Strategy Dumps Another 1,690 BTC in Ongoing Bitcoin Sell-Off

So, this is what the 'Doing Business' message from yesterday meant.

The world’s largest corporate holder of bitcoin continues to offload portions of its cryptocurrency fortune.

In the latest example, the company sold another 1,690 BTC for $108.6 million and used the proceeds to repurchase 1.15 million STRC preferred shares. It also sold 6.59 million MSTR shares to raise $653.1 million and increase its USD reserve to over $4.6 billion.

Its total bitcoin stash has declined to 840,447 BTC, acquired for $63.36 billion at an average price of $75,385.

Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC’s BTC Credit by 10 bps. As of 8/9/26, we hold ₿840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR…

— Michael Saylor (@saylor) August 10, 2026

Today’s announcement from the company and its former CEO follows a hint by Saylor on X yesterday, in which he published Strategy’s numerous orange dots (representing all of its BTC purchases), with the cryptic text ‘Doing Business.’

Some analysts were quick to determine that the firm has resumed its bitcoin purchases after a hiatus of a month and a half. However, Lookonchain reported that a wallet linked to Strategy has sold another portion of BTC, just like it did during the previous week, and claimed that the message actually meant more offloads.

Meanwhile, H100 Group indeed resumed its BTC purchases, announcing a substantial acquisition of 2,455 units in the world’s first Bitcoin-for-Bitcoin transaction.

You may also like:

• H100 Group Nearly Triples Bitcoin Treasury With Record $154 Million Purchase
• BIP-110 Soft Fork Implodes: Mines Just Two Blocks Before Grinding to a Halt
• Michael Saylor Teases Strategy’s Next Bitcoin Move: Analysts Expect Another Sale

About the author