Strategy Liquidates 1,638 Bitcoin to Support Dividends and Buybacks

WHO:

Cointelegraph - Michael Saylor’s Strategy is involved in the sale of Bitcoin.

WHAT:

Cointelegraph - Strategy sold 1,638 Bitcoin to fund dividend payments and repurchase its preferred STRC stock.

Techmeme - The sale of 1,638 Bitcoin was for approximately $104.7 million.

Techmeme - After the sale, Strategy's total Bitcoin holdings were reduced to 842,138, which is about 4% of the total Bitcoin supply.

Techmeme - Strategy reported a $10.9 billion paper loss at current Bitcoin prices.

WHERE:

Cointelegraph - The specific location of the sale is not mentioned, but it involves a financial transaction related to Bitcoin.

WHEN:

Techmeme - The sale is noted as the second-largest sale of the year.

WHY:

Cointelegraph - The purpose of the sale was to support dividend payments and stock repurchases.

HOW:

Cointelegraph - The method of funding involved liquidating Bitcoin holdings.

(UPDATED August 3, 2026 16:29 UTC)

Michael Saylor's Strategy has sold 1,638 Bitcoin for approximately $104.7 million to fund dividend payments and repurchase its preferred STRC stock. Following this transaction, Strategy's total Bitcoin holdings have decreased to 842,138, which represents about 4% of the total Bitcoin supply, while the company reported a significant paper loss of $10.9 billion at current Bitcoin prices. This sale marks the second-largest Bitcoin sale of the year, highlighting the ongoing financial maneuvers within the cryptocurrency market.