# Strategy Sells Another $109M in Bitcoin to Buy Back STRC

*Author: David Christopher*
*Published: Aug 10, 2026*
*Source: https://www.bankless.com/es/read/news/strategy-sells-another-109m-in-bitcoin-to-buy-back-strc*

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Michael Saylor’s Strategy sold another [1,690 BTC for $108.6 million](https://assets.contentstack.io/v3/assets/bltf8d808d9b8cebd37/blt5753b925d6f68e09/6a794ef9dcb43781cc2cf7c3/form-8-k_08-10-2026.pdf) last week, marking its second consecutive week of Bitcoin sales as the company continues actively managing its increasingly complicated capital stack.

- **Buying Back STRC:** Strategy used all $108.6 million from the BTC sale to repurchase roughly 1.15 million shares of STRC, which is nearing its $100 stated value. The purchases came at an average price of roughly $94.27 per share.
- **A Separate Bitcoin-sale Bucket:** Once again, these sales did not count towards [replenishing the USD Reserve](https://www.bankless.com/read/how-strategy-can-sell-billions-in-bitcoin) for funding dividend payments, but rather under the $1 billion Digital Credit Securities Repurchase Program. Strategy has now used $214.8 million of that particular authorization, leaving $785.2 million available, while its separate $1.25 billion allowance for selling BTC to build the USD Reserve remains untouched.
- **A Different Market Reaction:** Bitcoin briefly spiked around the time of Strategy's 7 a.m. CDT disclosure before reversing sharply, falling roughly 2% on the day to around $64K. That's a contrast from last week's sale disclosure, which Bitcoin largely shrugged off, even jumping on the announcement of the sale.
[How Strategy Can Sell Billions More in Bitcoin on BanklessStrategy sold $216M in Bitcoin to fund dividends but still reports full $1.25B reserve capacity. The build-versus-replenish loophole explained.![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/icon/favicon-32x32-6cd45e7d-8d4b-41d4-a6bb-a43767ce3fa4.png)BanklessDavid Christopher![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/thumbnail/how-strategy-can-sell-billions-in-bitcoin-1783454774-6fdd9b32-48e4-4a03-a476-dd109f7354b6.png)](https://www.bankless.com/read/how-strategy-can-sell-billions-in-bitcoin)