Strategy holds 840,447 BTC, with reserves valued at approximately $54.56 billion
2026-08-15 22:11
Odaily News: Strategy holds 840,447 BTC, with reserves valued at approximately $54.56 billion as of August 10. Its cumulative acquisition cost stands at approximately $63.36 billion, with an average purchase price of $75,385 per BTC. The company also holds $4.65 billion in dollar reserves, alongside $6.75 billion in debt and $15.24 billion in preferred stock.
On August 15, Michael Saylor stated that Bitcoin is an engineered solution for storing and transferring economic value, with its digital scarcity, proof-of-work mechanism, and private keys forming the foundation of the digital currency system. Proof-of-work raises the difficulty of tampering with the ledger through computational and electricity costs, while private keys allow holders to directly authorize transactions.
Strategy has used part of its Bitcoin sale proceeds for capital management. Between August 3 and August 9, the company sold 1,690 BTC, generating net proceeds of $108.6 million, and used the same amount to repurchase 1,152,020 shares of STRC preferred stock. (Bitcoin.com News)
On August 15, Michael Saylor stated that Bitcoin is an engineered solution for storing and transferring economic value, with its digital scarcity, proof-of-work mechanism, and private keys forming the foundation of the digital currency system. Proof-of-work raises the difficulty of tampering with the ledger through computational and electricity costs, while private keys allow holders to directly authorize transactions.
Strategy has used part of its Bitcoin sale proceeds for capital management. Between August 3 and August 9, the company sold 1,690 BTC, generating net proceeds of $108.6 million, and used the same amount to repurchase 1,152,020 shares of STRC preferred stock. (Bitcoin.com News)
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