Strategy Sells 1,690 Bitcoin to Fund $108.6M STRC Buyback

Strategy sold 1,690 Bitcoin and used the proceeds to repurchase $108.6 million worth of STRC shares, according to the supplied source material. Following the transaction, the company’s US dollar reserve rose to $4.65 billion, while its Bitcoin holdings fell to 840,447 BTC.

The move matters because Strategy is closely watched by crypto market participants for its balance-sheet decisions around Bitcoin. A sale of this size, paired with a share repurchase, highlights how the company is managing liquidity, equity instruments and its large Bitcoin position at the same time.

The transaction also shows that Strategy’s Bitcoin holdings are not static. Even for a company known for accumulating BTC, treasury activity can include sales when management chooses to fund other corporate actions.

For readers tracking corporate Bitcoin adoption, the key figures are the reduction of 1,690 BTC, the $108.6 million STRC buyback and the resulting 840,447 BTC balance. The larger context is a company continuing to balance crypto holdings with dollar reserves and capital structure decisions.

The source material does not state a Bitcoin sale price, timing details beyond the reported transaction, or management commentary explaining the decision. As a result, the development should be read as a reported treasury move rather than a broader signal about Bitcoin markets.