Strategy (NASDAQ:MSTR) posted an update on share sales and Bitcoin activity yesterday. In the 8-K file Securities and Exchange Commission (SEC), Strategy shared that 4.8 million shares of Class A common stock were sold between July 6 and July 12, 2026. A net amount of 466.7 million dollars was achieved from sales. The company’s move was previously announced.
It was stated in the application that the company did not purchase any shares or Bitcoin during the same period.
As of July 12, 2026, the Strategy’s US dollar reserve balance was $3.0 billion. The reserves are to support the payment of dividends on preferred stock and interest on the company’s debts. A. to post X stated that the company has 20.4 months of dividend coverage.
The strategy currently owns 843,775 Bitcoins for a total of $63 billion, or an average purchase price of $75,476.
Today Bitcoin is trading around $64,740.
The price of BTC purchased by the strategy, the shortfall is not currently hindering the company’s strategy to purchase Bitcoin.
Michael SaylorFounder of Strategy, shared company’s new Bitcoin Banking Adoption IndexIt aims to highlight BTC’s growing institutional holdings. Phong LeThe company’s CEO said:
“Introducing the Bitcoin Bank Adoption Index. Adoption of Bitcoin and the related digital asset ecosystem among major banks and financial institutions is accelerating, but at 32%, it is still early.”
Clearly, the future of the Strategy depends on the increasing (or decreasing) value of Bitcoin. Saylor has been a long-time supporter of Bitcoin, predicting that the world’s most popular cryptocurrency will rise significantly in value in the coming years. Meanwhile, Bitcoin is trading well above its all-time high of $124,000. Strategy shares are trading around $97.85 today, down from a 52-week high of $457.
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