Strategy Completes Third Bitcoin Sale of 2026, Keeps 842,138 BTC

Strategy has completed its third bitcoin sale of 2026, raising its U.S. dollar reserve to $4 billion while maintaining one of the largest bitcoin treasuries in the world with 842,138 BTC.

The update follows Strategy’s latest treasury adjustments disclosed in a Form 8-K filed with the U.S. Securities and Exchange Commission. Rather than purchasing more bitcoin, the company focused on strengthening liquidity, supporting preferred stock obligations and repurchasing securities as part of its broader capital management strategy.

In addition to the bitcoin sale, Strategy generated about $290.6 million through sales of 3,011,361 shares of its Class A common stock. The company directed $250 million of those proceeds into its USD reserve, nearly $29 million toward additional STRC repurchases and the remaining funds to its cash balance.

Strategy also disclosed that it repurchased 912,143 STRC shares for approximately $81.2 million during the reporting period. After those purchases, nearly $894 million remains available under the preferred stock repurchase authorization, while $1 billion remains authorized for repurchases of the company’s Class A common stock.

For years, investors have associated Strategy with aggressive bitcoin accumulation under Saylor’s leadership. The latest filing shows that the company is now balancing that approach with broader treasury management, using a combination of bitcoin sales, equity issuance, and cash reserves to support preferred stock dividends, strengthen liquidity and manage outstanding securities.

Looking ahead, investors will likely watch whether Strategy resumes bitcoin purchases or continues prioritizing balance sheet management. Future SEC filings, treasury updates and any additional changes to its capital allocation strategy could provide the next indication of how the company plans to manage its record bitcoin holdings while meeting its financing commitments.