Back to all news
Bitcoin

Strategy (MSTR) Stock Sells Bitcoin for Second Week to Repurchase STRC Preferred Stock

CoinCentral·August 11, 2026·1 min read
Strategy (MSTR) Stock Sells Bitcoin for Second Week to Repurchase STRC Preferred Stock

Strategy sold 1,690 BTC for $108.6 million to repurchase 1.15 million STRC preferred stock units. Total Bitcoin sales in 2026 stand at 6,948 BTC, while holdings remain at 840,447 BTC. The company's US dollar reserve climbed to $4.65 billion, covering roughly 2.7 years of dividends, according to CEO Phong Le.

Read at CoinCentral
Daily crypto arcade

Read the news, then play it.

Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.

Open ChainshortsGet it on the Solana dApp Store