Strategy sold 1,690 Bitcoin to fund a repurchase of STRC shares, a transaction valued at approximately $108.6 million. Following the move, the company reported U.S. dollar reserves of $4.65 billion and Bitcoin holdings of 840,447 BTC.
Buyback funded by Bitcoin sale
The company executed a buyback of STRC shares using proceeds from the sale of 1,690 BTC. Based on the stated figures, the sale equates to roughly $108.6 million, indicating a conversion of a portion of its Bitcoin treasury to support capital management.
Reserves and holdings update
- Bitcoin sold: 1,690 BTC
- Estimated buyback value: approximately $108.6 million
- U.S. dollar reserves: $4.65 billion
- Remaining Bitcoin holdings: 840,447 BTC
Why it matters
Share repurchases can reduce the number of shares outstanding and often signal management’s confidence in the company’s outlook. Rebalancing a treasury between cash and Bitcoin may also reflect efforts to manage liquidity and volatility. Additional details, such as the timing of the BTC sale, execution prices, or the scope of future repurchases, were not provided.