Strategy Sells 1,638 BTC Below Cost to Fund Dividends and STRC Buybacks as Its Dollar Reserve Hits $4B

Strategy sold 1,638 BTC for about $105 million last week — roughly $64,000 a coin against an average cost near $75,400, its coins going out below what it paid — alongside some $290 million raised selling MSTR shares. It repurchased $81.2 million of STRC preferred, still trading near $89 against its $100 target, and lifted its dollar reserve to $4 billion, extending a buying pause past five weeks. Saylor separately said he has never sold his personal bitcoin, calling the company's sales "capital management."