What?! Again? Michael Saylor Just Sold Another 1,690 Bitcoin — Should BTC Holders Worry?

Michael Saylor has built his reputation around one of the most aggressive Bitcoin accumulation strategies in corporate history.

So when Strategy disclosed another sale of 1,690 BTC in August 2026, the reaction was predictable: if even Saylor’s company is selling Bitcoin, should ordinary BTC holders be worried? Michael Saylor did not sell 1,690 Bitcoin personally.

Strategy, the company he founded and currently serves as executive chairman, sold the BTC between August 3 and August 9. It received $108.6 million at an average price of $64,262 per Bitcoin. The proceeds were used to repurchase its STRC preferred stock.

Related: Is Michael Saylor Losing Faith in Bitcoin? Strategy Sells 3,588 BTC Worth $226M What Did Michael Saylor Actually Sell? Strategy sold 1,690 BTC between August 3 and August 9, reducing its Bitcoin holdings from 842,138 BTC to 840,447 BTC.