{"id":76911,"date":"2026-08-17T13:03:39","date_gmt":"2026-08-17T13:03:39","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/strategy-holds-bitcoin-at-840447-btc-as-cash-reserve-hits-4-8b\/"},"modified":"2026-08-17T13:03:39","modified_gmt":"2026-08-17T13:03:39","slug":"strategy-holds-bitcoin-at-840447-btc-as-cash-reserve-hits-4-8b","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/strategy-holds-bitcoin-at-840447-btc-as-cash-reserve-hits-4-8b\/","title":{"rendered":"Strategy Holds Bitcoin at 840,447 BTC as Cash Reserve Hits $4.8B"},"content":{"rendered":"<p><b>(Originally posted on : Bitcoin News )<\/b><br \/>\n<\/p>\n<div>\n<div class=\"@container mb-[25px] rounded-sm overflow-clip py-0.5 pr-0.5 pl-2.5 bg-success-100\">\n<div class=\"flex flex-col gap-m overflow-clip rounded-[6px] !bg-success-10 p-3 @[420px]:p-m\">\n<h2 class=\"m-0 flex items-center gap-s text-[19px] !text-[#1c1c1c] md:text-[20px]\"><svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"16\" height=\"10\" viewbox=\"0 0 16 10\" fill=\"none\" class=\"shrink-0 text-success-100\" aria-hidden=\"true\"><path d=\"M1 1.5h14\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><path d=\"M1 8.5h10\" stroke=\"currentColor\" stroke-width=\"2.5\" stroke-linecap=\"round\"\/><\/svg><span>Key Takeaways<\/span><\/h2>\n<ul class=\"m-0 flex list-none flex-col gap-m pl-0\">\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">Strategy made no bitcoin purchases or sales from Aug. 10-16.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">MSTR stock sales generated $333.7 million in net proceeds.<\/span><\/li>\n<li class=\"m-0 flex items-start gap-s !text-[#434248]\"><span class=\"mt-2 size-2 shrink-0 rounded-full bg-success-100\" aria-hidden=\"true\"\/><span class=\"text-body\">The company repurchased 1.39 million STRC shares for $132.2 million.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Strategy Leaves Bitcoin Holdings Unchanged<\/h2>\n<p>Strategy Inc. (Nasdaq: MSTR) <a href=\"https:\/\/www.sec.gov\/Archives\/edgar\/data\/1050446\/000119312526353240\/mstr-20260817.htm\" target=\"_blank\" rel=\"noopener noreferrer\">filed a Form 8-K with the U.S. Securities and Exchange Commission (SEC)<\/a> on Aug. 17 stating that it made no bitcoin purchases or sales between Aug. 10 and Aug. 16. The SEC filing left holdings at 840,447 BTC, acquired for $63.36 billion at an average price of $75,385 per bitcoin, including fees and expenses.<\/p>\n<p>The company sold 3,458,866 MSTR shares through its at-the-market program, producing $333.7 million in net proceeds. Strategy directed $149.1 million into its dollar reserve, spent $132.2 million repurchasing 1,388,720 STRC shares and used $52.4 million to fund dividends on the preferred stock.<\/p>\n<p>Michael Saylor, Strategy\u2019s executive chairman, <a href=\"https:\/\/x.com\/saylor\/status\/2089322293822468601\" target=\"_blank\" rel=\"noopener noreferrer\">shared in an Aug. 17 post on X<\/a>:<\/p>\n<blockquote>\n<p>\u201cStrategy added $150M to its USD Reserve and repurchased $132M of STRC, extending USD Duration to 2.8 yrs (+41 days) \u2026 As of 8\/16\/26: 840,447 BTC Reserve; $4.8B USD Reserve.\u201d<\/p>\n<\/blockquote>\n<p>A <a href=\"https:\/\/www.bitcoin.com\/get-started\/bitcoin\/buying-spending\/what-is-a-bitcoin-corporate-treasury\/\" target=\"_blank\" rel=\"noopener noreferrer\">bitcoin corporate treasury<\/a> holds BTC as a balance-sheet reserve asset and can finance that position through stock sales, debt or preferred securities. Strategy\u2019s structure also creates recurring dividend and interest obligations, making its dollar reserve a separate liquidity buffer rather than another measure of its bitcoin holdings.<\/p>\n<p>STRC is <a href=\"https:\/\/www.strategy.com\/strc\/learn\" target=\"_blank\" rel=\"noopener noreferrer\">Strategy\u2019s Variable Rate Series A Perpetual Stretch Preferred Stock<\/a>, which trades on Nasdaq under the STRC ticker. Strategy adjusts its annualized dividend rate monthly after reviewing market conditions, bitcoin volatility, reserve coverage and other factors. The company targets a trading range of approximately $99 to $100, although dividends require board declaration and are not guaranteed.