Close Menu
    Facebook X (Twitter) Instagram
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Facebook X (Twitter) Instagram
    Deep Tech Ledger
    • Home
    • Crypto News
      • Bitcoin
      • Ethereum
      • Altcoins
      • Blockchain
      • DeFi
    • AI News
    • Stock News
    • Learn
      • AI for Beginners
      • AI Tips
      • Make Money with AI
    • Reviews
    • Tools
      • Best AI Tools
      • Crypto Market Cap List
      • Stock Market Overview
      • Market Heatmap
    • Contact
    Deep Tech Ledger
    Home»Crypto News»Bitcoin»Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares
    Strategy STRC Offering Hits Record High in Single Day
    Bitcoin

    Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares

    August 17, 20262 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email
    murf




    The company expanded its USD reserve and repurchased more shares of STRC.

    After a couple of sales announced in August, Michael Saylor’s NASDAQ-listed entity did not make any Bitcoin moves, but it increased its USD reserve by $150 million.

    As such, its total stash remains at 840,447 BTC, currently valued at around $53.3 billion. The firm has accumulated its crypto fortune for roughly $10 billion more than the current value, and its average price is $75,385 per unit.

    ledger

    Strategy added $150M to its USD Reserve and repurchased $132M of $STRC, extending USD Duration to 2.8 yrs (+41 days) and tightening STRC BTC Credit to 114 bps (-4 bps). As of 8/16/26: ₿840,447 BTC Reserve; $4.8B USD Reserve. $MSTR https://t.co/kNWPowilmT

    — Michael Saylor (@saylor) August 17, 2026

    Aside from the growing USD reserve and extending the dividend payout duration to 2.8 years, the company said it has repurchased over $130 million worth of STRC.

    STRC ended last week at around $95, as it continues to recover from its dip to $75. However, it’s still inches away from its par price of $100.

    The good news for the cryptocurrency community this week is that the largest corporate holder of BTC didn’t sell any, unlike the previous week when it offloaded 1,690 units.

    Meanwhile, Strategy CEO Phong Le indicated last week that the company still plans to resume its Bitcoin purchases soon, and it could start by the end of the year.

    You may also like:



    Source link

    murf
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    CryptoExpert
    • Website

    I’m someone who’s deeply curious about crypto and artificial intelligence. I created this site to share what I’m learning, break down complex ideas, and keep people updated on what’s happening in crypto and AI—without the unnecessary hype.

    Related Posts

    Bitcoin Reacts to Bessent Bond Comments as Monthly Close Volatility Starts

    August 31, 2026

    Robinhood Chain App Revenue Beats Ethereum, Hyperliquid

    August 31, 2026

    BitGo Buys NYDIG’s Institutional Trading Arm for $7M Cash and $35.5M in Stock

    August 30, 2026

    Bitcoin ETFs Post $202M Outflow After 9-Day Inflow Run

    August 30, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    frase
    Latest Posts

    Helius CEO Secures Last-Minute Votes to Slash Solana Inflation

    August 31, 2026

    OpenClaw Releases OpenClaw 2.0: Guided Model Setup, 575 ms Control UI Startup, and One Trust Boundary Per Gateway

    August 31, 2026

    Robinhood Chain App Revenue Beats Ethereum, Hyperliquid

    August 31, 2026

    Microsoft Certified Generative AI and Agentic AI Course | With Production Grade Projects and AI Labs

    August 31, 2026

    Which AI Teeth Hacks Cause Cavities!?

    August 30, 2026
    changelly
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

    Ontology halts mainnet transactions as technical team investigates potential security issue

    August 31, 2026

    Bitmine Extends Ether Buying Streak to 65 Weeks

    August 31, 2026
    aistudios
    Facebook X (Twitter) Instagram Pinterest
    © 2026 DeepTechLedger.com - All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.