Bitcoin treasury Strategy has gone another week without buying the leading cryptocurrency \u2014 but didn\u2019t sell any this time.\u00a0<\/p>\n
The Nasdaq-listed company said<\/a> Monday in a regulatory filing that it had upped its cash buffer by selling 3,458,866 shares of MSTR common stock to generate $333.7 million.\u00a0<\/p>\n Strategy added $150M to its USD Reserve and repurchased $132M of $STRC<\/a>, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps). As of 8\/16\/26: \u20bf840,447 BTC Reserve; $4.8B USD Reserve. $MSTR<\/a> https:\/\/t.co\/kNWPowilmT<\/a><\/p>\n \u2014 Michael Saylor (@saylor) August 17, 2026<\/a><\/p><\/blockquote>\n <\/template><\/template> <\/div>\n<\/figure>\n Strategy used $52.4 million to pay dividends on its STRC preferred stock, then spent $132.2 million to buy the stock back. It also added $149.1 million to its dollar reserve.<\/p>\n Strategy \u2014 formerly MicroStrategy \u2014 has recently pivoted to common stock sales to build up its cash reserves, rather than buying Bitcoin. <\/p>\n It has halted its Bitcoin sales and even sold a chunk of its holdings over the past two months after aggressively buying in 2025.\u00a0<\/p>\n Strategy stock (Nasdaq: MSTR) has taken a hit in 2026, dropping over 60% year-to-date. At a little over $95 a pop, it is currently trading nearly 80% below its 2024 record.\u00a0<\/p>\n The company started buying Bitcoin in 2020 as a way to protect shareholder returns. It has since become the largest corporate holder of Bitcoin, with 840,447 coins worth $53.4 billion, acquired at an average price of $63,357, according<\/a> to its website.\u00a0<\/p>\n Despite focusing on its cash buffer, Strategy has reassured investors that its long-term posture toward Bitcoin is still the same. CEO Phong Le said<\/a> earlier this month that he isn\u2019t worried about the current bear market, and that the company plans to remain a long-term buyer of Bitcoin despite its recent sales.<\/p>\n \u201cWe\u2019re the J.P. Morgan of the crypto economy, so whether we sell 1,000 Bitcoin out of 840,000 to me is irrelevant to the conversation,\u201d Le said.\u00a0<\/p>\n Strategy\u2019s approach has spawned a wave of copycat companies that have since adopted similar crypto-treasury strategies of their own.<\/p>\n<\/p><\/div>\n\n
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