Strategy Boosts Cash Reserves After Bitcoin Sale

Strategy, Michael Saylor's company and the world's largest institutional bitcoin holder, sold 1,690 bitcoins for net proceeds of $108.6 million to reorganize part of its debt, according to an SEC filing on August 10, 2026. This unprecedented move breaks with the company's long-standing buy-and-hold strategy, reigniting debate on BTC's role in corporate finance.