Strategy trims Bitcoin hoard again, offloads 1,638 BTC for $104.7M

Strategy sold 1,638 BTC for about $104.7 million between July 27 and Aug. 2 at an average price of roughly $63,957, reducing its BTC holdings to 843,138 BTC (about 4% of the 21 million supply). Proceeds funded distributions on STRC and STRC buybacks, and the firm also sold 3,011,361 MSTR shares for about $290.6 million while boosting its USD reserve. Bitcoin traded near $62,400 after the filing, and the position carries roughly $10.9 billion in unrealized losses as Q2 results show an $8.2 billion hit from BTC declines.