Major Player Saylor Intensifies Bitcoin Sell-Off: MicroStrategy Announces Another Large-Scale BTC Sale!

cryptonews.ruPublished on 2026-08-10Last updated on 2026-08-10

Abstract

Strategy, the world's largest publicly traded holder of Bitcoin, has announced another major sale. Founder Michael Saylor stated the company sold 1,690 BTC for approximately $108.6 million between August 3rd and 9th, at an average price of $64,262 per Bitcoin. This sale marks the fourth consecutive week of selling, bringing Strategy's total Bitcoin holdings down to 840,447 BTC. The company has not purchased any BTC for approximately seven weeks. The stated purpose of the sale is to fund dividends for preferred shares and to repurchase its STRC shares. During the same period, Strategy raised $653.1 million through the sale of MSTR shares, using $109 million of that for the STRC share buyback. Following these actions, Strategy's US dollar reserves have grown to approximately $4.65 billion. The company reports this extends the period it can pay dividends using these dollar reserves by 143 days, to a total of 2.7 years. The moves also reportedly reduced the Bitcoin-backed loan burden for STRC by 10 basis points.

MicroStrategy, the world's largest publicly traded holder of Bitcoin, has announced another sale.

According to a statement from the company's founder, Michael Saylor, the company sold 1,690 bitcoins for approximately $108.6 million.

From August 3rd to August 9th, the company generated revenue of $108.6 million from sales executed at an average price of $64,262 per bitcoin.

MicroStrategy announced the sale of $BTC to fund dividends on preferred shares and the repurchase of MSTR stock.

In this context, the company also began August with sales, and the total number of bitcoins it owns has decreased to 840,447. Thus, MicroStrategy, which made no purchases in July, has not purchased $BTC for approximately 7 weeks, and this latest sale marks the fourth consecutive week of selling.

During the same period, the company also raised $653.1 million through the sale of MSTR shares. Of these funds, $109 million were used to repurchase MSTR stock.

According to MicroStrategy's statement, the company's dollar reserves also increased, reaching approximately $4.65 billion. This means the period for which dividends can be paid using dollar reserves has extended by 143 days, to 2.7 years.

"MicroStrategy increased its US dollar reserves by $650 million and repurchased $109 million worth of MSTR stock. This extended the life of the US dollar credit by 143 days, to 2.7 years, and reduced the amount of Bitcoin ($BTC) debt for MSTR by 10 basis points. As of August 9, 2026, our Bitcoin ($BTC) reserves hold 840,447 $BTC, while our US dollar reserves are $4.65 billion."

*This is not investment advice.

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Related Questions

QWhich company is the world's largest publicly traded holder of Bitcoin and recently announced another sale?

AThe company is Strategy.

QHow many Bitcoins did Strategy sell between August 3rd and 9th, and for what total approximate amount?

AStrategy sold 1,690 Bitcoins for approximately $108.6 million during that period.

QWhat was the stated reason for Strategy's recent sale of Bitcoin?

AStrategy sold Bitcoin to fund preferred stock dividends and the buyback of STRC shares.

QWhat were the company's Bitcoin and U.S. dollar reserve amounts as stated in the report from August 9th?

AAs of August 9th, Strategy's Bitcoin reserves were 840,447 BTC and its U.S. dollar reserves were approximately $4.65 billion.

QFor how many consecutive weeks has Strategy been selling Bitcoin according to the article?

AThe article states this latest sale marks the fourth consecutive week of sales.

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