{"id":641282,"date":"2026-08-10T12:53:51","date_gmt":"2026-08-10T12:53:51","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/08\/10\/strategy-turns-1690-btc-into-108-6m-strc-buyback\/"},"modified":"2026-08-10T12:53:51","modified_gmt":"2026-08-10T12:53:51","slug":"strategy-turns-1690-btc-into-108-6m-strc-buyback","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/08\/10\/strategy-turns-1690-btc-into-108-6m-strc-buyback\/","title":{"rendered":"Strategy turns 1,690 BTC into $108.6M STRC buyback"},"content":{"rendered":"<p><img decoding=\"async\" src=\"https:\/\/s3-images.ctmedia.io\/media\/article-covers\/hi-how-strategyb-turned-k-into-m-using-a-high-risk-high-precision-strategy-2.jpg\" alt=\"Strategy turns 1,690 BTC into $108.6M STRC buyback\" class=\"type:primaryImage\" \/><\/p>\n<p>Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC.<\/p>\n<p>Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock.<\/p>\n<p>The company sold 1,690 Bitcoin for $108.6 million between Aug. 3 and Aug. 9, <a href=\"https:\/\/www.sec.gov\/ix?doc=\/Archives\/edgar\/data\/0001050446\/000119312526341297\/mstr-20260810.htm\" rel=\"noopener noreferrer\" target=\"_blank\">according<\/a> to a Monday 8-K filing with the US Securities and Exchange Commission (SEC).<\/p>\n<p>Strategy used the proceeds to buy back 1.15 million shares of its STRC preferred stock for $108.6 million. STRC is a variable-rate preferred stock designed to pay monthly dividends.<\/p>\n<p><a href=\"https:\/\/cointelegraph.com\/markets\/strategy-sells-1690-btc-buy-back-108-6-million-strc\">Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Strategy sold 1,690 Bitcoin to repurchase STRC shares as its US dollar reserve rose to $4.65 billion and its Bitcoin holdings fell to 840,447 BTC. Strategy, which holds the largest corporate Bitcoin treasury, sold BTC for the second week in a row to repurchase its STRC preferred stock. The company sold 1,690 Bitcoin for $108.6 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":641283,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-641282","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/641282","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=641282"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/641282\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/641283"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=641282"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=641282"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=641282"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}