Published Aug 3, 2026, 8:07 AM ET · Updated 3 months ago · 1 source
THE BLOCK: Strategy sold 1,638 BTC for $104.7 million last week, reducing its bitcoin holdings to 842,138 BTC, according to an SEC filing. The company said roughly half the proceeds funded preferred stock dividends, with the remainder used to repurchase STRC preferred shares under its Digital Credit Securities Repurchase Program.
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THE BLOCK: Strategy sold 1,638 BTC for $104.7 million last week, reducing its bitcoin holdings to 842,138 BTC, according to an SEC filing. The company said roughly half the proceeds funded preferred stock dividends, with the remainder used to repurchase STRC preferred shares under its Digital Credit Securities Repurchase Program.