Close Menu
    Facebook X (Twitter) Instagram
    Cloud Tech ReportCloud Tech Report
    • 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
    Cloud Tech ReportCloud Tech Report
    Home»Crypto News»Bitcoin»Strategy Stays Put on Bitcoin but Sells a Massive 3.46 Million Shares
    Bitcoin

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

    August 17, 2026
    Facebook Twitter Pinterest Telegram LinkedIn Tumblr WhatsApp Email
    Strategy STRC Offering Hits Record High in Single Day
    Share
    Facebook Twitter LinkedIn Pinterest Telegram Email
    aistudios




    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.

    Customgpt

    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

    frase
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Data of 54K Wallet Users Leaked, Clarity Odds Just 10%: Hodler’s Digest, Aug. 16

    August 17, 2026

    LINK and WLFI Post Double-Digit Gains Amid Market Drop

    August 16, 2026

    Bitcoin Mining Stocks Rise as Industry Chases AI Infrastructure

    August 16, 2026

    Bitcoin $1M By 2030 Is ‘Mathematically Impossible’ Says Markus Thielen

    August 15, 2026

    Non-Custodial Bitcoin Bridge Boltz Shuts Down After AI-Assisted Attacks

    August 14, 2026

    Bitcoin Mining Capacity Shifts as AI Data Center Demand Grows

    August 14, 2026
    aistudios
    Latest Posts

    5 Stocks I’m Buying NOW August 2026

    August 17, 2026

    Samsung health AI models analyse wearable biosignal data

    August 17, 2026

    Faceless YouTube Channels Will Never Be The Same After This AI

    August 17, 2026

    Top 5 AI Training Courses In 2026 | Best AI Training Programs To Get Hired In 2026 | Simplilearn

    August 17, 2026

    OpenAI AI Agents Hacking Incident Gets Worse – Sam Altman is Dangerous

    August 17, 2026
    kraken
    LEGAL INFORMATION
    • Privacy Policy
    • Terms Of Service
    • Social Media Disclaimer
    • DMCA Compliance
    • Anti-Spam Policy
    Top Insights

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

    August 17, 2026

    This public company quit solar for a $5 million Bitcoin bet, now it has just $166,000 in cash

    August 17, 2026
    kraken
    Facebook X (Twitter) Instagram Pinterest
    © 2026 CloudTechReport.com - All rights reserved.

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

    bitcoin
    Bitcoin (BTC) $ 64,248.00
    ethereum
    Ethereum (ETH) $ 1,906.25
    tether
    Tether (USDT) $ 0.999195
    bnb
    BNB (BNB) $ 604.61
    usd-coin
    USDC (USDC) $ 0.999587
    xrp
    XRP (XRP) $ 1.00
    solana
    Solana (SOL) $ 75.71
    tron
    TRON (TRX) $ 0.331086
    figure-heloc
    Figure Heloc (FIGR_HELOC) $ 1.01
    staked-ether
    Lido Staked Ether (STETH) $ 2,265.05