reserve as giving “greater flexibility in use,” with funds directed toward buying Bitcoin, executing share buybacks, or financing other institutional needs and events.

@coindesk

Cointelegraph said Strategy launched a $1.59 billion cash pool after raising $2 billion from MSTR stock sales, while making no new Bitcoin purchases and keeping holdings at 840,447 BTC.C

Cointelegraph reported that Strategy reported $5.1 billion in its reserve and $1.59 billion in the new cash account as of Sunday, bringing total cash across the two pools to $6.69 billion.C

Cointelegraph also said the company’s new cash account gives management more flexibility to respond to market conditions and can fund purposes including Bitcoin purchases, preferred-stock dividends, debt payments and securities repurchases. C

CoinDesk said Strategy is eyeing Sept. 8 as a potential date for the preferred stock to return to its $100 par value after it took 70 trading days for the security to reach par after trading at $90 in July 2025.

“eyeing Sept. 8 as a potential date”

@coindesk

CoinDesk also said Strategy increased its U.S. dollar reserve by another $250 million on Monday, bringing the total to $4 billion, which provides approximately 2.3 years of coverage for dividend obligations on its preferred securities.

Arkham reported that Strategy executed the BTC sale between Aug. 3 and Aug. 9 at an average price of $64,262 per bitcoin and sold 6,585,682 MSTR shares for $653.1 million.

Arkham added that Strategy’s USD now sits at $4.65 billion and that it restricted its fiat reserve to preferred stock dividends and interest payments only under its Digital Credit Capital Framework.

Arkham said STRC came away from its par value of $100, going as low as $75, and that it is now at $95 following the latest sale.