{"id":46156,"date":"2026-08-10T12:20:14","date_gmt":"2026-08-10T12:20:14","guid":{"rendered":"https:\/\/financialrush.com\/?p=46156"},"modified":"2026-08-10T12:20:14","modified_gmt":"2026-08-10T12:20:14","slug":"strategy-dumps-another-1690-btc-in-ongoing-bitcoin-sell-off","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=46156","title":{"rendered":"Strategy Dumps Another 1,690 BTC in Ongoing Bitcoin Sell-Off"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tSo, this is what the &#8216;Doing Business&#8217; message from yesterday meant. \t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>The world\u2019s largest corporate holder of bitcoin continues to offload portions of its cryptocurrency fortune.<\/p>\n<p>In the latest example, the company sold another 1,690 BTC for $108.6 million and used the proceeds to repurchase 1.15 million STRC preferred shares. It also sold 6.59 million MSTR shares to raise $653.1 million and increase its USD reserve to over $4.6 billion.<\/p>\n<p>Its total bitcoin stash has declined to 840,447 BTC, acquired for $63.36 billion at an average price of $75,385.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"en\">Strategy increased its USD Reserve by $650M and repurchased $109M of <a href=\"https:\/\/x.com\/search?q=%24STRC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$STRC<\/a>. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC\u2019s BTC Credit by 10 bps. As of 8\/9\/26, we hold \u20bf840,447 in our BTC Reserve and $4.65B in our USD Reserve. <a href=\"https:\/\/x.com\/search?q=%24MSTR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\">$MSTR<\/a>\u2026<\/p>\n<p>\u2014 Michael Saylor (@saylor) <a href=\"https:\/\/x.com\/saylor\/status\/2086785552355860895?ref_src=twsrc%5Etfw\" target=\"_blank\">August 10, 2026<\/a><\/p>\n<\/blockquote>\n<p>Today\u2019s announcement from the company and its former CEO follows a hint by Saylor on X yesterday, in which he <a href=\"https:\/\/cryptopotato.com\/michael-saylor-teases-strategys-next-bitcoin-move-analysts-expect-another-sale\/\">published<\/a> Strategy\u2019s numerous orange dots (representing all of its BTC purchases), with the cryptic text \u2018Doing Business.\u2019<\/p>\n<p>Some analysts were quick to determine that the firm has resumed its bitcoin purchases after a hiatus of a month and a half. However, Lookonchain reported that a wallet linked to Strategy has sold another portion of BTC, just like it did during the previous week, and claimed that the message actually meant more offloads.<\/p>\n<p>Meanwhile, H100 Group indeed resumed its BTC purchases, <a href=\"https:\/\/cryptopotato.com\/h100-group-nearly-triples-bitcoin-treasury-with-record-154-million-purchase\/\">announcing<\/a> a substantial acquisition of 2,455 units in the world\u2019s first Bitcoin-for-Bitcoin transaction.<\/p>\n<h3 id=\"you-may-also-like\" class=\"heading-4\">You may also like:<\/h3>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<!-- Footer ad [js] --><\/p>\n<p><noscript><br \/>\n<a href=\"https:\/\/servedbyadbutler.com\/go2\/;ID=183000;size=0x0;setID=1321375\" target=\"_blank\"><\/a><br \/>\n<\/noscript><\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/strategy-dumps-another-1690-btc-in-ongoing-bitcoin-sell-off\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; So, this is what the &#8216;Doing Business&#8217; message from yesterday meant. The world\u2019s largest corporate holder of&hellip;\n","protected":false},"author":2,"featured_media":45936,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-46156","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/46156","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=46156"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/46156\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/45936"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=46156"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=46156"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=46156"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}