BTC Monetization Program
Authorizes up to $1.25B of bitcoin sales to fund the USD Reserve. $218.4M sold year to date through Jul 30, 2026.
The numbers
What it is
A program that lets the company sell part of its bitcoin holdings to fund the USD Reserve and preferred dividends, alongside equity issuance. Bitcoin sold under it is reported in the quarterly results.
Why it matters to the stock. Any bitcoin sale runs against the buy-only story, so traders will watch it as a sign that equity markets are not covering the dividend bill.
News
Strategy sells 1,690 BTC for $108.6M in week to Aug 9, holdings fall to 840,447
An 8-K filed August 10, 2026 reports that Strategy sold 1,690 bitcoin from August 3 to August 9 at an average net price of $64,262, for $108.6 million, and used the cash to repurchase STRC shares.
Strategy sells 1,638 BTC for $104.7M, funds preferred dividends and STRC buybacks
An 8-K filed August 3, 2026 shows Strategy sold 1,638 bitcoin between July 27 and August 2 at an average net price of $63,957, for $104.7 million.
Strategy discloses 3,588 BTC sold in late June and early July to fund preferred dividends
An 8-K filed July 6, 2026 reports that Strategy sold 1,363 bitcoin from June 29 to June 30 and 2,225 bitcoin from July 1 to July 5, for a combined 3,588 BTC.
Strategy lifts STRC dividend rate to 12.00% from July 1 record dates
Strategy said on June 29, 2026 that the STRC dividend rate will rise to 12.00% per annum for semi-monthly periods with record dates on or after July 1, 2026.
Strategy sells 32 bitcoin for $2.5M, first sale since 2022, to fund preferred dividends
Strategy disclosed on June 1, 2026 that it sold 32 BTC between May 26 and May 31 at an average of $77,135, about $2.5M in total.