Strategy Sells 3,620 Bitcoin in 2026 as It Builds $3.75 Billion Cash Buffer

3 articles · Updated · Yahoo Finance · Aug 2

Strategy said it has already sold 3,620 BTC this year, shifting from a de facto “never sell” stance to raise U.S. dollar liquidity.
Phong Le said the 2026 bear market taught the company that cash—not liquid Bitcoin—is critical for meeting dividend obligations on its Perpetual Stretch Preferred Stock and supporting the balance sheet.
$3.75 billion in cash now covers more than two years of dividend and interest payments, and Le said keeping a two- to three-year dollar reserve is the new target.
Earlier this month, the company launched a Bitcoin monetization program to fund dividends, debt interest and share repurchases, while signaling more BTC sales could follow.
Strategy still holds more than 843,775 Bitcoin worth about $58 billion, even as quarterly revenue of $122.39 million came in just below the $122.91 million consensus.