<\/p>\n<h2>Dollar Reserve Reaches $4.8 Billion<\/h2>\n<p>Strategy established its <a href=\"https:\/\/www.strategy.com\/press\/strategy-announces-digital-credit-capital-framework_06-29-2026\" target=\"_blank\" rel=\"noopener noreferrer\">Digital Credit Capital Framework<\/a> on June 29 with a $2.55 billion reserve and a minimum coverage policy. The reserve may support preferred-stock dividends and interest on outstanding debt, while other uses require board authorization. The framework also authorized as much as $1 billion in digital credit security repurchases.<\/p>\n<p>The dollar balance had <a href=\"https:\/\/news.bitcoin.com\/featured\/strategy-usd-reserve-hits-all-time-high-after-5x-growth-btc-sale\/\">already reached a record<\/a> $4.65 billion by Aug. 9 after expanding more than fivefold in approximately 2.5 months. Strategy then added another $149.1 million during the latest reporting period, lifting the total to $4.8 billion, including proceeds from unsettled MSTR share sales.<\/p>\n<p>Saylor separately explained that <a href=\"https:\/\/x.com\/saylor\/status\/2089322295667867775\" target=\"_blank\" rel=\"noopener noreferrer\">Strategy calculated STRC\u2019s BTC Credit through an internal model<\/a> using an assumed 10% annual bitcoin return, 40% bitcoin volatility and a bitcoin price of $62,893. The calculation is a company-defined scenario based on selected inputs, not an external credit rating or an observed measure of STRC\u2019s market performance.<\/p>\n<h2>STRC Repurchases Expand as Market Pressures Persist<\/h2>\n<p>Strategy repurchased 1,388,720 STRC shares for $132.2 million during the Aug. 10-16 period. The SEC filing said $653 million remained available under its digital credit securities repurchase program. The company previously identified STRC as its initial priority if management determines that repurchases are accretive and would strengthen the company\u2019s capital structure. No MSTR common shares were repurchased, leaving the separate $1 billion authorization fully available.<\/p>\n<p>The buyback followed <a href=\"https:\/\/news.bitcoin.com\/featured\/saylor-bitcoin-drops-47-while-strategys-strc-gains-9-in-a-year\/\">Saylor\u2019s disclosure that STRC recorded a 9% one-year return<\/a> through Aug. 14, including cash dividends and distributions, while bitcoin declined 47%. STRC remains a variable-rate perpetual preferred stock whose dividends require board declaration and legally available funds.<\/p>\n<p>The company\u2019s capital decisions are also unfolding as Strategy <a href=\"https:\/\/news.bitcoin.com\/featured\/strategy-pushes-back-on-msci-plan-to-drop-mstr-from-global-indexes\/\">opposes an MSCI eligibility proposal<\/a> that could remove MSTR from global equity indexes. The consultation remains unresolved, with feedback due Sept. 30 and results expected by Oct. 16. Any adopted change would enter the November index review.<\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/news.bitcoin.com\/featured\/strategy-holds-bitcoin-at-840447-btc-as-cash-reserve-hits-4-8b\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Bitcoin News ) Key Takeaways Strategy made no bitcoin purchases or sales from Aug. 10-16. MSTR stock sales generated $333.7 million in net proceeds. The company repurchased 1.39 million STRC shares for $132.2 million. Strategy Leaves Bitcoin Holdings Unchanged Strategy Inc. (Nasdaq: MSTR) filed a Form 8-K with the U.S. Securities [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":76912,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[32],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76911"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=76911"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/76911\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/76912"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=76911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=76911"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=76911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}