Strategy sold $109 million worth of Bitcoin and directed the proceeds into an STRC buyback. The company’s dollar reserve has topped $4.6 billion, while it also sold six times that amount in its own stock.
Strategy sold $109 million worth of Bitcoin and directed the proceeds into an STRC buyback. The company’s dollar reserve has topped $4.6 billion, while it also sold six times that amount in its own stock.
Strategy sold $109 million in Bitcoin, with the proceeds going toward a $109 million buyback of STRC. The move came as the company’s dollar reserve rose above $4.6 billion.
Strategy sold $109 million in Bitcoin, with the proceeds going toward a $109 million buyback of STRC. The move came as the company’s dollar reserve rose above $4.6 billion.
The development matters because Strategy is closely watched by crypto markets for how it manages Bitcoin exposure, cash reserves, and its own financing instruments. A Bitcoin sale by the company, paired with a targeted STRC buyback, gives readers a concrete view into how it is balancing crypto holdings with capital management.
According to the source material, the Bitcoin proceeds were fully directed into the STRC buyback. That detail is central: the transaction was not described as a general cash-raising move, but as a sale tied directly to repurchasing STRC.
The company also sold six times as much again in its own stock, according to the source summary. That adds another layer to the capital activity, showing that the Bitcoin sale happened alongside a larger stock sale.
For crypto readers, the headline point is not only the Bitcoin sale itself, but the broader structure around it: a growing dollar reserve, an STRC buyback, and continued equity sales. Together, those actions underline how major Bitcoin-holding companies can use multiple balance-sheet tools at once.
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