Strategy sold $395 million in Bitcoin and MSTR stock between July 27 and August 2, including 1,638 BTC for $104.7 million and issuing 3.01 million MSTR shares for $290.6 million. The company used $81.2 million to repurchase 912,143 STRC shares in an effort to restore the preferred stock to its $100 par value, targeting a return to par by September. Strategy also completed a $4 billion cash reserve to cover approximately 27 months of preferred dividend and debt interest payments. The moves extended its Bitcoin acquisition pause to six consecutive weeks, the longest since 2024, as the company redirects capital toward supporting its preferred securities. Strategy remains the largest corporate Bitcoin holder with 842,138 BTC, acquired for $63.51 billion at an average price of $75,419.
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