Bullish

Strategy Bitcoin Holdings Drop to 840,447 Coins, Reserve Value Hits $54.56B

06:11

Strategy holds 840,447 Bitcoin worth $54.56B after selling 1,690 coins for $108.6M profit. Proceeds funded $108.6M STRC preferred stock buyback.

Woofun AI data shows that Strategy currently holds 840,447 Bitcoin, with a total reserve value of approximately $54.56 billion as of August 10. The aggregate purchase cost stands at roughly $63.36 billion, resulting in an average acquisition price of $75,385 per coin. The firm maintains $4.65 billion in cash reserves, alongside $6.75 billion in debt and $15.24 billion in preferred stocks.

Michael Saylor described Bitcoin as an engineering solution for storing and transferring economic value, citing its digital scarcity, proof of work, and private key system as foundational elements. Between August 3 and 9, Strategy sold 1,690 Bitcoin for a net profit of $108.6 million, utilizing the proceeds to repurchase 11,520,200 shares of STRC preferred stock.

WOOFUN AI

Impact Assessment · Quick Read

The reduction in Bitcoin holdings indicates active treasury management rather than passive accumulation, as profits from spot sales are immediately recycled into equity buybacks. This strategy supports STRC share price while maintaining a substantial Bitcoin core position. The significant unrealized loss relative to purchase cost highlights the volatility risk inherent in large-scale corporate crypto holdings.
Generated by WOOFUN AI · For reference only, not investment advice

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