Michael Saylor’s company sold 1.7 thousand BTC for $108.6 million. After its fourth sale in 2026, Strategy reduced its BTC holdings to 840.4 thousand BTC ($53.4 billion), or 4% of all coins. The unrealized loss on BTC purchases stands at $10.3 billion (19.3%). Strategy also sold $653.1 million worth of its common MSTR shares. The company used the proceeds from these sales to redeem STRC preferred shares and increase reserves to $4.65 billion. That amount would be enough to cover more than two years of the company’s obligations payments. Meanwhile, BitMine bought 7.4 thousand ETH ($13.8 million). It now holds 5.8 million ETH ($10.8 billion), or 4.8% of the coin’s supply. The unrealized loss on ETH investments is $8.7 billion (44.6%). The company also repurchased 3 million of its common shares for $53.5 million.
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Strategy sells BTC while BitMine scoops up ETH
Michael Saylor’s company sold 1.7 thousand BTC for $108.6 million. After its fourth sale in 2026, Strategy reduced its BTC holdings to 840.4 thousand BTC ($53.4 billion), or 4% of all coins. The unrea...