CoinTelegraph
Michael Saylor's Strategy Sells 1,638 Bitcoin to Fund Dividends and STRC Buybacks
August 3, 2026•09:27 AM
Michael Saylor's Strategy executed its second-largest Bitcoin sale of the year, offloading 1,638 BTC between July 27 and August 2 to fund dividend payments and STRC stock repurchases. The company sold the bitcoins at an average price of $63,957, raising a total of $104.7 million, according to an 8-K filing with the Securities and Exchange Commission. This strategic move demonstrates the flexibility of Strategy in managing its cryptocurrency portfolio, utilizing a portion of its digital assets to reward shareholders and strengthen its own capital position. Following the sale, the company still holds 842,138 bitcoins in its treasury, acquired at an aggregate cost of $63.5 billion, maintaining its position as one of the largest institutional Bitcoin holders in the market.
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