Strategy turns 1,690 BTC into $108.6M STRC buyback

CryptoInfo Editorial Team · Published on August 10, 2026 at 12:36 · Updated on August 10, 2026 · 1 min read

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Key Takeaways

→Strategy sold 1,690 Bitcoin to repurchase STRC shares.
→The company's US dollar reserve rose to $4.65 billion after the transaction.
→Strategy's Bitcoin holdings fell to 840,447 BTC.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

According to reporting from CoinTelegraph, Strategy has sold 1,690 Bitcoin to repurchase STRC shares. This move has increased the company's US dollar reserve to $4.65 billion and reduced its Bitcoin holdings to 840,447 BTC.

The sale of 1,690 BTC was used to buy back $108.6 million in STRC shares. This transaction highlights the company's ability to manage its assets and make strategic decisions regarding its holdings.

Source: CoinTelegraph ↗

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