Strategy, Michael Saylor’s company, sold 1,638 BTC on August 2, 2026, increasing its USD reserve by $250 million and repurchasing $81 million of STRC shares. This operation was funded by the Bitcoin sale as well as by issuing new MSTR shares for $290 million. As of August 2, 2026, Strategy holds 842,138 BTC valued at approximately $63.69 billion. The July sale marked a turning point, with Strategy divesting 3,588 BTC at an average price near $60,000, realizing a loss of $203 million and ending four years of commitment to never sell Bitcoin. Strategy’s public communication regarding Bitcoin has become more ambiguous, with contradictory signals about its intentions.
Source: Read the original article

