Bitcoin treasury company Strategy (MSTR) sold 1,638 BTC for approximately $104.7 million last week, according to an 8-K filing with the Securities and Exchange Commission on Monday.
The firm said it sold the assets between July 27 and Aug. 2 at an average price of $63,957 per bitcoin.
Strategy has therefore reduced its total holdings to 842,138 BTC — worth approximately $52.6 billion — bought at an average price of $75,419 per bitcoin for a total cost of around $63.5 billion, including fees and expenses, according to the company's co-founder and executive chairman, Michael Saylor.
Proceeds from the sales were used to fund payment of distributions on preferred stock and to fund repurchases of STRC.
Strategy's holdings are still equivalent to around 4% of bitcoin's 21 million supply cap but carry roughly $10.9 billion of paper losses at current prices.
Bitcoin fell slightly to around $62,400 immediately following the filing, per The Block's BTC price page. MSTR shares are currently down 1.7% in pre-market trading.
© 2026 Active Investors Club. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
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