Michael Saylor's Strategy sold another 1,690 Bitcoin worth $108 million. He said he was going to sell 5 billion worth, so at this pace it will take nearly a year. I suspect he will increase sales in the near future and give us that October bottom we are all waiting for.
Somehow I expect that to happen especially when he tweet this earlier.
Doing ₿usiness.
Then this reason came.
Strategy increased its USD Reserve by $650M and repurchased $109M of $STRC. This increased USD Duration by 143 days to 2.7 yrs and tightened STRC's BTC Credit by 10 bps. As of 8/9/26, we hold ₿840,447 in our BTC Reserve and $4.65B in our USD Reserve. $MSTR strategy.com/press/strategy…
Well in this recent actions they made it seems that they are done buying and they are starting to liquidate their assets slowly and tried not to hurt the market by selling their Bitcoins in batches.
Hard to expect that October will be the bottom, since maybe they are finding good opportunity to accelerate this sells and who know maybe they are thinking about dumping all their stash that's why people need to prepare on their future actions.
