Decrypt
Saylor Sells Bitcoin Again: $104M Circular Strategy to Buy More BTC
August 4, 2026•09:33 AM
Michael Saylor, MicroStrategy CEO, sold another $104 million worth of Bitcoin last week as part of a circular strategy to support STRC, a financial product designed to help the company purchase even more Bitcoin. This move continues Saylor's pattern of strategic Bitcoin sales while maintaining his bullish stance on the cryptocurrency's long-term value.
The approach highlights how institutional players are increasingly creating sophisticated financial structures to accumulate Bitcoin without directly selling core holdings. Market observers are watching closely to see if this circular strategy becomes a template for other companies seeking exposure to Bitcoin while managing liquidity needs. Saylor's actions continue to shape market narratives around Bitcoin adoption and corporate treasury strategies.
This is a summarized and adapted version by Artificial Intelligence. To read the complete original story, visit the official source.
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