Strategy sells US$108.6M Bitcoin for buyback

• Strategy sold US$108.6 million of Bitcoin to help fund an STRC preferred share buyback.
• The sale reduced the company’s Bitcoin holdings by a small amount.
• The move shows the company is using Bitcoin as part of its broader capital strategy.

Strategy sold US$108.6 million of Bitcoin (CRYPTO:BTC) to help fund a buyback of its STRC preferred shares.

The sale reduced the company’s Bitcoin holdings by a small amount during the reporting period.

The company said the transaction was part of its capital management strategy.

Strategy used part of the proceeds to repurchase STRC preferred shares while keeping most of its Bitcoin holdings.

The company said future capital decisions will depend on market conditions and corporate priorities.

Strategy remains one of the largest corporate holders of Bitcoin among public companies.

The company has regularly used equity, debt and treasury transactions to manage its capital structure and Bitcoin strategy.