Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve
Bitcoin Magazine Strategy Goes Another Week Without Buying — Or Selling — Bitcoin, Builds Up Cash Reserve Bitcoin treasury Strategy has gone another week without buying the leading cryptocurrency — but didn’t sell any this time. The Nasdaq-listed company said Monday in a regulatory filing that it had upped its cash buffer by selling 3,458,866 shares of MSTR common stock to generate $333.7 million. 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 Strategy used $52.4 million to pay dividends on its STRC preferred stock, then spent $132.2 million to buy the stock back.
It also added $149.1 million to its dollar reserve. Strategy — formerly MicroStrategy — has recently pivoted to common stock sales to build up its cash reserves, rather than buying Bitcoin.
It has halted its Bitcoin sales and even sold a chunk of its holdings over the past two months after aggressively buying in 2025. Strategy stock (Nasdaq: MSTR) has taken a hit in 2026, dropping over 60% year-to-date.
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