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Strategy Sells More Bitcoin, Stock to Bolster Cash Stockpile

Bloomberg Markets Monday 10 August 2026, 13:02 UTC By David Pan 1 min read
Key Points

Cryptocurrencies Strategy Sells More Bitcoin, Stock to Bolster Cash Stockpile Michael Saylor’s Strategy Inc. spent another week revising the company’s capital structure by selling more Bitcoin and common shares to bolster its cash reserve. The largest corporate holder of the digital asset on Monday said that in the seven days ended Aug. 9 it sold $108.6 million of Bitcoin, offloaded 6.6 million common shares worth around $653 million and repurchased $108.6 million of its Stretch, or STRC,...

Cryptocurrencies Strategy Sells More Bitcoin, Stock to Bolster Cash Stockpile Michael Saylor’s Strategy Inc. spent another week revising the company’s capital structure by selling more Bitcoin and common shares to bolster its cash reserve. The largest corporate holder of the digital asset on Monday said that in the seven days ended Aug. 9 it sold $108.6 million of Bitcoin, offloaded 6.6 million common shares worth around $653 million and repurchased $108.6 million of its Stretch, or STRC, preferred shares. Strategy owns about $58 billion in Bitcoin.
Bitcoin, Stock (ORG) Michael Saylor’s (PERSON) Strategy Inc. (ORG) Bitcoin (ORG) Stretch (ORG) STRC (ORG)
Originally published by Bloomberg Markets Read original →

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