Strategy BTC Sale: 1,638 or 1,690 Coins? Reports Clash
CryptoBriefing and U.Today/CoinTurk both published on Aug 10 about a Strategy Bitcoin sale tied to an STRC buyback, but they describe different transactions as the latest news.
Original illustration, drawn for this story by AltcoinGordon.
CryptoBriefing and U.Today/CoinTurk both published on Aug 10 about a Strategy Bitcoin sale tied to an STRC buyback, but they describe different transactions as the latest news.
What all sources agree on
Strategy sold a portion of its Bitcoin holdings and used proceeds to buy back its STRC preferred stock.
A sale of 1,638 BTC for approximately $104.7 million at an average price of roughly $63,957 per coin occurred between July 27 and August 2.
Strategy has shifted from an accumulation-focused strategy to using Bitcoin holdings to support its preferred-stock capital structure.
Where the reports disagree
1Which transaction is the 'latest' sale being reported, and its size
The sale involved 1,638 BTC, generating approximately $104.7 million at an average price of roughly $63,957 per coin.
Strategy has announced another nine-digit Bitcoin sale, disposing of 1,690 BTC for $108.6 million as the company continues using its Bitcoin holdings to support its preferred-stock capital structure.
What would settle it: Strategy's Form 8-K filing dated August 10, 2026
2Size and allocation of the STRC buyback
Strategy Inc. has sold a portion of its Bitcoin holdings and used the proceeds to repurchase its own preferred stock, completing a $109 million buyback of its STRC securities. … Of the Bitcoin sale proceeds, $52.3 million was directed toward STRC repurchases, with the remaining $52.4 million covering preferred dividends.
The company used the funds generated from this sale to repurchase 1.152 million shares of its STRC preferred stock for the same amount, $108.6 million.
What would settle it: Strategy's Form 8-K filing dated August 10, 2026
What to make of it
Treat the 1,638 BTC/$104.7 million sale from July 27–August 2 as the point of agreement between all three outlets; the newer 1,690 BTC/$108.6 million transaction and its exact STRC buyback breakdown remain unresolved until the underlying Form 8-K is checked directly.
Treat the 1,638 BTC/$104.7 million sale from July 27–August 2 as the point of agreement between all three outlets; the newer 1,690 BTC/$108.6 million transaction and its exact STRC buyback breakdown remain unresolved until the underlying Form 8-K is checked directly.
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